Global Edible Meat Market: Overview, Key Drivers, Competitive Landscape, Segmentation, and Regional Analysis (2023-2033)

According to a research report published by Spherical Insights & Consulting, The Global Edible Meat Market is Expected to Grow from USD 1.23 Trillion in 2023 to USD 1.43 Trillion by 2033, at a CAGR of 1.52% during the forecast period 2023-2033.

The Edible Meat global market research studies offer an in-depth analysis of current industry trends, development models, and methodology. Production processes, development platforms, and the actual product models are some of the variables that have a direct impact on the market. The aforementioned characteristics can drastically vary in response to even minor changes in the product profile. The study provides a thorough explanation of each of these elements of Food & Beverages.

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Market Overview
The production and distribution of safe and suitable edible meat for human consumption are the main focuses of the edible meat market. Cattle, pigs, poultry, and other domestic animals provide the meat for a variety of items in the market. These products are processed and offered in a variety of formats, including fresh, frozen, and packaged meat. The meat business is progressively changing due to the rise in plant-based diets and alternative protein sources such insects, algae, and cultured meat. These substitutes satisfy changing customer needs while offering answers to moral and environmental problems. Furthermore, the market for edible meat is changing as a result of technological developments in meat production methods that enable higher processing quality and efficiency.

Meat industries are becoming more efficient and producing less waste because to the use of modern technologies like automation and biotechnology. Animals are becoming healthier as a result of new breeding methods and genetic technologies, which is crucial given the rising demand for meat. These technologies guarantee that the sector can meet sustainability initiatives and the rising demands of consumption.

The global market is Edible Meat growth due to:
• Changing Consumer Preferences: While traditional meat remains in high demand, the rise of plant-based diets and alternative proteins (e.g., cultured meat, insect protein, and algae-based products) is reshaping market dynamics.

• Technological Advancements:
o Automation and AI are increasing efficiency and reducing waste in meat processing plants.
o Biotechnology and genetic improvements are resulting in healthier, faster-growing animals and more sustainable breeding.

• Sustainability and Ethics: Increasing scrutiny around the environmental impact and animal welfare associated with meat production is pushing the industry toward cleaner, more responsible practices.

• Growing Global Meat Demand: Rising populations, especially in Asia-Pacific and Africa, are fueling higher consumption of meat as incomes increase and dietary habits shift.

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The poultry segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.

The market for edible meat is separated into four categories based on type: beef, mutton, hog, and poultry. Of these, the poultry sector led the market in 2023 and is anticipated to expand at a significant compound annual growth rate (CAGR) throughout the course of the forecast period. Poultry's popularity around the world is ascribed to its affordability, adaptability, and comparatively lower cost when compared to other meats like beef and mutton. Because chicken and other birds have more protein and less fat than red meats like beef or hog, they are typically thought to be healthier. Poultry is still a favorite with people who are becoming more health concerned.

The fresh segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

The market for edible meat is separated into four categories based on its form: canned, fresh, chilled/frozen, and processed. Of these, the new category had a sizable portion in 2023 and is projected to expand at an impressive compound annual growth rate (CAGR) throughout the course of the projection period. Fresh meat, such as beef, poultry, hog, and lamb, has led to the segment's rise since consumers prefer it over processed or frozen meat because of its superior flavor and texture. Most regions have seen a rise in the demand for fresh meat, especially in developed nations where consumers value fresh, high-quality produce.

Leading players of Edible Meat Market including:
• Hormel Foods
• Cargill
• Smithfield Foods
• Sanderson Farms
• Pilgrim's Pride
• JBS S.A.
• Moy Park
• Cloverdale Foods
• Maple Leaf Foods
• BRF S.A.
• Tyson Foods
• Danone
• Others

Market Challenges
1. Health Concerns & Changing Consumer Preferences
• Increasing awareness of the health risks associated with high meat consumption (e.g., heart disease, obesity, cancer) is pushing consumers toward plant-based or low-meat diets.

2. Environmental & Ethical Issues
• Livestock farming is a major contributor to:
o Greenhouse gas emissions
o Deforestation (especially due to feed crops)
o Water pollution

3. Volatility in Raw Material Prices
• Fluctuations in animal feed, fuel, and energy costs increase the cost of production.

4. Stringent Regulatory Environment
• The edible meat market faces tightening rules related to:
o Food safety and hygiene
o Antibiotic usage in livestock
o Labeling requirements (origin, traceability, sustainability claims)

5. Supply Chain Vulnerabilities
• Global events (like pandemics or geopolitical tensions) expose weaknesses in cold-chain logistics, distribution, and labor availability.

6. Competition from Alternative Proteins
• Rapid innovation in:
o Cultured/lab-grown meats
o Insect protein

7. Cultural & Religious Sensitivities
• Producers must localize offerings and ensure compliance with halal, kosher, or other cultural standards.

8. Consumer Price Sensitivity
• Rising input costs may price out lower-income consumers, leading to substitution with cheaper protein sources like legumes or eggs.

Research Objectives
• Assess market size and growth:
Determine current market value (USD 1.23 trillion in 2023)
Forecast market growth through 2033
Analyze CAGR and key growth drivers

• Segment the market by key categories:
By Meat Type: Poultry, beef, pork, mutton, others
By Form: Fresh, frozen, processed
By Distribution Channel: Off-trade (retail), On-trade (restaurants, foodservice)
By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

• Identify and analyze market trends:
Consumer shifts toward lean meats and meat alternatives
Growing demand for convenience and ready-to-cook products
Rise in online meat purchases
Increasing focus on sustainability and clean labeling

• Map the competitive landscape:
Identify major players and their market shares
Analyze company strategies, innovations, and product launches

Study mergers, acquisitions, and regional expansions
• Evaluate market challenges and risks:
Health and environmental concerns affecting demand
Supply chain disruptions and raw material volatility
Regulatory barriers and compliance costs
Consumer resistance to certain meat types

Recent Development
In March 2024, At Expo West, Vermont Smoke & Cure launched four new meat snack items: Hickory Smoked Premium Beef Sticks, Oven Roasted Seasoned Turkey Sticks, Hickory Smoked Hot & Spicy Turkey Sticks, and a Customer Favorites Variety Pack. The products feature meat that has no antibiotics, added hormones, or artificial ingredients.

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Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the edible meat market based on the below-mentioned segments:

Global Edible Meat Market, By Type
• Beef
• Mutton
• Pork
• Poultry

Global Edible Meat Market, By Form
• Canned
• Fresh
• Chilled/Frozen
• Processed

Global Edible Meat Market, By Distribution Channel
• Off-Trade
• On-Trade

Regional Segment Analysis of the Inspection Camera System Market
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

What's covered in the report?
1. Overview of the Inspection Edible Meat market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Edible Meatmarket, based on segment.
3. Edible MeatMarket trends.
4. Edible MeatMarket drivers.
5. Analysis of major company profiles.

FIVE FORCES ANALYSIS
• Competitive Rivalry - High
Intense competition due to many global and regional players with low product differentiation.

• Threat of New Entrants - Moderate
High entry barriers for traditional meat, but lower for plant-based and cultured meat startups.

• Bargaining Power of Suppliers - Moderate
Supplier influence varies with scale and location; input price volatility affects margins.

• Bargaining Power of Buyers - High
Large retailers and health-conscious consumers demand lower prices and higher standards.

• Threat of Substitutes - High
Rapid growth of plant-based, lab-grown, and alternative proteins threatens traditional meat.

PESTLE ANALYSIS
Political
• Trade policies and tariffs affect global meat exports and imports.
• Subsidies in livestock farming influence regional production competitiveness.

Economic
• Inflation and economic slowdowns impact consumer meat purchasing behavior.
• Economic growth in emerging markets drives higher meat consumption and demand.

Social
• Health awareness is shifting consumers toward lean meats and plant-based alternatives.
• Urbanization and fast-paced lifestyles are increasing demand for ready-to-cook meat products.

Technological
• Advances in cold-chain logistics and packaging improve shelf life and safety.
• Innovation in plant-based and lab-grown meat is disrupting traditional meat markets.

Environmental
• Meat production is under scrutiny for greenhouse gas emissions, land use, and water consumption.
• Climate change and extreme weather affect livestock farming and feed availability.

Legal
• Strict compliance required with health, hygiene, and food safety laws globally.
• Antitrust and fair-trade laws impact mergers and acquisitions in the meat industry.

Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Edible Meat Market Analysis and Projection, By Product Type
• Global Edible Meat Market Analysis and Projection, By Type
• Global Edible Meat Market Analysis and Projection, By Segment Type
• Global Edible Meat Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Edible Meat Market-Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Edible Meat Market
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis

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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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