 Opportunities in the Global Meat Sector: Analysis of Opportunities Offered by High Growth Economies Published On : 30 April 2019
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Summary The global Meat sector valued at US$945.7 billion in 2018 and is forecast to record a CAGR of 3.9% during 2018-2023 to reach US$1,142.9 billion by 2023. Americas represented the largest regional market with a value share of 31.5% in the global meat sector in 2018 and it is also forecast to record the fastest value CAGR of 4.6% during 2018-2023 Improving worldwide economies and rising consumption of meat from an expanding global population, will continue to be major drivers for the global meat sector. Fresh meat (counter) represented the largest market with a value share of 42.1% in 2018. Despite the rising consumption of meat worldwide, the ecological concerns regarding meat production, known to be a major source of carbon emissions, will remain a challenge for the sector as consumers shift towards more eco-friendly diets such as plant-based protein.
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Scope
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  This report brings together multiple data sources to provide a comprehensive overview of the global meat sector. It includes analysis on the following - Market overview: Provides an overview of current sector scenario vis-a-vis the future outlook in terms of ingredients, product claims, labeling and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting sector size, growth drivers, latest developments, and future inhibitors for the region. - Change in consumption: Provides a shift in the consumption of meat as compared to other major sectors such as prepared meals, bakery & cereals, savory snacks, and dairy foods during 2013-2023 at global and regional level. - high-potential countries: Provides risk-reward analysis of top 10 high-potential countries across five regions based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
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Table of content 1. Executive Summary 2. Market Overview Current market scenario and future outlook Global meat sector overview - what are the growth drivers, latest developments, and future inhibitors Regional meat sector overview - what are the growth drivers, latest developments, and future inhibitors Key challenges in the global meat sector 3. Changes in meat consumption patterns Shift in consumption patterns - change in consumption levels in the overall food industry, 2013-2022 Reasons for shift in consumption patterns Change in Consumption Levels - Asia-Pacific, Middle East & Africa, Americas, Eastern & Western Europe
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Reasons to buy - To have a thorough fact based analysis with information about the global meat sector across the six regions in value terms and the underlying factors that are driving the sales - To gain confidence to make the correct business decisions based on a detailed analysis of the global meat sector and to identify high potential countries over the next 5 years - The analysts have placed a significant emphasis on the mega trends that drive consumer choice and will provide a clear picture about the future opportunities that can be explored across the regions, resulting in revenue expansion - To gain competitive intelligence about leading brands in the meat sector at global and regional level with information about their sector share, business descriptions and product profiles.
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