Lucintel Blog: Meat Market is anticipated to grow at a CAGR of 1.8% during 2021-2026

Tuesday, October 5, 2021

Meat Market is anticipated to grow at a CAGR of 1.8% during 2021-2026

The global meat market is projected to reach $1,995.1 billion by 2026, at a CAGR of 1.8% during 2021-2026. The growth of meat market is driven by increasing poultry meat consumption, demand for protein based food products, and increasing demand for processed meat.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the meat market by livestock (poultry, pork, beef and sheep), meat type (fresh and processed meat), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the meat market?

Q.4 What are some changing demands of customers in the meat market?

Q.5 What are the new developments in the meat market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this meat area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this meat market?

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for organic meat and focus on antibiotic free meat.

Download Brochure of this report by clicking on https://www.lucintel.com/meat-market.aspx

Market Segmentation:

Based on meat type, the meat market is segmented into fresh and processed meat. The processed meat segment is accounted for the largest share of the market in 2020 due to increasing demand for convenient food products among consumers with longer shelf life.

Asia Pacific is expected to be the largest region over the forecast period due to rising population growth in per capita income and increasing meat consumption, particularly in China and India.

Key Players in the meat market are WH Group, Hormel Foods, JBS, BRF Global, Tyson Foods, Cargill Inc, Itoham Foods Inc and NH Foods.

Request Sample Pages by clicking on https://www.lucintel.com/meat-market.aspx

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/meat-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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