Red Meat Market Will Generate Record Revenue by 2031


Posted June 7, 2024 by mansi3210

Global red meat market is anticipated to grow at a CAGR of 6.4% during the forecast period (2024-2031).

 
Global red meat market is anticipated to grow at a CAGR of 6.4% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for protein-rich diets, particularly in emerging economies with rising disposable incomes and changing dietary preferences. Red meat, such as beef, pork, and lamb, is a significant source of high-quality protein, essential nutrients, and vitamins, making it a staple food in many cultures globally. Additionally, the growing population, urbanization, and changing lifestyles are driving the demand for convenient and protein-rich food options, including processed red meat products. 

Recent Strategy  

In October 2023, Tonnies Holding forged a collaborative partnership with the Dekon Group, marking a strategic move to establish modern slaughterhouses and butchery facilities within the Sichuan region of China. This joint venture endeavor entails a substantial investment totaling $530.0 million, with an earmarked allocation of approximately $158.0 million dedicated to the development and operation of a state-of-the-art slaughter and cutting center.
In June 2023, retail giant Walmart unveiled its ambitious initiative to construct an independent beef processing facility tailored specifically to produce case-ready meat. Situated in Olathe, Kansas, this facility is poised to cater exclusively to Walmart's extensive network of stores, ensuring a seamless and efficient supply chain for its discerning clientele

To Request a Sample of our Report on Red Meat Market:  https://www.omrglobal.com/request-sample/red-meat-market

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Form
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Hormel Foods Corp., NH Foods Ltd., Sysco Corp., WH Group Ltd., and Conagra Brands, Inc., among others.

Red Meat Market Report Segment

By Type

Beef
Pig
Sheep & Goat
Venison

By Form

Canned
Fresh/Chilled
Frozen
Processed

By Distribution Channel

B2B
B2C

A full Report of Red Meat Market is Available @  https://www.omrglobal.com/industry-reports/red-meat-market

Red Meat Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Agri Beef Co.
American Foods Group LLC
BRF Global
Cargill, Incorporated.
Conagra Brands, Inc.
CTI Foods LLC
Greater Omaha Packing
Irish Country Meats
ITOHAM YONEKYU HOLDINGS INC.
JBS S.A.
Keystone Foods LLC
The Kraft Heinz Company
Marfrig Global Foods S.A.
Minerva S.A.
National Beef Packing Company LLC
OSI Group LLC
Smithfield Foods Inc.
Starzen Co. Ltd.
The Scottish Goat Meat Co.
Tönnies Holding ApS & Co. KG
Tyson Foods, Inc.
West Liberty Foods LLC
WH Group Ltd.

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Issued By Mansi
Phone   +91 7803040404
Business Address Indore, india
Country India
Categories Business , Food , Manufacturing
Last Updated June 7, 2024