Meat, Poultry And Seafood Market Share
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The Rapid Growth in Meat, Poultry and Seafood Market Underpinned by Rising Disposable Income, Health Awareness, and Emerging Markets
What Is The Projected Market Size Of The Global Meat, Poultry And Seafood Market And Its Growth Rate?
The global meat, poultry and seafood market has seen steady growth, exhibiting considerable potential for future expansion:
– The market value was recorded at $1613.94 billion in 2024 and is expected to rise to $1712.35 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.1%.
– Multiple factors have propelled this growth, including a rise in disposable income, increasing popularity of seafood products, favourable interest rates, and growth in emerging markets.
– The market size is projected to reach an impressive $2170.79 billion in 2029, growing at the same CAGR of 6.1%.
– The surge in the forecast period can be attributed to increased awareness about health benefits, population growth, and heightened demand for quality and sustainability.
What Is Driving The Growth In The Meat, Poultry And Seafood Market?
The fundamental driver of this market’s growth is the expected increase in world population, forecasted to hit 10 billion by 2050. More people necessitate more food, creating burgeoning demand for meat, poultry, and seafood products. Similarly, a rise in crop production, farming activities, and trade volumes will contribute significantly to this trend. The growing population provides a promising landscape for companies in the market by increasing demand for their products.
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Who Are the Key Players Driving Meat, Poultry And Seafood Market Growth?
The key players in the global meat, poultry and seafood market include:
– JBS S.A
– Tyson Foods Inc
– WH Group Limited
– Marfrig Foods S.A.
– Pilgrim’s Pride Corporation
– Hormel Foods Corp
– Maple Leaf Foods Inc
– Thai Union Group
– Vion Holding
– Danish Crown A/S
– Pescafresh, Godaco Seafood
– Grand Wynn Enterprises
– NH Foods Ltd
– Charoen Pokphand Group
– Suguna Foods
– Doyoo Group
– New Hope Liuhe
– Wen’s Food Group
– Bell & Evans
– Fosters Farm
– Cargill meat solutions
– Riverford Organic Farms
– Capestone Organic Poultry Farm
– Underrwood Meat Company
– Springfield Poultry
– Yorkshire Valley Farms
– Rossdown Farms & Natural Foods
– Beretta Farms
– Smithfield Foods Inc
– Pjsc
– F.L.G. Srl
– Scorilo Srl
– Enpi Lake Fishing SRL
– Cherkizovo
– MHP
– Gap Resurs
– AO Prioskolie
– Sadia
– Seara Foods
– Perdigao SA
– Minerva Foods.
What Are The Key Trends In The Meat, Poultry And Seafood Market?
The meat, poultry and seafood market is set to see the following major trends in the coming years:
– Increased awareness about health benefits.
– Population growth.
– Growing demand for quality and sustainability.
What Are The Segments Of The Global Meat, Poultry And Seafood Market?
The global meat, poultry and seafood market can be segmented as follows:
– By Type: Meat Products, Poultry, Seafood
– By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channel
– By Nature: Organic, Conventional
Which Region Leads The Meat, Poultry And Seafood Market?
Asia-Pacific held the largest share in the meat, poultry, and seafood market in 2024. Western Europe followed closely, securing the second-largest market share. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Meat, Poultry And Seafood Market Global Market Report?
– Market Size Analysis: Analyze the Meat, Poultry And Seafood Market size by key regions, countries, product types, and applications.
– Market Segmentation Analysis: Identify various subsegments within the Meat, Poultry And Seafood Market for effective categorization.
– Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
– Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
– Market Contribution: Evaluate contributions of different segments to the overall Meat, Poultry And Seafood Market growth.
– Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
– Industry Challenges: Analyze challenges and risks affecting the Meat, Poultry And Seafood Market.
– Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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