PUBLISHER: MarketLine | PRODUCT CODE: 1930570
PUBLISHER: MarketLine | PRODUCT CODE: 1930570
Global Meat industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The meat market includes retail sales of fresh meat (counter), chilled raw packaged meat - whole cuts, frozen meat, chilled raw packaged meat - processed, ambient meat, cooked meats - packaged, and other. The scope of others includes cooked meats - counter.
By distribution channel, the market is segmented into food & drinks specialists, supermarkets, independent stores, hypermarkets, and others. The scope of others includes e-commerce, convenience stores, discounters, etc.
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global meat market recorded revenues of $977,156.5 million in 2024, representing a compound annual growth rate (CAGR) of 1.8% between 2019-24.
Market consumption volume increased with a CAGR of 1.3% between 2019-24, reaching a total of 116,867.8 million kilograms in 2024.
The global meat market experienced slow growth during 2019-24, as younger consumers become increasingly aware of the potential health risks associated with meat consumption, there is a growing shift toward adopting vegan lifestyles.