Market Overview:
The global meat, poultry and seafood market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for meat, poultry and seafood products due to their nutritional benefits. In addition, the growing population and rising income levels are also contributing to the growth of this market. The global meat, poultry and seafood market can be segmented on the basis of type into meat, poultry and seafood. On the basis of application, this market can be segmented into foodservice industry, processing industry and other applications. The foodservice industry is expected to account for a major share of the global meat, poultry and seafood market during the forecast period owing to rising demand from consumers for these products in restaurants and hotels across regions.
Product Definition:
Meat, poultry and seafood are all animal-based proteins that provide important nutrients for human health. Meat is red meat or poultry from mammals such as beef, pork, lamb and chicken. Poultry includes turkey, duck and goose. Seafood includes fish and shellfish. Meat, poultry and seafood are major sources of protein, vitamins B6 and B12, iron zinc Seleniumand omega-3 fatty acids.
Meat:
Meat, it's usage and growth factor in Meat, Poultry.
*** Introduction of New Protein sources *** Growing awareness towards protein rich food among the consumers is expected to drive the global meat industry. The introduction of new protein sources such as soy products in various forms is expected to remain one of the major driving factors for global meat industry over the next eight years.
Seafood:
Seafood is meat or other edible parts of marine animals, such as fish, crustaceans (such as lobsters, crabs and shrimp), mollusks (such as clams and oysters), and seaweeds. Seafood includes species harvested from both the saltwater and freshwater environments. Seawater is considered to be the most abundant source of seafood available on a global scale.
Application Insights:
The food application segment led the global meat, poultry and seafood market in 2017. The demand for meat, seafood and poultry products as a meal ingredient is growing across the world owing to rising disposable income levels coupled with changing lifestyles. Moreover, increasing consumption of processed meats such as bacon and ham along with ready-to-eat foods is expected to drive the product demand over the forecast period.
Processing was estimated as the second largest segment in 2017 due to high product utilization for manufacturing various products including sauces, soups and stews among others which are consumed directly or used as ingredients in other food items such as bakery products or chocolates among others. In addition, strong economic growth particularly in Asia Pacific has fueled industry expansion resulting into higher processing applications of animal protein sources thereby driving overall market growth over recent years.
Regional Analysis:
North America accounted for the largest market share of more than 35% in 2017. The region is expected to maintain its lead over the forecast period owing to high consumption of meat, poultry and seafood products. In addition, increasing demand for processed meats such as hot dogs and ham is also likely to propel industry growth over the coming years.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 3% from 2018 to 2030 owing to rising population coupled with increasing per capita income in emerging economies including China and India will drive product demand across various applications. Furthermore, favorable government regulations aimed at promoting investments from foreign companies are anticipated boost regional growth further.
Growth Factors:
- Increasing demand for meat, poultry and seafood products from the developing countries due to rising disposable income and changing food habits.
- Rapid urbanization and growing population in the developing countries is leading to an increase in demand for meat, poultry and seafood products.
- Rising awareness about the health benefits of consuming meat, poultry and seafood products is driving the growth of this market.
- Growing demand for processed meat, poultry and seafood products due to busy lifestyles of consumers is contributing to the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Meat, Poultry and Seafood Market Research Report
By Type
Meat, Seafood, Poultry
By Application
Food, Processing, Other
By Companies
JBS, Tyson Foods, WH Group Limited, NH Foods, BRF, Danish Crown A/S, Hormel Foods Corp, Pilgrim's Pride Corporation, Marfrig Group, Sanderson Farms
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Meat, Poultry and Seafood Market Report Segments:
The global Meat, Poultry and Seafood market is segmented on the basis of:
Types
Meat, Seafood, Poultry
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
Food, Processing, 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:
- JBS
- Tyson Foods
- WH Group Limited
- NH Foods
- BRF
- Danish Crown A/S
- Hormel Foods Corp
- Pilgrim's Pride Corporation
- Marfrig Group
- Sanderson Farms
Highlights of The Meat, Poultry and Seafood 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:
- Meat
- Seafood
- Poultry
- By Application:
- Food
- Processing
- 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 Meat, Poultry and Seafood 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?
Meat is any animal flesh that has been slaughtered and cut into pieces for human consumption. Poultry is any bird, including chickens, turkeys, ducks and geese. Seafood includes all fish and shellfish.
Some of the major companies in the meat, poultry and seafood market are JBS, Tyson Foods, WH Group Limited, NH Foods, BRF, Danish Crown A/S, Hormel Foods Corp, Pilgrim's Pride Corporation, Marfrig Group, Sanderson Farms.
The meat, poultry and seafood market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Meat, Poultry and Seafood Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Meat, Poultry and Seafood Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Meat, Poultry and Seafood Market - Supply Chain
4.5. Global Meat, Poultry and Seafood Market Forecast
4.5.1. Meat, Poultry and Seafood Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Meat, Poultry and Seafood Market Size (000 Units) and Y-o-Y Growth
4.5.3. Meat, Poultry and Seafood Market Absolute $ Opportunity
5. Global Meat, Poultry and Seafood Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Meat, Poultry and Seafood Market Size and Volume Forecast by Type
5.3.1. Meat
5.3.2. Seafood
5.3.3. Poultry
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Meat, Poultry and Seafood Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Meat, Poultry and Seafood Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Processing
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Meat, Poultry and Seafood Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Meat, Poultry and Seafood Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Meat, Poultry and Seafood Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Meat, Poultry and Seafood Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Meat, Poultry and Seafood Demand Share Forecast, 2019-2026
9. North America Meat, Poultry and Seafood Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Meat, Poultry and Seafood Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Meat, Poultry and Seafood Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Processing
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Meat, Poultry and Seafood Market Size and Volume Forecast by Type
9.7.1. Meat
9.7.2. Seafood
9.7.3. Poultry
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Meat, Poultry and Seafood Demand Share Forecast, 2019-2026
10. Latin America Meat, Poultry and Seafood Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Meat, Poultry and Seafood Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Meat, Poultry and Seafood Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Processing
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Meat, Poultry and Seafood Market Size and Volume Forecast by Type
10.7.1. Meat
10.7.2. Seafood
10.7.3. Poultry
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Meat, Poultry and Seafood Demand Share Forecast, 2019-2026
11. Europe Meat, Poultry and Seafood Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Meat, Poultry and Seafood Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Meat, Poultry and Seafood Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Processing
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Meat, Poultry and Seafood Market Size and Volume Forecast by Type
11.7.1. Meat
11.7.2. Seafood
11.7.3. Poultry
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectons by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Meat, Poultry and Seafood Demand Share, 2019-2026
12. Asia Pacific Meat, Poultry and Seafood Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Meat, Poultry and Seafood Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Meat, Poultry and Seafood Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Processing
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Meat, Poultry and Seafood Market Size and Volume Forecast by Type
12.7.1. Meat
12.7.2. Seafood
12.7.3. Poultry
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Meat, Poultry and Seafood Demand Share, 2019-2026
13. Middle East & Africa Meat, Poultry and Seafood Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Meat, Poultry and Seafood Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Meat, Poultry and Seafood Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Processing
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Meat, Poultry and Seafood Market Size and Volume Forecast by Type
13.7.1. Meat
13.7.2. Seafood
13.7.3. Poultry
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Meat, Poultry and Seafood Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Meat, Poultry and Seafood Market: Market Share Analysis
14.2. Meat, Poultry and Seafood Distributors and Customers
14.3. Meat, Poultry and Seafood Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. JBS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tyson Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WH Group Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NH Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BRF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Danish Crown A/S
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hormel Foods Corp
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pilgrim's Pride Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Marfrig Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sanderson Farms
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook