Industry Background:
Venison usually refers to deer meat, but it may also refer to meat from elk, buffalo, moose, caribou, and antelope, as well as wild boar and hares. Venison is low in fat and cholesterol. It is high in vitamin B, iron, and phosphorus which makes it nutrient-rich. Venison generally cooks quickly than beef. Venison is becoming increasingly popular among health-conscious people. Venison provides more protein for around half the calories of a similar amount of beef. Fresh venison is generally made from hunted beer. North America is the largest market for venison.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Silver Fern Farms Limited (New Zealand), First Light Foods (New Zealand), Fern Ridge (United States), Duncan New Zealand (New Zealand), Shaffer Farms (United States), Alliance Group (Philippines), Highbourne Deer Farms (United States) and iGourmet (United States) |
According to AMA, the market for Fresh Venison is expected to register a CAGR of 6.6% during the forecast period to 2030. This growth is primarily driven by Growing Consumption of Meat Worldwide and Increasing Demand for Novel Food.
Globally, a noticeable market trend is evident Adoption Of Fresh Venison in Wide Range of Recipes The Food Products sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Silver Fern Farms Limited (New Zealand), First Light Foods (New Zealand), Fern Ridge (United States), Duncan New Zealand (New Zealand), Shaffer Farms (United States), Alliance Group (Philippines), Highbourne Deer Farms (United States) and iGourmet (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In July 2018, SJW Group announced that SJWTX, Inc., a wholly owned subsidiary of SJW Group based in New Braunfels, Texas, has completed its acquisition of the Deer Creek Ranch Water Co., LLC’s water system. In 2017, SJWTX, Inc. entered into an agreement to purchase the water system assets. SJWTX, Inc.,
In November 2021, Patagonia Provisions has launched a new lightly smoked venison link made from invasive Hawaiian Axis deer, which is considered one of the most delicious venison species in the world. With a flavorful, tender, and mild flavor, these venison links offer 16g of lean protein per serving and do not contain any antibiotics or hormones.
Regulatory Insights:
According to FSSAI regulations, for processing/preparation of Non-veg. Products, “1 Raw meat and processed meat should be separated from other foods; items and surfaces. 2) Separate items (e.g., cutting boards, dishes, knives) and preparation area for raw meats and poultry and marine products should be used to avoid cross-contamination of food. 3)Hands should be thoroughly washed before switching from preparing raw meat or poultry or marine products to any other activity.”
Influencing Trend:
Adoption Of Fresh Venison in Wide Range of Recipes
Market Growth Drivers:
Growing Consumption of Meat Worldwide and Increasing Demand for Novel Food
Challenges:
Growing Trend Veganism Will Influence the Demand of Fresh Venison and Fresh Venison Tend to Be Pricier Than Beef
Restraints:
Government Regulations Against Hunting Deer to Protect Wildlife
Opportunities:
Increasing Health Awareness Among Masses Will Boost the Demand of Fresh Venison and Marketing Of Fresh Venison as Luxury Dish Will Increase the Its Demand
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Fresh Venison Market
- Analysis about New Entrants in Fresh Venison Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Fresh Venison Study Sheds Light on
The Fresh Venison Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Fresh Venison industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Fresh Venison industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.