Red Meat Market Size, Share & Trends Analysis Report By Type (Beef, Pig, Sheep, Goats), By Distribution Channel (B2B, B2C), By Region, And Segment Forecasts, 2024

The global red meat market size was estimated to reach USD 1,350.2 billion in 2030 and is anticipated to grow at a CAGR of 6.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is driven by various factors, including the growing red meat consumption and rising demand for animal protein.

Advances in animal breeding, genetics, and feeding techniques have improved the quality of red meat, including taste, tenderness, and overall product consistency propelling the demand. Furthermore, the rise of e-commerce and online food platforms has made it easier for consumers to access a wide variety of red meat products and make purchases conveniently.

In the type segment, pig-sourced red meat held a market share of 55.3% in 2023. The factors driving the pork meat market include affordability, taste, versatility in cooking styles, health benefits, and global demand for meat. Pork is often more affordable than other meats, appealing to budget-conscious consumers.

In the product segment, Beef is expected to grow at a CAGR of 5.7% from 2024 to 2030, owing to evolving consumer preferences in taste, and nutrition, as well as rising incomes and the preference for a greater variety of red meat cuts.

Major players in the red meat market include Hormel Foods Corporation; JBS Foods; W.H. Group; Tyson Foods, Inc.; Kraft Heinz Company; Cargill, Incorporated; ConAgra Foods Inc.; BRF SA; OSI Group, LLC; Tonnies Group; SYSCO Corp.; Smithfield Foods Inc; The Scottish Goat Meat Company; Irish Country Meats. Various strategies are adopted by these companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain share of the market.

Red Meat Market Report Highlights:

The market in North America accounted for a revenue share of over 26.6% in 2023, owing to rising beef production & consumption and changing consumer preferences.
Asia Pacific market is anticipated to grow with a CAGR of 6.3% from 2024 to 2030. This can be attributed to increased demand for processed meat in various industries, changing consumer preferences towards red meat, and the influence of rising household incomes on meat consumption.
On the basis of distribution channel, B2B accounted for a revenue share of 71.5% in 2023 due to rising supply chain efficiency, which has facilitated the smooth flow of red meat products from producers to distributors and ultimately to businesses, meeting the increasing demand for red meat in various markets.
B2C is anticipated to witness a CAGR of 6.6% from 2024 to 2030. Convenience is a key driver of the B2C red meat distribution channel. Consumers seek convenience in terms of access to a variety of red meat products, easy shopping experiences, online ordering options, and convenient delivery or pickup methods.

Product Code: GVR-4-68040-262-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Product Outlook
2.3. Type Outlook
2.4. Distribution Channel Outlook
2.5. Competitive Landscape Outlook

Chapter 3. Red Meat Market Variables, Trends & Scope

3.1. Market Introduction
3.2. Industry Value Chain Analysis
- 3.2.1. Manufacturing and Technology Trends
- 3.2.2. Profit Margin Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis - Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Red Meat Market: Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Behavior
4.4. Consumer Service Adoption Trends
4.5. Key Observations & Findings

Chapter 5. Red Meat Market: Type Estimates & Trend Analysis

5.1. Red Meat Market, by Type: Key Takeaways
5.2. Type Movement Analysis & Market Share, 2023 & 2030
5.3. Beef
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4. Pig
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.5. Sheep & Goat
- 5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.6. Others
- 5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 6. Red Meat Market: Distribution Channel Estimates & Trend Analysis

6.1. Red Meat Market, by Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
6.3. B2B
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4. B2C
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.2. Hypermarkets & Supermarkets
  - 6.4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.3. Convenience Stores
  - 6.4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.4. Online
  - 6.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.4.5. Others
  - 6.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 7. Red Meat Market: Regional Estimates & Trend Analysis

7.1. Red Meat Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. U.S.
  - 7.3.2.1. Key country dynamics
  - 7.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Canada
  - 7.3.3.1. Key country dynamics
  - 7.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4. Mexico
  - 7.3.4.1. Key country dynamics
  - 7.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.2. Germany
  - 7.4.2.1. Key country dynamics
  - 7.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.3. Italy
  - 7.4.3.1. Key country dynamics
  - 7.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.4. Belgium
  - 7.4.4.1. Key country dynamics
  - 7.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.5. France
  - 7.4.5.1. Key country dynamics
  - 7.4.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.4.6. Netherlands
  - 7.4.6.1. Key country dynamics
  - 7.4.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.5. Asia Pacific
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.2. China
  - 7.5.2.1. Key country dynamics
  - 7.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.3. Japan
  - 7.5.3.1. Key country dynamics
  - 7.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.4. India
  - 7.5.4.1. Key country dynamics
  - 7.5.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.5.5. Australia & New Zealand
  - 7.5.5.1. Key country dynamics
  - 7.5.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.6. Central & South America
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.6.2. Brazil
  - 7.6.2.1. Key country dynamics
  - 7.6.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
7.7. Middle East & Africa
- 7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.7.2. South Africa
  - 7.7.2.1. Key country dynamics
  - 7.7.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 8. Competitive Analysis

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
- 8.9.1. Hormel Foods Corporation
  - 8.9.1.1. Company Overview
  - 8.9.1.2. Financial Performance
  - 8.9.1.3. Product Portfolios
  - 8.9.1.4. Strategic Initiatives
- 8.9.2. JBS Foods
  - 8.9.2.1. Company Overview
  - 8.9.2.2. Financial Performance
  - 8.9.2.3. Product Portfolios
  - 8.9.2.4. Strategic Initiatives
- 8.9.3. W.H. Group
  - 8.9.3.1. Company Overview
  - 8.9.3.2. Financial Performance
  - 8.9.3.3. Product Portfolios
  - 8.9.3.4. Strategic Initiatives
- 8.9.4. Tyson Foods, Inc.
  - 8.9.4.1. Company Overview
  - 8.9.4.2. Financial Performance
  - 8.9.4.3. Product Portfolios
  - 8.9.4.4. Strategic Initiatives
- 8.9.5. Kraft Heinz Company
  - 8.9.5.1. Company Overview
  - 8.9.5.2. Financial Performance
  - 8.9.5.3. Product Portfolios
  - 8.9.5.4. Strategic Initiatives
- 8.9.6. Cargill, Incorporated
  - 8.9.6.1. Company Overview
  - 8.9.6.2. Financial Performance
  - 8.9.6.3. Product Portfolios
  - 8.9.6.4. Strategic Initiatives
- 8.9.7. ConAgra Foods Inc.
  - 8.9.7.1. Company Overview
  - 8.9.7.2. Financial Performance
  - 8.9.7.3. Product Portfolios
  - 8.9.7.4. Strategic Initiatives
- 8.9.8. BRF SA
  - 8.9.8.1. Company Overview
  - 8.9.8.2. Financial Performance
  - 8.9.8.3. Product Portfolios
  - 8.9.8.4. Strategic Initiatives
- 8.9.9. OSI Group, LLC.
  - 8.9.9.1. Company Overview
  - 8.9.9.2. Financial Performance
  - 8.9.9.3. Product Portfolios
  - 8.9.9.4. Strategic Initiatives
- 8.9.10. Tonnies Group
  - 8.9.10.1. Company Overview
  - 8.9.10.2. Financial Performance
  - 8.9.10.3. Product Portfolios
  - 8.9.10.4. Strategic Initiatives
- 8.9.11. SYSCO Corp.
  - 8.9.11.1. Company Overview
  - 8.9.11.2. Financial Performance
  - 8.9.11.3. Product Portfolios
  - 8.9.11.4. Strategic Initiatives
- 8.9.12. Smithfield Foods Inc
  - 8.9.12.1. Company Overview
  - 8.9.12.2. Financial Performance
  - 8.9.12.3. Product Portfolios
  - 8.9.12.4. Strategic Initiatives
- 8.9.13. The Scottish Goat Meat Company
  - 8.9.13.1. Company Overview
  - 8.9.13.2. Financial Performance
  - 8.9.13.3. Product Portfolios
  - 8.9.13.4. Strategic Initiatives
- 8.9.14. Irish Country Meats
  - 8.9.14.1. Company Overview
  - 8.9.14.2. Financial Performance
  - 8.9.14.3. Product Portfolios
  - 8.9.14.4. Strategic Initiatives

Product Code: GVR-4-68040-262-3

List of Tables

Table 1 Red meat market - Key market driver analysis
Table 2 Red meat market - Key market restraint analysis
Table 3 Red meat market estimates & forecast, by type (USD Million)
Table 4 Red meat market estimates & forecast, by distribution channel (USD Million)
Table 5 North America red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 6 North America red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 7 North America red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 8 U.S. macro-economic outlay
Table 9 U.S. red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 10 U.S. red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 11 U.S. red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 12 Canada macro-economic outlay
Table 13 Canada red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 14 Canada red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 15 Canada red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 16 Mexico macro-economic outlay
Table 17 Mexico red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 18 Mexico red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 19 Mexico red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 20 Europe red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 21 Europe red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 22 Europe red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 23 Germany macro-economic outlay
Table 24 Germany red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 25 Germany red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 26 Germany red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 27 Italy macro-economic outlay
Table 28 Italy red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 29 Italy red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 30 Italy red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 31 Belgium macro-economic outlay
Table 32 Belgium red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 33 Belgium red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 34 Belgium red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 35 France macro-economic outlay
Table 36 France red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 37 France red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 38 France red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 39 Netherlands macro-economic outlay
Table 40 Netherlands red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 41 Netherlands red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 42 Netherlands red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 43 Asia Pacific red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 44 Asia Pacific red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 45 Asia Pacific red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 46 China macro-economic outlay
Table 47 China red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 48 China red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 49 China red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 50 Japan macro-economic outlay
Table 51 Japan red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 52 Japan red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 53 Japan red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 54 India macro-economic outlay
Table 55 India red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 56 India red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 57 India red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 58 Australia macro-economic outlay
Table 59 Australia & New Zealand red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 60 Australia & New Zealand red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 61 Australia & New Zealand red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 62 Central & South America red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 63 Central & South America red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 64 Central & South America red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 65 Brazil macro-economic outlay
Table 66 Brazil red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 67 Brazil red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 68 Brazil red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 69 Middle East & Africa red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 70 Middle East & Africa red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 71 Middle East & Africa red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 72 South Korea macro-economic outlay
Table 73 South Africa red meat market estimates and forecast, 2018 - 2030 (USD Million)
Table 74 South Africa red meat market revenue estimates and forecast by type, 2018 - 2030 (USD Million)
Table 75 South Africa red meat market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 76 Recent developments & impact analysis, by key market participants
Table 77 Company market share, 2023
Table 78 Company heat map analysis
Table 79 Companies undergoing key strategies

List of Figures

Fig. 1 Red meat market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Product snapshot
Fig. 8 Distribution channel snapshot
Fig. 9 Regional snapshot
Fig. 10 Competitive landscape snapshot
Fig. 11 Global food industry and red meat market size (USD Million)
Fig. 12 Red meat market size, 2018 to 2030 (USD Million)
Fig. 13 Red meat market: Penetration & growth prospect mapping
Fig. 14 Red meat market: Value chain analysis
Fig. 15 Red meat market: Profit margin analysis
Fig. 16 Red meat market: Market dynamics
Fig. 17 Red meat market: Porter's five forces analysis
Fig. 18 Factors influencing buying decisions for red meat
Fig. 19 Red meat market, by type: Key Takeaways
Fig. 20 Red meat market: Type movement analysis, 2023 & 2030 (%)
Fig. 21 Beef market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 22 Pig market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 23 Sheep & Goat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 24 Other red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 25 Red meat market, by distribution channel: Key Takeaways
Fig. 26 Red meat market: Distribution channel movement analysis, 2023 & 2030 (%)
Fig. 27 Red meat market estimates and forecast through B2B, 2018 - 2030 (USD Million)
Fig. 28 Red meat market estimates and forecast through B2C, 2018 - 2030 (USD Million)
Fig. 29 Red meat market estimates and forecast through hypermarkets & supermarkets, 2018 - 2030 (USD Million)
Fig. 30 Red meat market estimates and forecast through convenience stores, 2018 - 2030 (USD Million)
Fig. 31 Red meat market estimates and forecast through online, 2018 - 2030 (USD Million)
Fig. 32 Red meat market estimates and forecast through other retail channels, 2018 - 2030 (USD Million)
Fig. 33 Red meat market: Regional outlook, 2023 & 2030 (USD Million)
Fig. 34 Regional marketplace: Key takeaways
Fig. 35 North America red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 36 US red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 37 Canada red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 38 Mexico red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 39 Europe red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 40 Germany red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 41 Italy red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 42 Belgium red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 43 France red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 44 Netherlands red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 45 Asia Pacific red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 46 China red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 47 Japan red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 48 India red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 49 Australia & New Zealand red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 50 Central & South America red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 51 Brazil red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 52 Middle East & Africa red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 53 South Africa red meat market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 54 Key company categorization
Fig. 55 Company market share analysis, 2023
Fig. 56 Strategic framework of red meat market

Red Meat Market Size, Share & Trends Analysis Report By Type (Beef, Pig, Sheep, Goats), By Distribution Channel (B2B, B2C), By Region, And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

Red Meat Market Growth & Trends:

Red Meat Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Red Meat Market Variables, Trends & Scope

Chapter 4. Red Meat Market: Consumer Behavior Analysis

Chapter 5. Red Meat Market: Type Estimates & Trend Analysis

Chapter 6. Red Meat Market: Distribution Channel Estimates & Trend Analysis

Chapter 7. Red Meat Market: Regional Estimates & Trend Analysis

Chapter 8. Competitive Analysis

List of Tables

List of Figures