Rising Global Meat Consumption Propels Soaring Growth In The Meat Market: Key Factor Driving The Growth In The Meat Market

The Meat Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Meat Market Size and Its Estimated Growth Rate?
In the past few years, the meat market has seen significant growth. With an increase from $1252.61 billion in 2024 to $1353.27 billion in 2025, the compound annual growth rate (CAGR) is projected to be 8.0%. The historic growth can be credited to factors such as population growth and urbanization, increased wealth and the widening middle-class, cultural and dietary shifts, the international expansion of food markets, and advancements in food processing technology.

Anticipations are high for the meat market to witness robust growth in the forthcoming years, with its size predicted to expand to $1763.69 billion by 2029, following a compound annual growth rate (CAGR) of 6.8%. This growth during the forecast period may be driven by factors such as health and wellness trends, the advent of plant-based and alternative proteins, considerations around environmental and ethical issues, the rise of e-commerce and direct-to-consumer sales, evolving regulatory landscapes and standards. Other significant trends expected during this period include heightened interest in exotic and novelty meats, greater focus on sustainable and regenerative agriculture practices, the conceptualization of hybrid meat products, concentrated attention on locally sourced and ethical meats, and the launch of 3D-printed meat.

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How Are Emerging Segments Shaping the Meat Market Landscape?
The meat market covered in this report is segmented -

1) By Type: Raw, Processed
2) By Product: Chicken, Beef, Pork, Mutton, Other Products
3) By Distribution Channel: Super markets and Hyper markets, Departmental Stores, Specialty Stores, Online Stores, Other Distribution Channels

Subsegments:
1) By Raw: Fresh Meat, Frozen Meat, Chilled Meat
2) By Processed: Cured Meat, Sausages and Deli Meats, Ready-to-Eat Meat Products

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Which Growth Factors Are Influencing Meat Market Expansion?
The rise in meat consumption is predicted to propel the expansion of the meat market. Meat, in this context, is the edible parts of animals like cattle, pigs, and sheep, often domesticated, that are used as food. It can also encompass tendons, ligaments, and muscles. Globally, meat consumption is on the rise due to its nutritional benefits such as being a rich source of protein and containing essential vitamins and minerals like selenium, niacin, and vitamin B12. For example, in December 2023, Sentient Media, a non-profit media organization based in the US, reported that every year, an average American eats 224.6 pounds of meat, including cattle, pigs, broilers, and turkey. The report suggests that these figures will go up in the future. As a result, the increasing consumption of meat is stimulating the growth of the meat market.

Who Are the Dominant Players Across Different Meat Market Segments?
Major companies operating in the meat market include WH Group Limited, Pilgrim's Pride Corporation, Smithfield Foods Inc., Hormel Foods Corporation, Conagra Brands Inc., National Beef Packing Company LLC, Danish Crown A/S, Seaboard Corporation, Cargill Incorporated, JBS S.A., Sysco Corporation, Tyson Foods Inc., NH Foods Ltd., OSI Group LLC, Perdue Farms Incorporated, Minerva Foods S.A., Vion Food Group N.V., Marfrig Global Foods S.A., Maple Leaf Foods Inc., BRF Global S.A., Triumph Foods LLC, Sanderson Farms Inc., Cherkizovo Group OJSC, Wayne Farms LLC, West Liberty Foods LLC, Clemens Food Group Inc., The Maschhoffs LLC, Dawn Meats Group Limited, China Yurun Food Group Co Ltd.

What Are the Latest Developing Trends in the Meat Market?
Leading corporations in the meat industry are striving to develop novel products like vegan meat to cater to the needs of health-conscious customers. Vegan meat, being a plant-based substitute to conventional meat, is created using ingredients such as soy, peas, beans, and grains. For example, in August 2022, Singapore's OTS Holdings, renowned for manufacturing ready-to-eat and ready-to-cook meat items, launched a fresh range of plant-based canned meat, presenting an inventive and handy alternative to traditional meat products. This ready-to-eat formulation, made from a mixture of wheat, soy protein, vegetable juice, and Eucheuma seaweed, merges contemporary cooking methods with classic tastes. After two years of thorough research, the aim is to deliver a gratifying taste experience while meeting the rising demand for sustainable food options.

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Which Geographic Regions Are Expected to Dominate the Meat Market in the Coming Years?
Asia-Pacific was the largest region in the meat market in 2024. The regions covered in the meat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Meat Market?
2. What is the CAGR expected in the Meat Market?
3. What Are the Key Innovations Transforming the Meat Industry?
4. Which Region Is Leading the Meat Market?

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