Global meat and poultry market: future trends detailed

 
  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
10 votes
Share

Global Meat & Poultry Industry

The world market for meat, fish, and poultry is predicted to grow at almost 4% a year to reach nearly $640 billion in 2015, according to MarketLine. Chilled meat and fish/seafood products are the leading product segments in the industry, accounting for sales in excess of $236 billion, or 45% of the global market.

 

The world’s fresh meat market is expected to hit the 300-million ton mark by 2015, reports Global Industry Analysts. Market drivers include rising population, market recovery following setbacks due to diseases such as the avian flu, and greater levels of urbanization. Asia-Pacific is a leading region in meat consumption, where demand is rising due to strong economic growth and higher incomes.

 

Meat retail expansion is reliant on distribution systems, affordable transportation costs, urbanization, with subsequent construction of supermarkets and hypermarkets, effective disease control, and good slaughter facilities. As health conscious consumers in the West turn to vegetarian diets, meat demand is slowing. This is offset by rising demand in Asia-Pacific, which is followed by North America and the EU in terms of consumption.

 

The meat industry has suffered due to diseases such as foot and mouth disease and avian flu, with imports of some products being banned in major markets. Pork meat leads the meat market, with poultry, beef and veal following. The biggest producers of cattle include the US, China, India, Argentina and Brazil.

 

Key Market Segments

 

  • Global demand for beef continues to rise due to the meat’s high protein content, coming third in the list of meats consumed primarily as sources of protein. The beef market is bolstered by rising disposable incomes and growing awareness of the important role of protein in the diet.

 

  • According to the World Agricultural Board, beef exports are set to grow 5% in 2012 due to strong demand from regions including North Africa, Southeast Asia, and the Middle East. India is to knock the US from third place in terms of beef exporters, mainly rising supplies and competitive pricing strategies. Expansion in the US beef industry is slowed by falling production. Russia continues to top the list of the world’s beef importers.

 

 

Regional Market Share

 

  • The US meat market is witnessing a trend towards free-range, grass-fed, organic products. The US market for fish, poultry and fresh red meat combined generated sales in excess of $93 billion in 2010, showing almost 1% annual growth in the four-year period ending 2010. Beef led the industry in the same year generating sales of $28 billion, or almost a third of the US meat market. Yearly growth is expected to exceed 1% for the five-year period ending 2015 to bring the market to almost $99 billion.

 

  • In the UK, the combined market encompassing fish, poultry and fresh red meat generated over $31 billion in sales in 2010, according to MarketLine, representing 5% yearly growth for four consecutive years. The UK meat market is expected to fall to just over 4.5% throughout the five-year period ending 2015, bringing market value close to $40 billion.



Industry Leaders

 

The leading players on the global meat and poultry market include: US-based Cargill Meat Solutions, Tyson Fresh Meats, Foyle Food Group, Itoham Foods, ConAgra Foods based in Omaha, Cremonini, Amadori Group, US company Hormel Foods, Kepak Gropu, Nippon Meat Packers, Sara Lee, Premium Standard Farms, and Smithfield Foods. Other key players include Danish Crown, JBS, Kraft Foods, Brazilian-owned Perdigão, Pilgrim’s pride, US chicken processor Perdue Farms, Dawn Farm Foods, and Toronto-based Maple Leaf Foods.

 

 

Market Outlook

 

Beef and veal demand will remain largely the same going in 2012 as stronger demand in Argentina, Brazil and India make up for falling US demand. US production is set to fall 5% to under 11.5 million tons. India’s cattle production will remain strong, as the world’s biggest consumer of dairy products.



World production of pork is expected to grow 2% to exceed 103 million tons in 2012, fuelled by higher production in China and South Korea. Chinese pork production is set to rise 4% to exceed 51 million tons as the market recovers from diseases such as swine flu. US production will rise 2% to almost 11 million tons, benefiting from greater supplies over other protein sources on the domestic market. 

 

 

Leading Industry Associations

 

View the main evolutions in the meat and poultry sector from top industry sources to start your research efficiently. View all 2015 reports and statistics.
1-10 of about 14 000 reports

Global Meat Industry Forecast Weekly Update

  • April 2015
    10 pages
  • Meat  

  • World  

    Europe  

    China  

View report >

Poultry Slaughtering Supply in the US

  • May 2015
    16 pages
  • Poultry Slaught  

    Livestock Slaug  

  • United States  

    North America  

View report >

Meat And Poultry Industry in Europe

  • April 2015
    36 pages
  • Milk  

    Bio Fuel  

  • Europe  

    World  

View report >

The future of the Meat Industry in India and Asia

  • August 2014
    9 pages
  • Meat  

    Crop Production  

  • India  

    Asia  

View report >

Meat And Poultry Industry in Thailand and Japan Forecast

  • August 2014
    7 pages
  • Meat and Poultr  

  • Thailand  

    Japan  

View report >

Meat Industry in France

  • April 2014
    18 pages
  • Meat  

    Food  

  • France  

    Europe  

View report >

Meat And Poultry Industry in Germany

  • April 2015
    24 pages
  • Food  

    Food  

  • Germany  

    Europe  

View report >

Meat Industry in the US and Italy

  • February 2015
    8 pages
  • Meat  

  • United States  

    Italy  

    Europe  

View report >

Meat And Poultry Price Trends in the UK

  • May 2015
    6 pages
  • Meat and Poultr  

    Pork  

    Pig Meat  

  • United Kingdom  

    Europe  

    United States  

View report >

Meat Markets in Canada Forecast

  • April 2015
    15 pages
  • Meat  

  • Canada  

View report >


About 3 900 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 99 - $ 20 738)

Poultry-Keeping Machine Markets in the World to 2019 - Market Size, Development, and Forecasts

Poultry-Keeping Machine Markets in the World to 2019 - Market Size, Development, and Forecasts

  • $ 22 065
  • Industry report
  • May 2015
  • by Global Research & Data Services Oy

The expansion of the global poultry-keeping machine industry is forecast to reach 2.6% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 7.9%. Currently, ...

Poultry-keeping Machine Markets In Europe To 2019 - Mar ...

May 2015 $ 12 090

Poultry-keeping Machine Markets In Eastern Europe To 20 ...

May 2015 $ 8 366

Poultry-keeping Machine Markets In Asia To 2019 - Marke ...

May 2015 $ 8 366

Poultry-keeping Machine Markets In Western Europe To 20 ...

May 2015 $ 6 903

Us Meat, Poultry & Seafood Packaging Market

April 2015 $ 5 300

Poultry-keeping Machine Markets In Americas To 2019 - M ...

May 2015 $ 5 174

Global Poultry-keeping Machine Market To 2019 - Market ...

May 2015 $ 5 174

Collagen Peptides Market By Source, Application & Regio ...

February 2015 $ 4 650

Fresh Meat And Seafood Markets In China

March 2015 $ 4 000

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.