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Meat Market, By Product (Chilled Raw Packaged Meat-Whole Cuts, Fresh Meat (Counter), Chilled Raw Packaged Meat-Processed, Frozen Meat, Cooked Meats-Packaged, Cooked Meats-Counter), By Distribution Channel and Geography (NA, EU, APAC, and RoW)-Analysis, Share, Trends, Size, & Forecast From 2014-2025

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WMR-Western Market Research has recently published a comprehensive and exclusive research report, which is an intelligent study covering all key segments. This research report provides breakthrough inputs and insights on market related factors like size, competition, trends, analysis, forecasts etc. The study encompasses primary and secondary data sources along with quantitative and qualitative practices thus assuring data accuracy.
REPORT HIGHLIGHT
The meat market is estimated to represent a global market of USD 903.8 billion by 2017 with growth rate of 2.3%.

Market Taxonomy

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The meat market covers market estimation of chilled raw packaged processed meat, ambient meat, chilled raw packaged whole cut meat, cooked counter meats, cooked packaged meats, fresh counter meat, and frozen meat products.

Product Takeaway

In terms of products, the industry is categorized as Chilled Raw Packaged Meat-Whole Cuts, Fresh Meat (Counter), Chilled Raw Packaged Meat-Processed, Frozen Meat, Cooked Meats-Packaged, Cooked Meats-Counter, and others. Among which, fresh meat counter accounted for the highest share of the overall market, captured more than 40% share in 2017. The demand for fresh meat is uplifting in developed as well as developing regions.

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Nowadays, consumers pay more attention to the information such as the origin as well as processing of the meat and prefer to buy high welfare meat. Such factors are expected to drive the growth of fresh meat counter in foreseeable future. Also, chilled raw packaged whole cuts meat recorded around USD 161.2 billion in 2017 and is anticipated grow with a strong growth rate over the forecast period.

Distribution Channel Takeaway

The distribution channel is categorized as Hypermarkets, Convenience Stores, Warehouse Clubs, and others. Larger retailers, such as hypermarkets can make bulk purchases and negotiate on price with manufacturers which would, in turn, provide a strong platform for hypermarket distribution channel growth. Hypermarkets are unlikely to be swayed by brand loyalty, but they will have to stock brands preferred by consumers in order to remain competitive.

Regional Takeaway

Geographically, developed regions such as North America and Europe posted respective CAGR of 18.2% and 24.6% to an approximate value of 219.6 billion and 302.8 billion respectively. The growth of these regions is mainly attributed to the rising meat demand coupled with increasing number of distribution channels. Asia Pacific region is likely to be the fasted growing segment owing to the large consumer base coupled with growing

Key Vendor Takeaway

The worldwide meat industry is highly fragmented in nature, with around four to five leading competitors accounting for approximately 5.0% of the markets value. WH Group Limited and Tyson Foods, Inc., being a global player, do not have enough market share to completely dominate. WH Group offers meat products, and meat processing services, which it offers through Shuanghui Development and Smithfield Foods (subsidiary firm).

Shuanghui offers a wide range of retorted and pasteurized packaged meat products and chilled and fresh pork. Other companies such as Tyson Foods, Inc., Itoham Foods Inc., and BRF S.A. are profiled with attributes such as company overview, financial highlights, and key developments.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year-2014 & 2016
Base Year-2017
Estimated Year-2018
Projected Year-2025
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies and Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

Chilled Raw Packaged Meat-Whole Cuts
Fresh Meat (Counter)
Chilled Raw Packaged Meat-Processed
Frozen Meat
Cooked Meats-Packaged
Cooked Meats-Counter
Others
MARKET, BY DISTRIBUTION CHANNEL

Hypermarkets
Convenience Stores
Warehouse Clubs
Others
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America

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