Market Overview:
The global meatball market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global meatball market can be attributed to factors such as rising disposable income, changing food habits, and increasing demand for convenience foods. In terms of type, the beef segment is expected to lead the global meatball market during the forecast period owing to its high demand in developed countries. However, pork is projected to be the fastest-growing type segment during the forecast period due to its growing popularity in developing countries. In terms of application, online segment is projected to lead the global meatball market duringthe forecast period owingtoits high adoption rates across various regions.
Product Definition:
Meatballs are small balls of minced or ground meat, typically pork or beef. They are often cooked in sauce and served with pasta, rice, or vegetables. Meatballs can also be eaten on their own as an appetizer or snack.
Beef:
Beef is one of the most consumed meat in the world. It has been a part of many cultures and traditions. The use of beef in different cuisines is an old practice which continues to this day. Beef has been used for centuries as it is a rich source of protein, vitamins and minerals like iron, calcium & magnesium along with other nutrients that help in maintaining health & wellbeing.
Pork:
Pork is the culinary name for meat obtained from the domestic pig. It is one of the most commonly consumed meat around the world, with an average consumption of over 30 kg per person annually. The demand for pork has been growing at a steady pace on account of its increasing availability and affordability in various cuisines across different regions.
Application Insights:
The online segment accounted for more than 50.0% share of the global meatball market in 2017 and is expected to continue its dominance over the forecast period. The growing e-commerce industry has led to an increased demand for ready-to-cook food products, including meatballs, which have contributed significantly to the growth of this segment.
The rising popularity of home delivery services and increasing spending power of consumers are likely to be some other key factors driving this segment over the forecast period. Furthermore, supermarkets are also increasingly stocking a wider range of ready-to-eat foods including meatballs as they understand that a customer looking for convenience will probably opt for such options while buying food items from grocery stores these days.
Supermarkets accounted for more than 40% share in 2017 owing to their wide product availability across all regions.
Regional Analysis:
North America accounted for the largest share of more than 35.0% in 2017. The U.S., being a major meat producer, is expected to dominate the regional market over the forecast period.
Europe was valued at USD X million in 2017 and is anticipated to witness significant growth during the forecast years on account of growing popularity of Italian food among consumers from Italy.
The MEA market was valued at USD X million in 2017 owing to high consumption levels coupled with presence of key players operating within this region including Nestl© S . A .
Growth Factors:
- Increasing demand for meatballs from the young population as they are considered a healthy and convenient food option.
- Rising disposable income of the consumers that is encouraging them to spend more on premium meatball products.
- Growing trend of eating out at restaurants that offer meatball dishes as part of their menu items.
- Proliferation of social media platforms and food bloggers who are promoting Meatballs as a trendy dish to prepare at home. 5) Innovative product offerings by the manufacturers in terms of flavors, ingredients, and packaging that is attracting new consumers to try out this product category
Scope Of The Report
Report Attributes
Report Details
Report Title
Meatball Market Research Report
By Type
Beef, Pork, Seafood, Lamb, Other
By Application
Online, Supermarket, Other
By Companies
Hengdu Agricultural Group, Chia Tai, Fujian Anjing Food Co., Ltd., Seamaster (Shantou) Food Co., Ltd., Haixin Food Co., Ltd., Shanghai Meilin Zhengguanghe Co., Ltd., Shanghai World Food Co., Ltd., Great Manor Industrial Group, Xiongfeng Food, Guangdong Xidejia Food Co., Ltd., Jilin Changchun Haoyue Halal Meat Co., Ltd., Lao De Tou Food, Xiwang Group, Shantou Chaoting Food Co., Ltd.
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Meatball Market Report Segments:
The global Meatball market is segmented on the basis of:
Types
Beef, Pork, Seafood, Lamb, Other
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
Online, Supermarket, Other
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:
- Hengdu Agricultural Group
- Chia Tai
- Fujian Anjing Food Co., Ltd.
- Seamaster (Shantou) Food Co., Ltd.
- Haixin Food Co., Ltd.
- Shanghai Meilin Zhengguanghe Co., Ltd.
- Shanghai World Food Co., Ltd.
- Great Manor Industrial Group
- Xiongfeng Food
- Guangdong Xidejia Food Co., Ltd.
- Jilin Changchun Haoyue Halal Meat Co., Ltd.
- Lao De Tou Food
- Xiwang Group
- Shantou Chaoting Food Co., Ltd.
Highlights of The Meatball 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:
- Beef
- Pork
- Seafood
- Lamb
- Other
- By Application:
- Online
- Supermarket
- Other
- 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 Meatball 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Meatball is a type of food that is made from ground meat and breadcrumbs.
Some of the key players operating in the meatball market are Hengdu Agricultural Group, Chia Tai, Fujian Anjing Food Co., Ltd., Seamaster (Shantou) Food Co., Ltd., Haixin Food Co., Ltd., Shanghai Meilin Zhengguanghe Co., Ltd., Shanghai World Food Co., Ltd., Great Manor Industrial Group, Xiongfeng Food, Guangdong Xidejia Food Co., Ltd., Jilin Changchun Haoyue Halal Meat Co., Ltd., Lao De Tou Food, Xiwang Group, Shantou Chaoting Food Co., Ltd..
The meatball 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 Meatball 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 Meatball Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Meatball 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 Meatball 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 Meatball Market Size & Forecast, 2020-2028
4.5.1 Meatball Market Size and Y-o-Y Growth
4.5.2 Meatball Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Beef
5.2.2 Pork
5.2.3 Seafood
5.2.4 Lamb
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Online
6.2.2 Supermarket
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Meatball 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 Meatball 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Beef
9.6.2 Pork
9.6.3 Seafood
9.6.4 Lamb
9.6.5 Other
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 Market Size Forecast by Applications
9.10.1 Online
9.10.2 Supermarket
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Beef
10.6.2 Pork
10.6.3 Seafood
10.6.4 Lamb
10.6.5 Other
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 Market Size Forecast by Applications
10.10.1 Online
10.10.2 Supermarket
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Beef
11.6.2 Pork
11.6.3 Seafood
11.6.4 Lamb
11.6.5 Other
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 Market Size Forecast by Applications
11.10.1 Online
11.10.2 Supermarket
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Beef
12.6.2 Pork
12.6.3 Seafood
12.6.4 Lamb
12.6.5 Other
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 Market Size Forecast by Applications
12.10.1 Online
12.10.2 Supermarket
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Beef
13.6.2 Pork
13.6.3 Seafood
13.6.4 Lamb
13.6.5 Other
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) Market Size Forecast by Applications
13.10.1 Online
13.10.2 Supermarket
13.10.3 Other
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 Meatball Market: Competitive Dashboard
14.2 Global Meatball Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hengdu Agricultural Group
14.3.2 Chia Tai
14.3.3 Fujian Anjing Food Co., Ltd.
14.3.4 Seamaster (Shantou) Food Co., Ltd.
14.3.5 Haixin Food Co., Ltd.
14.3.6 Shanghai Meilin Zhengguanghe Co., Ltd.
14.3.7 Shanghai World Food Co., Ltd.
14.3.8 Great Manor Industrial Group
14.3.9 Xiongfeng Food
14.3.10 Guangdong Xidejia Food Co., Ltd.
14.3.11 Jilin Changchun Haoyue Halal Meat Co., Ltd.
14.3.12 Lao De Tou Food
14.3.13 Xiwang Group
14.3.14 Shantou Chaoting Food Co., Ltd.
