India Meat Market to Reach USD 114.4 Billion by 2033 | 8.50% CAGR | Get Free Sample Report

According to IMARC Group's report titled "India Meat Market Size, Share, Trends and Forecast by Type, Product, Distribution Channel, and Region, 2025-2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

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India Meat Market Overview

The India meat market size was valued at USD 55.3 Billion in 2024. IMARC Group estimates the market to reach USD 114.4 Billion by 2033, exhibiting a CAGR of 8.50% during the forecast period of 2025-2033. Growing urbanization, rising disposable incomes, increasing health awareness, and advanced meat processing technologies are driving the market growth.

India Meat Market Key Takeaways

• Current Market Size: USD 55.3 Billion (2024)
• CAGR: 8.50%
• Forecast Period: 2025-2033
• Urbanization reported at 36.36% in 2023 is significantly contributing to market growth.
• India's per capita disposable income recorded at ₹2.14 lakh in 2023-24 has boosted consumer spending on meat.
• Exports of meat products reached USD 1093.30 Million in 2023, enhancing global demand.
• Rising demand for processed and ready-to-eat meat products among busy urban consumers.
• Increasing health-conscious consumers opting for protein-rich meat diets.
• Technological advancements improving meat processing, packaging, and shelf life.

India Meat Market Growth Factors

Consumers increasingly consume processed and packaged meat products which further trends the India meat market because they seek ready-to-eat meals with extended shelf lives. Changing dietary patterns, urbanization, and advancements in food processing technologies drive this trend. The increasing consumption of poultry, seafood and red meat due to high protein diets is mainly driven by the health-conscious, fitness lovers and the younger population of people. Thus, the penetration of e-commerce portals and modern retail formats to reach urban and semi-urban consumers for the distribution of meat products is increasing. There is a trend for organic and antibiotic-free in response to consumer awareness and concern about health, food safety, and quality.

In tandem, there has been a growing development of cold chain logistics and packaging technology which is enabling meat product quality and freshness through the distribution and storage process. Ready to cook and ready to eat products rise in popularity to meet the needs of the urban population within busy lifestyles. Regional cuisines from meat, for instance from the states of Kerala, Punjab and Andhra Pradesh gained popularity within India and overseas, which indicates the market evolves toward meeting the varied and dynamic needs of the Indian consumer.

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India Meat Market Trends

The Indian meat market has meaningful growth potential. The large and culturally diverse population along with rising disposable incomes drive the growth of the Indian meat market. Meat is a protein-rich food. It is a non-vegetarian food product. Changing eating habits toward non-vegetarianism exists in urban areas. The foodservice industry in restaurants, hotels, and quick-service restaurant chains has an increasing share. Tremendous business opportunities will exist for meat suppliers and meat processing companies. Government efforts that promoted animal husbandry and meat exports contributed to sector growth. Consumers who increasingly become aware that meat provides nutrition because it contains high protein and vitamins are expected to consume more of it.

Rural markets demand untapped resources and offer a key opportunity through evolving cold chain networks and affordability increases. Producing sustainable and ethical meat is a key trend within opportunities in agriculture and processing technology. These factors combine and set the stage for strong growth in the India meat market, offering stakeholders the chance to innovate on products for meeting the specific needs and preferences of a large consumer base.

India Meat Market Segmentation

Analysis by Type:

• Raw: Includes fresh, unprocessed meats like chicken, mutton, pork, and beef, favored for home cooking and freshness.
• Processed: Includes sausages, cold cuts, ready-to-eat meals, frozen and marinated meats, popular among urban consumers seeking convenience.
Analysis by Product:
• Chicken: Affordable, adaptable, widely consumed in fresh, frozen, and processed forms; high protein and low fat.
• Beef: Smaller segment; staple for certain communities; driven by premium cuts and buffalo meat exports.
• Pork: Niche but growing in specific regions; includes fresh cuts and processed products like bacon.
• Mutton: Culturally significant, especially goat meat; preferred in traditional and celebratory dishes despite higher cost.
• Others: Other meat types consumed regionally.

Analysis by Distribution Channel:

• Supermarkets and Hypermarkets: Provide diverse fresh and packaged meat with quality assurance, increasingly popular.
• Departmental Stores: Offer fresh and frozen meats with quality focus, catering to middle and high-end customers.
• Specialty Stores: Sell fresh, high-quality, organic, and specialty meats for health-conscious and specific customer segments.
• Online Stores: Rapidly growing segment enabling convenient purchase and home delivery of fresh to ready-to-eat meat products.
• Others: Other retail channels.

Regional Insights

• South India
• North India
• West and Central India
• East India

The South India meat market is diversified with strong demand for chicken, mutton, and fish. North India prefers mutton and chicken with growing processed meat consumption. West and Central India show mixed consumption patterns with urban areas favoring chicken and processed meats. The East India market is influenced by local preferences with wide consumption of chicken, mutton, pork, and fish. The market is dominated by South India with a robust share, growing alongside the overall CAGR of 8.50%.

India Meat Market Key Players

The report offers an in-depth examination of the competitive landscape, including market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

India Meat Market Recent Developments & News

• December 2024: Biokraft Foods hosted India's first formal tasting event for cultivated meat in Mumbai, engaging 30 representatives from influential organizations.

• November 2024: Vezlay launched new plant-based products, Crispy Veg Chicken and Tofu Fries, at the India International Trade Fair in New Delhi.

• November 2024: The Allana Group entered the poultry sector with Indian Poultry Alliance, investing $120 million targeting $300 million revenue by 2026.

• October 2024: Delightful Gourmet (parent of Licious) acquired "My Chicken and More" with 23 stores in Bengaluru to boost offline presence.

India Meat Market Key Highlights of the Report

• Comprehensive quantitative analysis of India meat market segments and industry trends from 2019-2033.
• Insight into market drivers, challenges, and growth opportunities.
• Detailed Porter's Five Forces analysis for competitive and industry attractiveness assessment.
• Thorough competitive landscape analysis with profiles of major market players.

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