Market Overview:
The global mutton market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global mutton market can be attributed to the increasing demand for mutton meat from hotel catering and industrial applications, and also rising demand for home-cooked meals that include mutton meat. In terms of type, goat meat is expected to account for a larger share of the global mutton market than sheep meat during the forecast period. Regionally, North America is projected to be the largest market for mutton during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Mutton is the meat of a sheep that is at least one year old. It is used as food, and has a high protein content.
Goat Meat:
Goat meat is one of the most preferred meat types in many countries including India, China, and Brazil. Goat or kid meat is a form of beef that has been consumed by humans for thousands of years.
Sheep Meat:
Sheep meat is one of the most common types of red meats. It is a by-product obtained from the slaughtering process of sheep and goats. The sheep are identified by their fleece which has many uses in different parts of the world. In some countries, it is used for clothing material, in others it serves as an important source for income generation due to its usage as a food product or even an export commodity.
Application Insights:
Hotel catering accounted for a revenue share of more than 70% in 2017. Industrial mutton is preferred by hotels and restaurants as it is economical and provides superior taste when compared to lamb or goat meat. The mutton produced from domestic animals raised in the farms around the city tastes better as well, which helps consumers choose between various products sold at their nearest grocery stores or markets.
The home use segment is expected to expand at a CAGR of XX% over the forecast period owing to rising disposable income among consumers across developing countries such as China, India and Brazil who prefer cooking with exotic ingredients like lamb chops.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large population of Muslims, who consume mutton on a regular basis. Furthermore, increasing disposable income levels coupled with rising demand for meat products among consumers from China and India is expected to drive the regional market growth over the forecast period.
North America accounted for more than 10% of global revenue share in 2017 owing to high consumption by U.S.-basedMuslims as well as Canadian-based Arabs due to their cultural significance and taste similarity with beef steak or lamb chops; however, at times they are substituted by pork cuts such as ham or bacon which will have an adverse impact on overall industry growth.
The Middle East & Africa region is projected to witness significant growth during the forecast years owing to increasing per capita income levels along with growing food preferences among consumers especially in South Africa.
Growth Factors:
- Increasing demand for mutton from the developing countries as a result of changing dietary habits and rising disposable incomes.
- Growing popularity of mutton as a healthy meat option, especially among the health-conscious consumers.
- Rising demand for organic and grass-fed mutton due to its perceived health benefits over conventionally raised meat products.
- Proliferation of ethnic cuisines that feature mutton dishes, resulting in an increase in its demand from restaurants and hotels catering to these cuisines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mutton Market Research Report
By Type
Goat Meat, Sheep Meat
By Application
Hotel Catering Industrial, Home Use
By Companies
JBS, Alliance Group, Silver Fern Farms, Irish Country Meats, Kildare Chilling, Marfrig, Wammco, Gansu Zhongtian Sheep Industry Co Ltd, Mengdu Sheep, Eerdun, Xin Jiang TianShan Animal Husbandry Bio-engineering 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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Mutton Market Report Segments:
The global Mutton market is segmented on the basis of:
Types
Goat Meat, Sheep Meat
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
Hotel Catering Industrial, Home Use
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:
- JBS
- Alliance Group
- Silver Fern Farms
- Irish Country Meats
- Kildare Chilling
- Marfrig
- Wammco
- Gansu Zhongtian Sheep Industry Co Ltd
- Mengdu Sheep
- Eerdun
- Xin Jiang TianShan Animal Husbandry Bio-engineering CO.LTD
Highlights of The Mutton 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:
- Goat Meat
- Sheep Meat
- By Application:
- Hotel Catering Industrial
- Home Use
- 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 Mutton 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Mutton is a meat product that comes from the flesh of a sheep.
Some of the major companies in the mutton market are JBS, Alliance Group, Silver Fern Farms, Irish Country Meats, Kildare Chilling, Marfrig, Wammco, Gansu Zhongtian Sheep Industry Co Ltd, Mengdu Sheep, Eerdun, Xin Jiang TianShan Animal Husbandry Bio-engineering CO.LTD.
The mutton market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mutton 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 Mutton Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mutton 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 Mutton 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 Mutton Market Size & Forecast, 2020-2028
4.5.1 Mutton Market Size and Y-o-Y Growth
4.5.2 Mutton 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 Goat Meat
5.2.2 Sheep Meat
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 Hotel Catering Industrial
6.2.2 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mutton 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 Mutton 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 Goat Meat
9.6.2 Sheep Meat
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 Hotel Catering Industrial
9.10.2 Home Use
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 Goat Meat
10.6.2 Sheep Meat
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 Hotel Catering Industrial
10.10.2 Home Use
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 Goat Meat
11.6.2 Sheep Meat
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 Hotel Catering Industrial
11.10.2 Home Use
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 Goat Meat
12.6.2 Sheep Meat
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 Hotel Catering Industrial
12.10.2 Home Use
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 Goat Meat
13.6.2 Sheep Meat
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 Hotel Catering Industrial
13.10.2 Home Use
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 Mutton Market: Competitive Dashboard
14.2 Global Mutton Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JBS
14.3.2 Alliance Group
14.3.3 Silver Fern Farms
14.3.4 Irish Country Meats
14.3.5 Kildare Chilling
14.3.6 Marfrig
14.3.7 Wammco
14.3.8 Gansu Zhongtian Sheep Industry Co Ltd
14.3.9 Mengdu Sheep
14.3.10 Eerdun
14.3.11 Xin Jiang TianShan Animal Husbandry Bio-engineering CO.LTD
