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    Meat Market

    Meat Market Size, Share, Forecast, & Trends Analysis by Animal Type (Cattle and Buffalo, Pig, Poultry, Sheep), Product Type (Processed, Fresh Meat), Distribution Channel (Business to Consumer (B2C), Business to Business (B2B) — Global Forecast to 2031

    Report ID:MRFB - 104575 Pages: 245 Oct-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 48 Hours

    The Meat Market was valued at $0.96 trillion in 2023. This market is expected to reach $1.52 trillion by 2031 from an estimated $1.01 trillion in 2024, at a CAGR of 6% during the forecast period from 2024 to 2031.

    Meat Market Size & Forecast

    Key factors driving the growth of this market include the rising demand for animal-based foods, increasing demand for protein-rich diets, and increasing demand for functional meat products. In addition, the growing awareness and demand for organic processed meat products are expected to offer growth opportunities for market players.

    Key Findings Meat Market

    • By Animal Type: The Cattle and Buffalo Segment to Dominate the Meat Market in 2024
    • By Product: In 2024, the Processed Meat Segment is Expected to Dominate the Meat Market
    • By Distribution Channel: In 2024, the Business to Consumers (B2C) Segment is Expected to Account for a Larger Share of the Meat Market
    • By Geography: Asia-Pacific Dominates the Meat Market in 2024

    Meat Market Growth Drivers

    Increasing Demand for Protein-rich Diets

    Global demand for protein is rising due to the growing population. According to FAO/UN projections, by 2050, global food demand, particularly for protein, is expected to double compared to that in 2013. As food security becomes a pressing issue, protein is poised to become a critical macronutrient, with the world population needing adequate quantities and quality of protein in their diets.

    In recent years, high-protein diets have gained significant attention, reshaping consumer attitudes toward protein intake as an essential part of a healthy lifestyle. With the increasing global population and rising standards of living, the demand for protein as a key nutritional component is increasing. The United Nations estimates that the global population will grow by nearly 2 billion people over the next 30 years, reaching approximately 9.7 billion by 2050.

    The adoption of high-protein diets is expected to continue, with consumers becoming more aware of the benefits of protein for an active lifestyle. Protein plays a crucial role in reducing the risk of diabetes and cardiovascular diseases while also contributing to overall health by supporting healthy skin, nails, and hair. It is vital for building, maintaining, and repairing tissues, cells, and organs, as well as for proper immune system function and heart health. Additionally, protein is essential for the growth and development of both children and older adults.

    Furthermore, research has shown that a protein-rich diet can alleviate various health concerns. As health consciousness continues to rise, consumers are increasingly recognizing the need to incorporate adequate protein into their daily diets. Notably, high-protein diets have been found to have no adverse effects on kidney function. Therefore, this growing demand for protein is expected to drive the growth of the meat market.

    Increasing Demand for Animal-Based Foods

    In recent years, the animal protein market has registered significant growth. Animal proteins are widely used in the food industry for various applications, including casein, whey protein, gelatin, egg proteins, and fibroin. Among these, proteins isolated from milk, such as caseins and whey proteins, are widely used in various food & beverages. Animal-derived foods and beverages, including meat, poultry, fish, seafood, eggs, and dairy products, are rich sources of protein.

    The increasing global population places significant pressure on resources to not only produce more food but also to diversify food options. In addition to population growth, socio-economic factors such as rising incomes, rapid urbanization, and an aging population have contributed to the growing demand for protein. These trends have prompted the livestock industry to expand to meet the increasing need for protein sources. Animal-based food products serve as a key source of dietary protein.

    According to the OECD-FAO Agricultural Outlook, global meat production reached an estimated 354 million tons in 2023, an increase of 0.7% from the previous year. Furthermore, projections indicate that by 2033, global consumption of poultry, pig meat, beef, and sheep meat will grow by 16%, 8%, 11%, and 16%, respectively. Additionally, per capita meat consumption is expected to rise by 2%—equivalent to an increase of 0.5 kg per person per year—reaching 28.6 kg per person annually.

    This growing demand for protein-rich foods, along with an increasing consumer preference for low-fat, high-protein diets, has led to a significant rise in the consumption of animal-sourced proteins worldwide. Therefore, the demand for animal-based proteins is anticipated to drive the growth of the global meat market.

    Meat Market

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    Meat Market Opportunities

    Growing Awareness and Demand for Organic Processed Meat Products

    Many consumers are becoming increasingly aware of the conditions under which poultry and cattle are raised for meat production. This growing awareness about the benefits of consuming healthy, safe foods free from antibiotics and chemical residues has led to a shift toward organic meat products. For instance, according to the Organic Trade Association, the market for organic meat, poultry, and fish was valued at approximately USD 2 billion in 2023, an increase from USD 1.7 billion in 2020. In response to this trend, meat manufacturers are increasingly sourcing their products from certified organic farms, which helps retain the authenticity and quality of the food.

    Moreover, concerns about synthetic curing agents such as nitrites and nitrates, which have been linked to potential health risks, including increased cancer risk, have prompted changes in preservation methods. Many producers are now using natural alternatives like celery powder and cherry powder to preserve meat, which the United States Department of Agriculture (USDA) has approved as safe substitutes for these synthetic preservatives. As health awareness continues to rise and demand for organic processed meat products grows, significant opportunities are expected to emerge for stakeholders in the meat market.

    Meat Market Analysis: Top Market Opportunity:

    By Animal Type: The Cattle and Buffalo Segment to Dominate the Meat Market in 2024

    Based on animal type, the global meat market is segmented into cattle and buffalo, pig, poultry, sheep and goat, and other animals. In 2024, the cattle and buffalo segment is expected to account for the largest share of the meat market. The large market share of this segment is attributed to the rising demand for beef, a major source of protein. Beef generally contains higher protein levels compared to other meats such as chicken, pork, turkey, and lamb. Additionally, growing consumer awareness about the nutritional benefits of protein-rich foods, along with a shift in preference toward beef due to concerns about diseases associated with poultry and pork, is expected to further drive this segment's growth.

    Cattle are among the most widely raised large ruminants, primarily for the production of milk, meat, and hides. Beef, derived from mature or nearly mature cattle, is naturally rich in protein, which aids in muscle growth. It also provides essential nutrients, including iron and four vital vitamins: niacin, riboflavin, vitamin B6, and vitamin B12. Furthermore, beef is an excellent source of zinc, which supports healthy hair, nails, and skin, as well as cognitive function, fertility, and reproduction. Zinc is also important for maintaining normal testosterone levels in the blood. Additionally, the iron found in beef plays a crucial role in supporting a healthy immune system.

    However, the poultry segment is projected to register the highest CAGR during the forecast period of 2024–2031. This growth can be attributed to several factors, including advancements in poultry processing technology and modernization within the industry. Additionally, the availability of various domestic livestock species and the affordability of poultry as a protein source compared to other meats contribute to this segment's growth.

    Geographical Analysis

    Asia-Pacific Dominates the Meat Market in 2024

    Based on geography, the meat market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of the meat market, followed by North America and Europe. Asia-Pacific’s significant market share can be attributed to the growing population, rapid urbanization, and rising disposable incomes. The demand for meat and meat products is particularly high in developing countries like China and India. Furthermore, the expanding middle class in several Asian nations, especially Vietnam and Indonesia, is expected to contribute to the continued growth of the meat market in the coming years.

    The rise in meat consumption in the Asia-Pacific region is largely driven by economic growth, which enhances the purchasing power of the population and provides access to high-quality products. Additionally, Southeast Asian countries are actively promoting campaigns aimed at improving nutrition and ensuring access to optimal food products. These initiatives are closely aligned with increasing urbanization, rising incomes, and increased imports of animal-based products.

    Moreover, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period of 2024–2031. The growth of this regional market is primarily fueled by increasing health consciousness among consumers, a shift toward convenient and ready-to-eat meat products, and rising demand for sustainable and ethically sourced meats. Additionally, the proliferation of distribution channels, such as e-commerce and modern retail formats, is making meat products more accessible to consumers across the region. Furthermore, India is expected to be the fastest-growing country in this region. According to Invest India, India ranks fifth in global meat production, with a total output of 9.77 million tons in the 2022-2023 period, reflecting a 5.1% increase compared to the previous year.

    Key Companies

    The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios and geographic presence and the key growth strategies adopted by them over the past four years. Some of the key players operating in the meat market are Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.), JBS S.A. (Brazil), Hormel Foods Corporation (U.S.), American Foods Group, LLC (U.S.), Koch Foods, Inc. (U.S.), Smithfield Foods, Inc (U.S.), National Beef Packing Company, LLC (U.S.), Perdue Farms Inc. (U.S.), and Allanasons Private Limited (India).

    Meat Industry Overview: Latest Developments from Key Industry Players

    • In September 2024, Hormel Foods Corporation (U.S.) launched the first-ever co-branded bacon under the BLACK LABEL category in partnership with CINNAMON TOAST CRUNCH cereal. This limited-edition product features a crispy, sugary coating that combines cinnamon, sugar, salt, and the savory taste of bacon.
    • In August 2023, Minerva Foods SA (Brazil) completed the acquisition of Marfrig's cattle slaughtering and deboning plants in South America. This acquisition increased the company’s slaughtering and deboning capacity from 29,540 head per day to 42,439 head per day, marking a 44% increase.
    • In October 2021, Swift Prepared Foods, a subsidiary of JBS USA, acquired Sunnyvalley Smoked Meats, Inc., a California-based producer known for its range of quality smoked bacon, ham, and turkey products.
    • In September 2021, Tyson Foods Inc. (U.S.) partnered with Dickey's Barbecue Restaurants, Inc. (U.S.) to develop a cook-in-bag rib product.

    Meat Market Research Summary

    Particulars

    Details

    Number of Pages

    245

    Format

    PDF

    Forecast Period

    2024–2031

    Base Year

    2024

    CAGR (Value)

    6%

    Market Size (Value)

    USD 1.52 Trillion by 2031

    Segments Covered

    By Animal Type

    • Cattle and Buffalo
    • Pig
    • Poultry
    • Sheep and Goat
    • Other Animals

    By Product

    • Processed Meat 
      • Frozen Meat
      • Chilled Meat
      • Canned Meat 
    • Fresh Meat

    By Distribution Channel

    • Business to Consumers (B2C) 
      • Modern Groceries
      • Wet Market & Butcher Shops
      • Convenience Stores
      • Other Channels 
    • Business to Business (B2B)

    Countries Covered

    North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), and the Middle East & Africa (South Africa, Saudi Arabia, UAE, the Rest of Middle East & Africa).

    Key Companies

    Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.), JBS S.A. (Brazil), Hormel Foods Corporation (U.S.), American Foods Group, LLC (U.S.), Koch Foods, Inc. (U.S.), Smithfield Foods, Inc (U.S.), National Beef Packing Company, LLC (U.S.), Perdue Farms Inc. (U.S.), and Allanasons Private Limited (India).

    Key questions answered in the meat market report:

    The global meat market size was valued at $0.96 trillion in 2023.

    The market is projected to grow from $1.01 trillion in 2024 to $1.52 trillion by 2031.

    The meat market analysis indicates substantial growth, with projections indicating that the market will reach $1.52 trillion by 2031 at a compound annual growth rate (CAGR) of 6% from 2024 to 2031.

    The key companies operating in this market include Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.), JBS S.A. (Brazil), Hormel Foods Corporation (U.S.), American Foods Group, LLC (U.S.), Koch Foods, Inc. (U.S.), Smithfield Foods, Inc (U.S.), National Beef Packing Company, LLC (U.S.), Perdue Farms Inc. (U.S.), and Allanasons Private Limited (India).

    The rise of e-commerce and the rising demand for gluten-free options are prominent trends in this market.

    By animal type, the cattle and buffalo segment is forecasted to hold the largest market share during 2024-2031.

    By product: the processed meat segment is expected to dominate the market during 2024-2031.

    By distribution channel: the business-to-consumer (B2C) segment is expected to dominate the market during 2024-2031.

    By geography, Asia-Pacific is expected to hold the largest share of the market during 2024-2031.

    By region, Asia-Pacific holds the largest share of the meat market in 2024. Moreover, the Asia-Pacific region is expected to witness the fastest growth rate during the forecast period, driven by the growing population, rapid urbanization, and rising disposable incomes.

    The rising demand for animal-based foods, protein-rich diets, and functional meat products drives the growth of this market.

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    1.   Introduction
       1.1.   Market Definition & Scope  
       1.2.   Market Ecosystem  
       1.3.   Currency  
       1.4.   Key Stakeholders  
    2.   Research Methodology
       2.1.   Research Approach  
       2.2.   Data Collection and Validation Process  
          2.2.1.   Secondary Research  
          2.2.2.   Primary Research/Interviews with Key Opinion Leaders from the Industry  
       2.3.   Market Sizing and Forecast  
          2.3.1.   Market Size Estimation Approach  
          2.3.2.   Growth Forecast Approach  
       2.4.   Assumptions for the Study  
    3.   Executive Summary
       3.1.   Overview  
       3.2.   Segmental Analysis  
          3.2.1.   Meat Market Analysis: by Animal Type  
          3.2.2.   Meat Market Analysis: by Product  
          3.2.3.   Meat Market Analysis: by Distribution Channel  
       3.3.   Regional Analysis  
       3.4.   Market Competitors & Competitive Landscape  
    4.   Market Insights
       4.1.   Overview  
       4.2.   Drivers  
          4.2.1.   Increasing Demand for Animal-based Foods  
          4.2.2.   Growing Demand for Protein-Rich Diets  
          4.2.3.   Growing Demand for Functional Meat Products  
       4.3.   Restraints  
          4.3.1.   Carcinogenic Effects of Processed Meat  
          4.3.2.   Increasing Preference for Meat Alternatives Among Consumers  
       4.4.   Opportunities  
          4.4.1.   Increasing Awareness and Demand for Organic Processed Meat Products  
       4.5.   Challenges  
          4.5.1.   Risk of Antimicrobial Resistance (AMR)  
       4.6.   Trend  
          4.6.1.   Rise in E-commerce  
          4.6.2.   Increasing Demand for Gluten-free Options  
       4.7.   Porter’s Five Forces Analysis  
          4.7.1.   Bargaining Power of Suppliers  
          4.7.2.   Bargaining Power of Buyers  
          4.7.3.   Threat of Substitutes  
          4.7.4.   Threat of New Entrants  
          4.7.5.   Degree of Competition  
       4.8.   Pricing Analysis  
          4.8.1.   Cattle and Buffalo Pricing Analysis, by Country/Region  
          4.8.2.   Pig Pricing Analysis, by Country/Region  
          4.8.3.   Poultry Pricing Analysis, by Country/Region  
          4.8.4.   Sheep and Goat Pricing Analysis, by Country/Region  
          4.8.5.   Other Animals Pricing Analysis, by Country/Region  
       4.9.   Import-Export Analysis  
    5.   Meat Market Assessment—by Animal Type
       5.1.   Overview  
       5.2.   Cattle and Buffalo  
       5.3.   Pig  
       5.4.   Poultry  
       5.5.   Sheep and Goat  
       5.6.   Other Animals  
    6.   Meat Market Assessment—by Product
       6.1.   Overview  
       6.2.   Processed Meat  
          6.2.1.   Frozen Meat  
          6.2.2.   Chilled Meat  
          6.2.3.   Canned Meat  
       6.3.   Fresh Meat  
    7.   Meat Market Assessment—by Distribution Channel
       7.1.   Overview  
       7.2.   Business to Consumers (B2C)  
          7.2.1.   Modern Groceries  
          7.2.2.   Wet Market & Butcher Shops  
          7.2.3.   Convenience Stores  
          7.2.4.   Other Channels  
       7.3.   Business to Business (B2B)  
    8.   Meat Market Assessment—by Geography
       8.1.   Overview  
       8.2.   North America  
          8.2.1.   U.S.  
          8.2.2.   Canada  
       8.3.   Europe  
          8.3.1.   Germany  
          8.3.2.   France  
          8.3.3.   Italy  
          8.3.4.   U.K.  
          8.3.5.   Spain  
          8.3.6.   Rest of Europe  
       8.4.   Asia-Pacific  
          8.4.1.   China  
          8.4.2.   Japan  
          8.4.3.   India  
          8.4.4.   Australia  
          8.4.5.   Rest of Asia-Pacific  
       8.5.   Latin America  
          8.5.1.   Brazil  
          8.5.2.   Mexico  
          8.5.3.   Argentina  
          8.5.4.   Rest of Latin America  
       8.6.   Middle East & Africa  
          8.6.1.   South Africa  
          8.6.2.   Saudi Arabia  
          8.6.3.   UAE  
          8.6.4.   Rest of Middle East & Africa  
    9.   Competition Analysis
       9.1.   Overview  
       9.2.   Key Growth Strategies  
       9.3.   Competitive Benchmarking  
       9.4.   Competitive Dashboard  
          9.4.1.   Industry Leaders  
          9.4.2.   Market Differentiators  
          9.4.3.   Vanguards  
          9.4.4.   Emerging Companies  
       9.5.   Market Share/Ranking Analysis, by Key Players, 2023  
    10.   Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
       10.1.   Cargill Incorporated  
       10.2.   Tyson Foods, Inc.  
       10.3.   JBS S.A.  
       10.4.   Hormel Foods Corporation  
       10.5.   American Foods Group, LLC  
       10.6.   Koch Foods, Inc  
       10.7.   Smithfield Foods, Inc  
       10.8.   National Beef Packing Company, LLC  
       10.9.   Perdue Farms Inc.  
       10.10.   Allanasons Private Limited  
       10.11.   Other Companies  
    11.   Appendix
       11.1.   Questionnaire  
       11.2.   Available Customization  
     

    List of Tables
    Table 1    Average Selling Prices of Cattle and Buffalo Meat, by Country, 2022–2031 (USD/Ton)
    Table 2    Average Selling Prices of Pork, by Country, 2022–2031 (USD/Ton)
    Table 3    Average Selling Prices of Poultry Meat, by Country, 2022–2031 (USD/Ton)
    Table 4    Average Selling Prices of Sheep and Goat Meat, by Country, 2022–2031 (USD/Ton)
    Table 5    Average Selling Prices of Other Animals Meat, by Country, 2022–2031 (USD/Ton)
    Table 6    Global Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 7    Global Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 8    Global Cattle and Buffalo Meat Market, by Country, 2022–2031 (USD Million)
    Table 9    Global Cattle and Buffalo Meat Market, by Country, 2022–2031 (Million Tons)
    Table 10    Global Pig Meat Market, by Country, 2022–2031 (USD Million)
    Table 11    Global Pig Meat Market, by Country, 2022–2031 (Million Tons)
    Table 12    Global Poultry Meat Market, by Country, 2022–2031 (USD Million)
    Table 13    Global Poultry Meat Market, by Country, 2022–2031 (Million Tons)
    Table 14    Global Sheep and Goat Meat Market, by Country, 2022–2031 (USD Million)
    Table 15    Global Sheep and Goat Meat Market, by Country, 2022–2031 (Million Tons)
    Table 16    Global Other Animals Meat Market, by Country, 2022–2031 (USD Million)
    Table 17    Global Other Animals Meat Market, by Country, 2022–2031 (Million Tons)
    Table 18    Global Meat Market, by Product, 2022–2031 (USD Million)
    Table 19    Global Meat Market, by Product, 2022–2031 (Million Tons)
    Table 20    Global Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 21    Global Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 22    Global Processed Meat Market, by Country, 2022–2031 (USD Million)
    Table 23    Global Processed Meat Market, by Country, 2022–2031 (Million Tons)
    Table 24    Global Frozen Meat Market, by Country, 2022–2031 (USD Million)
    Table 25    Global Frozen Meat Market, by Country, 2022–2031 (Million Tons)
    Table 26    Global Chilled Meat Market, by Country, 2022–2031 (USD Million)
    Table 27    Global Chilled Meat Market, by Country, 2022–2031 (Million Tons)
    Table 28    Global Canned Meat Market, by Country, 2022–2031 (USD Million)
    Table 29    Global Canned Meat Market, by Country, 2022–2031 (Million Tons)
    Table 30    Global Fresh Meat Market, by Country, 2022–2031 (USD Million)
    Table 31    Global Fresh Meat Market, by Country, 2022–2031 (Million Tons)
    Table 32    Global Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 33    Global Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 34    Global Meat Market for B2C Channel, by Country, 2022–2031 (USD Million)
    Table 35    Global Meat Market for Modern Groceries, by Country, 2022–2031 (USD Million)
    Table 36    Global Meat Market for Wet Market & Butcher Shops, by Country, 2022–2031 (USD Million)
    Table 37    Global Meat Market for Convenience Stores, by Country, 2022–2031 (USD Million)
    Table 38    Global Meat Market for Other B2C channel, by Country, 2022–2031 (USD Million)
    Table 39    Global Meat Market for B2B channel, by Country, 2022–2031 (USD Million)
    Table 40    Global Meat Market, by Region, 2022–2031 (USD Million)
    Table 41    Global Meat Market, by Region, 2022–2031 (Million Tons)
    Table 42    North America: Meat Market, by Country, 2022–2031 (USD Million)
    Table 43    North America: Meat Market, by Country, 2022–2031 (Million Tons)
    Table 44    North America: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 45    North America: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 46    North America: Meat Market, by Product, 2022–2031 (USD Million)
    Table 47    North America: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 48    North America: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 49    North America: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 50    North America: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 51    North America: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 52    U.S.: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 53    U.S.: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 54    U.S.: Meat Market, by Product, 2022–2031 (USD Million)
    Table 55    U.S.: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 56    U.S.: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 57    U.S.: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 58    U.S.: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 59    U.S.: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 60    Canada: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 61    Canada: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 62    Canada: Meat Market, by Product, 2022–2031 (USD Million)
    Table 63    Canada: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 64    Canada: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 65    Canada: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 66    Canada: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 67    Canada: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 68    Europe: Meat Market, by Country/Region, 2022–2031 (USD Million)
    Table 69    Europe: Meat Market, by Country/Region, 2022–2031 (Million Tons)
    Table 70    Europe: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 71    Europe: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 72    Europe: Meat Market, by Product, 2022–2031 (USD Million)
    Table 73    Europe: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 74    Europe: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 75    Europe: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 76    Europe: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 77    Europe: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 78    Germany: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 79    Germany: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 80    Germany: Meat Market, by Product, 2022–2031 (USD Million)
    Table 81    Germany: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 82    Germany: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 83    Germany: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 84    Germany: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 85    Germany: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 86    France: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 87    France: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 88    France: Meat Market, by Product, 2022–2031 (USD Million)
    Table 89    France: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 90    France: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 91    France: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 92    France: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 93    France: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 94    Italy: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 95    Italy: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 96    Italy: Meat Market, by Product, 2022–2031 (USD Million)
    Table 97    Italy: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 98    Italy: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 99    Italy: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 100    Italy: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 101    Italy: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 102    U.K.: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 103    U.K.: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 104    U.K.: Meat Market, by Product, 2022–2031 (USD Million)
    Table 105    U.K.: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 106    U.K.: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 107    U.K.: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 108    U.K.: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 109    U.K.: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 110    Spain: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 111    Spain: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 112    Spain: Meat Market, by Product, 2022–2031 (USD Million)
    Table 113    Spain: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 114    Spain: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 115    Spain: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 116    Spain: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 117    Spain: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 118    Rest of Europe: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 119    Rest of Europe: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 120    Rest of Europe: Meat Market, by Product, 2022–2031 (USD Million)
    Table 121    Rest of Europe: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 122    Rest of Europe: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 123    Rest of Europe: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 124    Rest of Europe: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 125    Rest of Europe: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 126    Asia-Pacific: Meat Market, by Country/Region, 2022–2031 (USD Million)
    Table 127    Asia-Pacific: Meat Market, by Country/Region, 2022–2031 (Million Tons)
    Table 128    Asia-Pacific: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 129    Asia-Pacific: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 130    Asia-Pacific: Meat Market, by Product, 2022–2031 (USD Million)
    Table 131    Asia-Pacific: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 132    Asia-Pacific: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 133    Asia-Pacific: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 134    Asia-Pacific: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 135    Asia-Pacific: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 136    China: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 137    China: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 138    China: Meat Market, by Product, 2022–2031 (USD Million)
    Table 139    China: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 140    China: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 141    China: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 142    China: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 143    China: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 144    Japan: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 145    Japan: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 146    Japan: Meat Market, by Product, 2022–2031 (USD Million)
    Table 147    Japan: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 148    Japan: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 149    Japan: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 150    Japan: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 151    Japan: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 152    India: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 153    India: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 154    India: Meat Market, by Product, 2022–2031 (USD Million)
    Table 155    India: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 156    India: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 157    India: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 158    India: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 159    India: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 160    Australia: Chicken Meat Production, 2010-2021 (KT)
    Table 161    Australia: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 162    Australia: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 163    Australia: Meat Market, by Product, 2022–2031 (USD Million)
    Table 164    Australia: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 165    Australia: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 166    Australia: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 167    Australia: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 168    Australia: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 169    South Korea: Meat Production, 2017-2020 (KT)
    Table 170    Rest of Asia-pacific: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 171    Rest of Asia-pacific: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 172    Rest of Asia-pacific: Meat Market, by Product, 2022–2031 (USD Million)
    Table 173    Rest of Asia-pacific: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 174    Rest of Asia-pacific: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 175    Rest of Asia-pacific: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 176    Rest of Asia-pacific: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 177    Rest of Asia-pacific: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 178    Latin America: Meat Market, by Country/Region, 2022–2031 (USD Million)
    Table 179    Latin America: Meat Market, by Country/Region, 2022–2031 (Million Tons)
    Table 180    Latin America: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 181    Latin America: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 182    Latin America: Meat Market, by Product, 2022–2031 (USD Million)
    Table 183    Latin America: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 184    Latin America: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 185    Latin America: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 186    Latin America: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 187    Latin America: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 188    Brazil: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 189    Brazil: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 190    Brazil: Meat Market, by Product, 2022–2031 (USD Million)
    Table 191    Brazil: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 192    Brazil: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 193    Brazil: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 194    Brazil: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 195    Brazil: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 196    Mexico: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 197    Mexico: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 198    Mexico: Meat Market, by Product, 2022–2031 (USD Million)
    Table 199    Mexico: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 200    Mexico: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 201    Mexico: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 202    Mexico: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 203    Mexico: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 204    Argentina: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 205    Argentina: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 206    Argentina: Meat Market, by Product, 2022–2031 (USD Million)
    Table 207    Argentina: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 208    Argentina: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 209    Argentina: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 210    Argentina: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 211    Argentina: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 212    Rest of Australia: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 213    Rest of Latin America: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 214    Rest of Latin America: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 215    Rest of Latin America: Meat Market, by Product, 2022–2031 (USD Million)
    Table 216    Rest of Latin America: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 217    Rest of Latin America: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 218    Rest of Latin America: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 219    Rest of Latin America: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 220    Rest of Latin America: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 221    Middle East & Africa: Meat Market, by Country/Region, 2022–2031 (USD Million)
    Table 222    Middle East & Africa: Meat Market, by Country/Region, 2022–2031 (Million Tons)
    Table 223    Middle East & Africa: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 224    Middle East & Africa: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 225    Middle East & Africa: Meat Market, by Product, 2022–2031 (USD Million)
    Table 226    Middle East & Africa: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 227    Middle East & Africa: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 228    Middle East & Africa: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 229    Middle East & Africa: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 230    Middle East & Africa: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 231    South Africa: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 232    South Africa: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 233    South Africa: Meat Market, by Product, 2022–2031 (USD Million)
    Table 234    South Africa: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 235    South Africa: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 236    South Africa: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 237    South Africa: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 238    South Africa: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 239    Saudi Arabia: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 240    Saudi Arabia: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 241    Saudi Arabia: Meat Market, by Product, 2022–2031 (USD Million)
    Table 242    Saudi Arabia: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 243    Saudi Arabia: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 244    Saudi Arabia: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 245    Saudi Arabia: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 246    Saudi Arabia: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 247    UAE: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 248    UAE: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 249    UAE: Meat Market, by Product, 2022–2031 (USD Million)
    Table 250    UAE: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 251    UAE: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 252    UAE: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 253    UAE: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 254    UAE: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)
    Table 255    Rest of Middle East & Africa: Meat Market, by Animal Type, 2022–2031 (USD Million)
    Table 256    Rest of Middle East & Africa: Meat Market, by Animal Type, 2022–2031 (Million Tons)
    Table 257    Rest of Middle East & Africa: Meat Market, by Product, 2022–2031 (USD Million)
    Table 258    Rest of Middle East & Africa: Meat Market, by Product, 2022–2031 (Million Tons)
    Table 259    Rest of Middle East & Africa: Processed Meat Market, by Type, 2022–2031 (USD Million)
    Table 260    Rest of Middle East & Africa: Processed Meat Market, by Type, 2022–2031 (Million Tons)
    Table 261    Rest of Middle East & Africa: Meat Market, by Distribution Channel, 2022–2031 (USD Million)
    Table 262    Rest of Middle East & Africa: Meat Market for B2C Channel, by Type, 2022–2031 (USD Million)


    List of Figures
    Figure 1    Research Process
    Figure 2    Key Secondary Sources
    Figure 3    Primary Research Techniques
    Figure 4    Key Executives Interviewed
    Figure 5    Breakdown of Primary Interviews (Supply Side & Demand Side)
    Figure 6    Market Sizing and Growth Forecast Approach
    Figure 7    The Cattle and Buffalo Segment is Expected to Account for the Largest Share of the Market in 2024
    Figure 8    The Processed Meat Segment is Expected to Dominate the Global Meat Market
    Figure 9    The Business to Consumer (B2C) Segment to Witness Significant Growth During the Forecast Period
    Figure 10    Asia-Pacific is Expected to Dominate the Meat Market in 2024
    Figure 11    Impact Analysis of Market Dynamics
    Figure 12    Meat Market: Porter’s Five Forces Analysis
    Figure 13    Global Meat Market Size, by Animal Type, 2024 Vs. 2031 (USD Million)
    Figure 14    Global Meat Market Size, by Product, 2024 Vs. 2031 (USD Million)
    Figure 15    Global Meat Market Size, by Distribution Channel, 2024 Vs. 2031 (USD Million)
    Figure 16    Global Meat Market Size, by Region, 2024 Vs. 2031 (USD Million)
    Figure 17    North America: Meat Market Snapshot (2024)
    Figure 18    Europe: Meat Market Snapshot (2024)
    Figure 19    Asia-Pacific: Meat Market Snapshot (2024)
    Figure 20    Latin America: Meat Market Snapshot (2024)
    Figure 21    Middle East & Africa: Meat Market Snapshot (2024)
    Figure 22    Key Growth Strategies Adopted by Leading Players (2021–2024)
    Figure 23    Global Meat Market Competitive Benchmarking
    Figure 24    Competitive Dashboard: Meat Market
    Figure 25    Cargill Incorporated: Financial Overview (2023)
    Figure 26    Tyson Foods, Inc.: Financial Overview (2023)
    Figure 27    JBS S.A.: Financial Overview (2023)
    Figure 28    Hormel Foods Corporation: Financial Overview (2023)

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    Author Name:

    Shubham Lawande, Shubhangi Bawkar, Prashant Bombe

    Related Tag: Meat Market Poultry meat Meat products Meat market Animal-based meat Animal protein Meat-based protein Beef Pork
    Food & Agriculture Technologies
    Food and Beverages
     
     
     
     

    The Meat Market is expected to reach $1,345.9 billion by 2029, at a CAGR of 5.7% during the forecast period 2022 to 2029. In terms of volume, the meat market is expected to reach 412.2 million tons cwe by 2029, at a CAGR of 1.8% during the forecast period of 2022 to 2029. Increasing demand for animal-based food, growing demand for protein-rich diets, and rising demand for functional meat products are the key factors driving the growth of the meat market. Moreover, the increasing awareness of organic processed meat products and rising demand for gluten-free products are expected to provide lucrative growth opportunities for the stakeholders in the meat market. However, the carcinogenic effects of processed meat and growing awareness about the benefits of meat alternatives hinder market growth to some extent.

    Here are the top 10 companies operating in the Meat Market

    Cargill, Incorporated (U.S.)

    Founded in 1865 and headquartered in Minneapolis, U.S., Cargill is engaged in providing products and services to food, agriculture, industrial, and financial customers. The company mainly operates through five business segments: Food Ingredients & Bio-Industrial Animal Nutrition Protein & Salt Agricultural Supply Chain and Metals & Shipping. The company offers meat and poultry products to food producers, retailers, and food service operators across the globe. Moreover, in 2013, the company invested around USD10 million (THB 300 million) to upgrade its integrated poultry processing facility in Saraburi, Thailand, which produces a range of cooked poultry products for food service chains, convenience stores, food manufacturers, retailers, and distributors across Asia, Europe, and North America.

    With its subsidiaries and a strong distribution network in more than 125 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 2021, the company had a headcount of 1,55,000 employees worldwide.

    Tyson Foods, Inc. (U.S.)

    Founded in 1935 and headquartered in Springdale, U.S., Tyson Foods engaged in the production of processed food. The company mainly operates through four business segments: Chicken, Beef, Pork, and Prepared Foods. The Chicken segment is involved in domestic operations related to raising and processing live chickens into fresh, frozen, and value-added chicken products, as well as sales from allied products. The Beef segment includes operations related to processing live-fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. These beef products are marketed domestically to food retailers, foodservice distributors, restaurant operators, hotel chains, and noncommercial food service establishments, such as schools, healthcare facilities, the military, and other food processors, as well as to international export markets. This segment also offers specialty products, such as hides and a variety of meats. Moreover, the Pork segment comprises operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Also, the Prepared Foods segment manufactures and markets frozen and refrigerated food products.

    With its subsidiaries and a strong distribution network in more than 145 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of October 2020, the company had a headcount of 1,39,000 employees worldwide.

    JBS S.A. (Brazil)

    Founded in 1953 and headquartered in Sao Paulo, Brazil, JBS is one of the world’s largest processors of animal proteins. The company is engaged in the processing of a range of meats, including beef, pork, lamb, and chicken, as well as hides. The company mainly operates through six business segments: Beef, Poultry, Pork, Leather, Swift, and Other Related Business. The company produces and sells beef through two Business Units: Friboi in Brazil and JBS USA Beef in the rest of the World. Friboi has 35 beef processing units, 35 feedlots, 26 distribution centers, and 7 processed food units.

    JBS has more than 450 production units and commercial offices in over 20 countries. The company has its geographic presence across the Americas, Europe, Asia, Africa, and Oceania. The company had a headcount of 250,000 employees worldwide.

    Hormel Foods Corporation (U.S.)

    Founded in 1891 and headquartered in Austin, Minnesota, U.S., Hormel Foods is a fortune of 500 companies engaged in the manufacturing and distribution of meat products. The company operates through four business segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. The refrigerated foods business segment offers branded and unbranded pork, beef, chicken, and turkey products for retail, food service, deli, and commercial customers. Moreover, the company offers branded and unbranded turkey products for retail, food service, and commercial customers through its jennie-O turkey store business store.

    With its subsidiaries and a strong distribution network in more than 80 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of October 2021, the company had a headcount of more than 20,000 employees worldwide.

    American Foods Group, LLC (U.S.)

    Founded in 1946 and headquartered in Green Bay, Wisconsin (WI), U.S., American Foods Group, LLC is a part of Rosen’s Diversified Inc. American Foods is engaged in the production and distribution of beef products. The company offers fresh, ground, and specialty beef. American Foods provides beef to the food service, retail, and international markets. It processes more than 1.5 million pounds of fresh ground beef every day. The company offers fresh beef products through its fresh meats division in fresh and frozen formats.

    With its subsidiaries and a strong distribution network in more than 40 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The company had a headcount of more than 4,500 employees worldwide.

    Koch Foods, Inc. (U.S.)

    Founded in 1985 and headquartered in Illinois, U.S., Koch Foods is engaged in the production and processing of poultry products. The company offers value-added fresh and frozen chicken products, such as chicken tenderloins, tenders, strips, boneless breasts, and wings, along with diced and pulled white and dark meat and whole and whole cut-up chickens. The company serves products to the food service, industrial, retail, and export sectors. The company distributes its value-added poultry products under the Koch Foods, Antioch Farms, and Cravers retail brands.

    The company has its primary presence in North America, and it exports products throughout the globe. As of 2021, the company had a headcount of more than 13,000 employees worldwide.

    Smithfield Foods, Inc (U.S.)

    Founded in 1936 and headquartered in Virginia, U.S., Smithfield Foods is engaged in animal slaughtering and processing. As a hog producer and pork processor, the company offers a number of fresh pork and value-added pork products, including deli meats and prepared foods. The company has 573 company-owned pigs farms and 3,221 contract pig farms. Adding to this, it has 3 company-owned and 68 contract poultry farms internationally. Annually, the company sells more than 11.2 billion pounds of fresh pork, packaged meats, and poultry.

    The company has its primary presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of 2020, the company had a headcount of more than 59,000 employees worldwide.

    National Beef Packing Company, LLC (U.S.)

    Founded in 1992 and headquartered in Kansas City, Missouri, U.S., National Beef Packing is engaged in animal slaughtering, processing, and packaging. Beef processing is a core business segment of the company. The company offers beef-related products, such as steak, ground beef, prime rib, fresh and case-ready beef, hides, tallows, and other related food products. The company has partnered with more than 1,800 cattle suppliers across the U.S. to obtain quality raw materials.

    The company has its primary presence in North America, and it also exports products to the Asia-Pacific, Europe, Latin America, and the Middle East & Africa region.

    Perdue Farms Inc. (U.S.)

    Founded in 1920 and headquartered in Salisbury, Maryland, U.S., Perdue Farms is engaged in the production and distribution of poultry and meat products. The company mainly operates through two business segments: Retail and Food Service. The food service segment offers a full line of poultry products for foodservice operators, including restaurants, education, K-12, college and university, and healthcare segments. The company also offers chicken breasts, cutlets, burgers, sausages, and wings.

    The company has production and processing facilities based in the U.S. and offers chicken and turkey products through retail venues and to food service companies in the U.S. and more than 30 countries worldwide.

    Allanasons Private Limited (India)

    Founded in 1965 and headquartered in Mumbai, India, Allana is engaged in the manufacturing and distribution of processed food products and agro-commodities. The company mainly operates through eight business segments: Proteins, Coffee, Rendered Products, FMCG, Fruits and Vegetables, Agri Food Product Division, Pet Food, and Hides. The company offers frozen/chilled meat, processed/frozen fruit and vegetable products, coffee, spices, and cereals. After entering the buffalo meat market in 1969, the company expanded its meat production capacity to 750,000 MT by 2020. For the meat market, the company offers frozen buffalo meat, chilled vacuum-packed buffalo meat, frozen buffalo offal, frozen and chilled lamb carcasses. Allana also exports halal meat to Islamic countries.

    With its subsidiaries and a strong distribution network in more than 85 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

     

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      Plant-based Meat Market - Global Opportunity Analysis and Industry Forecast (2025-2032)

         Published Date: Jan-2025

      Meat Processing Equipment Market - Global Opportunity Analysis and Industry Forecast (2025-2032)

         Published Date: Jan-2025

      Meal Kits Market - Global Opportunity Analysis and Industry Forecast (2025-2032)

         Published Date: Dec-2024

      Vegan Meat Market - Global Opportunity Analysis and Industry Forecast (2025-2032)

         Published Date: Jun-2024

      Lab Grown Meat Market - Global Opportunity Analysis and Industry Forecasts (2025-2035)

         Published Date: Nov-2022

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