About Red Meat
Red meat is the meat of adult or "gamey" mammals, which is normally red when raw. Its pure form is a good source of protein and B vitamins. It is generally derived from farm-reared mammals, such as Pork, ham and other cuts from pigs, lamb and beef. It is a popular food amongst people who follow a paleo diet.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.1% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States and Brazil Vendors will contribute the maximum growth to Global Red Meat market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BRF (Brazil), Hormel Foods (United States), JBS (Brazil), NH Foods (Japan) and Tyson Foods (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Red Meat market by , Application (Hotels, Restaurants, Home and Others) and Region.
On the basis of geography, the market of Red Meat has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Red Meat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mammals, the sub-segment i.e. Pork will boost the Red Meat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Popularity of Online Food Channels
Market Growth Drivers:
Increased Demand for Red Meat from Restaurants and Hotels and High Benefits of Red Meat
Challenges:
Growing Vegan Population Worldwide
Restraints:
Side Effects of Red Meat Consumption
Opportunities:
Increasing Number of Hotels and Restaurants and Growth in Food and Beverage Industry Worldwide
Market Leaders and their expansionary development strategies
In August 2023, Cargill has acquired two case-ready meat plants in North Kingstown, RI, and Camp Hill, Pa., from Infinity Meat Solutions, a subsidiary of Ahold Delhaize USA. Financial terms of the transaction were not disclosed.
In July 2023, Meat & Livestock Australia (MLA) has launched a new report highlighting the sustainability credentials and achievements of the Australian red meat and livestock industry
Key Target Audience
Red Meat Manufacturers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.