Provides an overview of current meat scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East and Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
The global meat sector is expected to register a compound annual growth rate (CAGR) of 2.3% over 2024-29, to reach $1,128.9 billion in 2029. Asia-Pacific was the largest regional market, with value sales at $408.1 billion in 2024. Over the forecast period, the Asia-Pacific meat sector is expected to register a volume CAGR of 2.5%, to reach $461 billion in 2029.
The growing consumer emphasis on healthier meat products is stimulating the demand for leaner meats and products with added nutritional benefits in the sector. There is a rising focus on sustainable farming practices, with producers adopting measures to reduce carbon footprints and improve animal welfare, responding to consumer demand for ethically sourced products.. As a result, manufacturers are formulating products with such aspects to improve their shares.
Scope
This report brings together multiple data sources to provide a comprehensive overview of the global meat sector, analyzing data from 108 countries. It includes analysis on the following -
- Global snapshot: Includes executive summary, current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The section also touches on the key growth enablers and inhibitors for the meat sector.
- Sector snapshot: The analysis provides a global overview, along with regional and category-level data and analysis. It also includes regional overview across five regions-Americas, Asia-Pacific, Eastern Europe, Middle East and Africa, and Western Europe-highlighting sector size and evolution, value and volume shares by category, and growth drivers for each region.
- Consumer trends: Provides an overview of evolving consumer trends, supported by GlobalData's in-house consumer surveys, and product examples.
- Country deep-dive: Provides risk-reward analysis of the top high-potential countries in each region based on market assessment, economic development, governance indicators, sociodemographic factors, and technological infrastructure. Provides a deep-dive analysis of 10 high-potential countries covering value growth during 2024-29, consumer demographics, and key trends. It also includes regional analysis covering the outlook for each region.
- Competitive environment and brand shares: Provides an overview of the leading companies and brands at global and regional levels. Market shares of brands and private labels in each region are also detailed.
- Distribution overview: Provides an analysis of the leading distribution channels in the global meat sector in 2024. It covers modern retail, traditional retail, cash & carries & warehouse clubs, specialist retail, direct, and other distribution channels.
- Packaging analysis*: The report provides percentage share (in 2024) and growth analysis (during 2024-29) for various pack materials, pack types, closures, and primary outer types based on volume sales of meat.
- Select industry metrics: The section provides topline statistics and analysis for different alternate datasets, such as patent filings, job analytics, and deals in 2024.
Reasons to Buy
- Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates