Market Overview:
The global meat meal market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for meat meal as an animal feed additive and its growing application in the food processing industry. In terms of type, chicken meal is expected to dominate the market during the forecast period owing to its high nutritional value and rising demand from households and catering service industries. Geographically, North America is projected to lead the global meat meal market during 2018-2030, followed by Europe and Asia Pacific.
Product Definition:
Meat meal is a dried and ground product, made from the clean, boneless meat of animals that have been slaughtered. It can be used as an ingredient in pet food or livestock feed. Meat meal is a high-quality protein source that is rich in essential amino acids.
Chicken Meal:
The global chicken meal market size was valued at USD 4.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for poultry-based food products on account of rising awareness regarding protein rich benefits is expected to drive growth over the coming years.
Chicken meal consists of 70% protein, which is easily digestible than other meat products such as beef.
Pork Meal:
Pork meal is a by-product obtained from processing of pork and it consists of proteins, vitamins, minerals and fibers. It has high protein content which makes it an important ingredient in the formulation of meat meals. Meat meal is used as feed for poultry, cattle and other farm animals to increase their weight gain per unit area as well as per volume consumed.
Application Insights:
The household application segment led the global meat meal market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rising disposable income, changing lifestyle, increasing consumer awareness regarding health & wellness are some of the key factors driving demand for meat meals in this segment.
Household consumers prefer products that offer nutritional value along with improved taste and texture; these attributes are expected to further propel product demand in this segment over the coming years.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high consumption of meat meal as a nutritional supplement for pets and livestock, coupled with increasing demand from food processing industry. In addition, rising awareness regarding animal feed additives among farmers has resulted in increased product demand across this region.
Asia Pacific is anticipated to witness significant growth over the coming years owing to increasing population and rising disposable income levels in emerging economies such as China and India, which are likely to boost pet adoption rates across these countries.
Growth Factors:
- Increasing demand for meat meal as a protein source in animal feed
- Growing awareness about the benefits of meat meal over other protein sources
- Rising demand for processed meat products
- Growing popularity of organic and natural foods
- Technological advancements in the production of meat meal
Scope Of The Report
Report Attributes
Report Details
Report Title
Meat Meal Market Research Report
By Type
Chicken Meal, Pork Meal, Beef Meal, Others
By Application
Household, Catering Service Industry, Food Processing, Animal Feed Additive, Others
By Companies
Campbell Soup Company, McCormick, Unilever, Bevenovo, Shah Bone Industries, Sonac, FASA Group, SRC Milling, Carnad, Eliteflavor, Campbell Soup Company, Huahai Biological
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Meat Meal Market Report Segments:
The global Meat Meal market is segmented on the basis of:
Types
Chicken Meal, Pork Meal, Beef Meal, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Catering Service Industry, Food Processing, Animal Feed Additive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Campbell Soup Company
- McCormick
- Unilever
- Bevenovo
- Shah Bone Industries
- Sonac
- FASA Group
- SRC Milling
- Carnad
- Eliteflavor
- Campbell Soup Company
- Huahai Biological
Highlights of The Meat Meal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chicken Meal
- Pork Meal
- Beef Meal
- Others
- By Application:
- Household
- Catering Service Industry
- Food Processing
- Animal Feed Additive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Meat Meal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Meat meal is a by-product of the slaughtering process that consists of ground meat, bone, and other tissues.
Some of the key players operating in the meat meal market are Campbell Soup Company, McCormick, Unilever, Bevenovo, Shah Bone Industries, Sonac, FASA Group, SRC Milling, Carnad, Eliteflavor, Campbell Soup Company, Huahai Biological.
The meat meal market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Meat Meal Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Meat Meal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Meat Meal Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Meat Meal Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Meat Meal Market Size & Forecast, 2018-2028
4.5.1 Meat Meal Market Size and Y-o-Y Growth
4.5.2 Meat Meal Market Absolute $ Opportunity
Chapter 5 Global Meat Meal Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Meat Meal Market Size Forecast by Type
5.2.1 Chicken Meal
5.2.2 Pork Meal
5.2.3 Beef Meal
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Meat Meal Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Meat Meal Market Size Forecast by Applications
6.2.1 Household
6.2.2 Catering Service Industry
6.2.3 Food Processing
6.2.4 Animal Feed Additive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Meat Meal Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Meat Meal Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Meat Meal Analysis and Forecast
9.1 Introduction
9.2 North America Meat Meal Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Meat Meal Market Size Forecast by Type
9.6.1 Chicken Meal
9.6.2 Pork Meal
9.6.3 Beef Meal
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Meat Meal Market Size Forecast by Applications
9.10.1 Household
9.10.2 Catering Service Industry
9.10.3 Food Processing
9.10.4 Animal Feed Additive
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Meat Meal Analysis and Forecast
10.1 Introduction
10.2 Europe Meat Meal Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Meat Meal Market Size Forecast by Type
10.6.1 Chicken Meal
10.6.2 Pork Meal
10.6.3 Beef Meal
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Meat Meal Market Size Forecast by Applications
10.10.1 Household
10.10.2 Catering Service Industry
10.10.3 Food Processing
10.10.4 Animal Feed Additive
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Meat Meal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Meat Meal Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Meat Meal Market Size Forecast by Type
11.6.1 Chicken Meal
11.6.2 Pork Meal
11.6.3 Beef Meal
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Meat Meal Market Size Forecast by Applications
11.10.1 Household
11.10.2 Catering Service Industry
11.10.3 Food Processing
11.10.4 Animal Feed Additive
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Meat Meal Analysis and Forecast
12.1 Introduction
12.2 Latin America Meat Meal Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Meat Meal Market Size Forecast by Type
12.6.1 Chicken Meal
12.6.2 Pork Meal
12.6.3 Beef Meal
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Meat Meal Market Size Forecast by Applications
12.10.1 Household
12.10.2 Catering Service Industry
12.10.3 Food Processing
12.10.4 Animal Feed Additive
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Meat Meal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Meat Meal Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Meat Meal Market Size Forecast by Type
13.6.1 Chicken Meal
13.6.2 Pork Meal
13.6.3 Beef Meal
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Meat Meal Market Size Forecast by Applications
13.10.1 Household
13.10.2 Catering Service Industry
13.10.3 Food Processing
13.10.4 Animal Feed Additive
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Meat Meal Market: Competitive Dashboard
14.2 Global Meat Meal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Campbell Soup Company
14.3.2 McCormick
14.3.3 Unilever
14.3.4 Bevenovo
14.3.5 Shah Bone Industries
14.3.6 Sonac
14.3.7 FASA Group
14.3.8 SRC Milling
14.3.9 Carnad
14.3.10 Eliteflavor
14.3.11 Campbell Soup Company
14.3.12 Huahai Biological
