PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381809
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381809
Global Edible Offal Market is valued at approximately USD 41.53 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.3% over the forecast period 2023-2030. Edible offal, often referred to as "organ meats," includes various parts of animals that are consumed as food. These parts caninclude the liver, heart, kidneys, tongue, tripe (stomach lining), and more. Edible offal has been consumed in various cultures and cuisines around the world and is known for being a source of valuable nutrients. The market for edible offal is expanding because of its excellent nutritional content and lower price compared to other meat cuts. Prime pieces of beef are more expensive than edible offal. Because of its affordability, it is a desirable choice for customers looking for affordable protein sources. Edible offal offers a cost-effective option without sacrificing nutritional content in an environment where meat costs and economic conditions are constantly changing. Comparing edible offals to other types of lean muscle meat, it can be shown that they have a higher nutrient density and include more iron and vitamin B12.
Additionally, the food industry is constantly looking for new and inventive ways to add edible offal to processed food items. Offal can be a component of meatballs, sausages, pates, and other prepared meats. The Growing Food and Beverage Industry drives the market growth. As With USD 166.02 billion in exports to countries outside the EU and a trade surplus of USD 77.69 billion , the EU is the world's top exporter of food and drink items. However, regulations regarding food safety and animal health stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Edible Offal Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In 2022, the Asia Pacific region commanded a dominant revenue share. The demand for a variety of food products, including offal, has expanded as a result of the growing population, rising affluence, and urbanization. Retailers and suppliers have the opportunity to meet the growing demand for offal in the area thanks to this developing market. Additionally, the edible offal market in the Asia Pacific is the fastest growing region throughout the projection period. The demand for edible offal in the country is being boosted by favourable government measures as well as increased consumer demand for animal byproducts obtained sustainably.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
List of tables and figures are dummy in nature, final lists may vary in the final deliverable