Emerging Markets to Drive Growth in the Global Meat Market, According to New Report by Global Industry Analysts, Inc.

Share Article

GIA announces the release of a comprehensive global report on Meat (Fresh and Processed) markets. Global Meat consumption is projected to cross 296 million tons by 2018, driven by increasing consumption in emerging markets such as Asia-Pacific, and Latin America. Expansion of Meat market mainly depends on urbanization. Efficient logistics are influential in driving Meat demand. Supply of Meat to consumers through retail outlets is another key demand driver. Mushrooming hypermarkets and supermarkets are increasing Meat retailing, which in turn is increasing demand. Highly developed slaughter facilities, improved disease control measures, better management policies and improved genetics resulting in better Meat represent other growth factors.

Meat (Fresh and Processed): A Global Strategic Business Report

Follow us on LinkedIn – Developed countries together hold a major share in the global meat production. Expansion in the two largest segments, pig meat and poultry, is expected to trigger a nominal growth in the overall meat production in 2012. However, the meat industry in developed countries is poised to stagger, due to rising production in developing countries, and the resultant slow down in trade expansion. Developed countries are expected to lose international market shares to developing countries, such as India and Brazil, owing to the limited supply in developed exporting countries. Despite the decline witnessed in pork meat production during 2011, the segment is expected to witness positive growth in 2012. However, the tightening up of restrictions in trade is expected to tame down imports and exports during the year. On the other hand, beef production stumbled, owing to lackluster profits, high production costs, and shift to alternative use of land i.e. from pasture acreage to grain production or other non-farm uses. However, the growing popularity of poultry is set to trigger positive productivity in the overall meat segment over the coming years.

A significant portion of the global meat trade is concentrated in a few major markets. Reduction or slowdown in meat consumption even in one region has a direct impact on global competition. Meat in developed nations is the largest segment of food industry. Leading cattle producing countries are India, the US, Brazil, Argentina and China. China, the European Union, Brazil, Russia, Vietnam, Canada, and Japan are the top producers of swine. Leading meat importing countries include the US, UK, Japan, and Germany. Argentina, Australia, Denmark and the Netherlands are top meat exporters.

The global fresh and processed meat market is classified into four main segments, namely, pork, lamb & goat, beef & veal, and poultry. The rise in population, growing urbanization, and recovery from the attack of dreadful diseases, is poised to increase production and consumption of meat across the world. Though vegetarianism is the current fad in the West; Asia, where the green revolution began, is turning to meat. Rising tendencies to ape the West and increase in disposable income are the two major factors influencing this trend. The increasing demand for quality meat is primarily met by factory farming or industrial animal operations. As such, processed meat and fast food are replacing traditional meals. However, personal health concerns and the mad cow scare led to the vegetarianism craze in Europe and North America.

Global meat consumption is governed by ethnic influences and tastes vary from region to region. For instance some religious sects in Asia forbid spiritual followers from consuming meat. Even in meat consuming communities, consumption varies by ethnic and religious concerns. For instance, Hindus in India shun consumption of beef owing to religious beliefs. On the other hand, Asians and Hispanics are the largest consumers of goat meat and are influencing consumption patterns in North America. Animal slaughter in many countries is increasingly being governed by tradition and custom, thanks to the increasing spread of Muslim populations across the globe. Previously only communities with dense Muslim population regulated animal slaughter by religious laws, notably known as Halal. However, the increasing demand and consumption of Halal products amid consumers of all religions, has bound global slaughter houses and processed meat producer to abide with Islamic guidelines. Halal certification, which indicates that meat has been processed and prepared as per Islamic conventions, is a mandated criterion to gain entry into Muslim markets, particularly to regions such as Middle East, Malaysia, and Indonesia.

As stated by the new market research report on Meat (Fresh and Processed), Pork constitutes the largest meat segment. However, rising hostility from few nations on consuming pork, due to H1N1 linkage and cultural issues, is projected to move the segment on a sluggish pace. Driven by affordability, the poultry segment is projected to register the fastest growth among all meat segments. Consumption and production of meat is highly concentrated in developing countries. Asia-Pacific constitutes the largest regional market for meat. Growth in these regions can be attributed to the rising population, recovery from disease setbacks, increasing disposable incomes, and growing preference for high quality meat.

Major players in the global marketplace include Amadori Group, BRF Brasil Foods SA, Cargill Meat Solutions Corp., ConAgra Foods, Inc., Cremonini S.p.a., Danish Crown GB, Dawn Farm Foods Ltd., Elpozo Alimentacion S.A, Foyle Food Group, Hormel Foods Corp., Itoham Foods, Inc., JBS USA, Kepak Group, Kraft Foods, Inc., Maple Leaf Foods, Inc., Nippon Meat Packers, Inc., Perdue Farms, Pilgrim's Pride Corp., Prima Meat Packers Ltd., San Miguel Pure Foods Company Inc., Sara Lee Corp., Smithfield Foods, Inc., and Tyson Foods, Inc.

The research report titled “Meat (Fresh and Processed): A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections by meat consumption (in Thousand Tons) for major meat categories including Pork, Lamb & Goat, Beef & Veal, and Poultry. Geographic markets analyzed include the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, and Rest of Asia-Pacific), Latin America, and Rest of World.

For more details about this comprehensive market research report, please visit –

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/


Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website