Global Antibiotic-Free Meat Market - 2023-2030

Market Overview

The Global Antibiotic-Free Meat Market reached US$ 134.3 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 292 billion by 2030. The market is expected to exhibit a CAGR of 10.2% during the forecast period 2023-2030.

Antibiotic usage in animals has been authorized by the FDA. Over the past few years, this usage of antibiotics has steadily increased, leading to the development of germs that are resistant to them in animals. In the US, around 80% of antibiotics are only used on animals, according to an FDA assessment. Responsible use of antibiotics is necessary by farmers to hasten the growth of their livestock. Antimicrobial resistance is needed to prevent disease in animals kept in unhygienic circumstances.

Antimicrobial resistance is preferred by farmers to their livestock, which also causes the emergence of antibiotic-resistant microorganisms. Antibiotic effectiveness in humans is lowered by drug-resistant microorganisms. The antibiotic-free meat market demand is a result of consumers' increased awareness of antibiotic residue free drugs and antibiotic-free production by the animals raised without antibiotics (RSW).

Market Dynamics

Increasing Health Consciousness among Consumers is Driving the Market Growth.

The main driver of the expansion of meat without antibiotics is the growing consumer knowledge of the negative consequences of food containing synthetic chemicals. When people eat the conventional meat from those animals, the chemicals and pesticides used to produce the animals cause fatal illnesses including cancer in humans.

As the customers favour antibiotic-free meat as a superior alternative to conventional beef products. Due to its expensive production processes and agricultural methods, meat produced without the use of antibiotics costs approximately twice as much as meat produced with them. The expansion of antibiotic-free meat market in developing nations has gained momentum owing to the rise in purchasing power brought on by the rise in disposable income.

Increasing R&D Activities by the Key Players in the Market is Driving the Antibiotic-Free Meat Market.

The important development in the market for antibiotic-free beef is new research and development initiatives. To diversify their product offerings, major businesses that compete in the antibiotic-free market are constantly advancing technology and business practises and adopting alternative disease prevention measures by conducting vaccination programs.

For instance, the U.S. restaurant company and cheesecake distributor The Cheesecake Factory will start using "No Antibiotics Ever" meat on beef and pig in June 2022. Additionally, in June 2021, Wendy's, an American holding company for the big fast food chain, changed its antibiotic usage policy, pledging to stop regularly using medically necessary antibiotics in its supply chains for beef, pork, and poultry in the U.S. and Canada by 2030.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it with pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global antibiotic-free meat market is segmented based on product type, form, distribution channel, end-user, and region.

In the Global Market of Antibiotic-Free Meat, the Fresh Meat Segment Holds the Largest Market Share.

The global antibiotic-free meat market has been segmented by form into fresh antibiotic-free meat, processed antibiotic-free meat. The fresh antibiotic-free meat segment held the largest antibiotic-free meat market share of 52.3% in 2022 in the antibiotic-free meat market analysis report.

The antibiotic-free meat market demand over the past several years has been accelerated by the rising production and consumption of fresh meat products in developed and developing nations. Global meat consumption has climbed by 58% over the past 20 years, according to a research by the Organisation for Economic Co-operation and Development, as a result of population expansion and rising disposable income in developing nations.

In addition, it is anticipated that throughout the course of the forecast period, rising consumer demand for prebiotics in animal production, probiotics in animal production, and wholesome food products is estimated to drive the market expansion. Antibiotic-free meat market trends includes the growing global urbanization and cold chain growth, along with the rising consumption of fresh meat due to its many health benefits.

Geographical Analysis

The Asia-Pacific Held the Largest Share in Antibiotic-Free Meat Market.

The global antibiotic-free meat market is segmented into five parts of the world based on geography: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The Asia-Pacific antibiotic-free meat market held the largest market share of 42.6% in 2022 in the antibiotic-free meat market analysis.

The growth in the region is obtained as a result of increased urbanization, westernization, the growth and expansion of the organic meat products business, changing lifestyles, and more personal disposable income. Rising farmer's knowledge of the withdrawl periods for antibiotics and health advantages of meat products devoid of antibiotics will open up profitable and rewarding market expansion prospects.

In 2019, the Indian government recommended banning the antibiotic "colistin," which is often used in the country's livestock and poultry industries. To address the problem of anti-microbial resistance, the regulatory action was taken to ensure the cautious use of anti-microbial agents in people and animals. Thus, it is anticipated that over the forecast period, the market for antibiotic-free meat in the region will increase as a result of rising concerns about food safety and the ensuing demand for high-quality meat.

Competitive Landscape

The major global players in the market include: Cargill Inc., Tyson Foods, Inc., JBS S.A., Hormel Foods Corporation, American Foods Group, LLC, Koch Foods, Inc., Smithfield Foods, Inc., National Beef Packing Company, LLC, Perdue Farms Inc., and Allanasons Private Ltd.

Global Recession/Ukraine-Russia War/COVID-19, and Artificial Intelligence Impact Analysis:

COVID-19 Impact:

The unprecedented COVID-19 pandemic in 2020 had a profound effect on the antibiotic-free industry. COVID-19 has had a considerable impact on the phases of the global meat supply chain that involve meat production, processing, distribution, and consumption as a result of lockdowns and restrictions imposed by various governments.

Additionally, meat processing and packaging facilities have been impacted by physical separation regulations and a labor shortage. Distribution of meat was greatly impacted by the transportation laws that were prohibited because of lockdowns. The distribution of meat and the supply chain were also impacted by the production of meat being limited.

Why Purchase the Report?

• To visualize the global antibiotic-free meat market segmentation based on product type, form, distribution channel, end-user, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of antibiotic-free meat market-level with all segments.
• The PDF report consists of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The global antibiotic-free meat market report would provide approximately 93 tables, 109 figures and 190 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies