Edible Meat Market Size to grow by USD 13827.8 million between 2024-2028
According to a research report “ Edible Meat Market” by Product (Poultry, Sheep and goats, Beef, Pork, Others) Distribution Channel (Offline, Online) Geography (APAC)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 13827.8 million, at a CAGR of growth_momentum_prefix 8.09% during the forecast period. The edible meat market has witnessed significant online growth since 2017, with consumers increasingly opting for the convenience of browsing a vast selection of meat offerings, comparing prices, and placing orders digitally. Platforms like Licious provide added benefits such as subscription services and recurring orders, streamlining the purchasing process for individuals with consistent meat consumption requirements. Premium consumers prioritize organic meat options, which are often synonymous with superior taste, texture, and overall dining experience.
Browse market data tables, figures, and in-depth TOC on “Edible Meat Market” by Product (Poultry, Sheep and goats, Beef, Pork, Others) Distribution Channel (Offline, Online) Geography (APAC) Global Forecast to 2028. Download Free Sample
By Product, the Poultry segment is projected to dominate the market size in 2024
In the Indian edible meat market landscape of 2023, offline sales channels maintained a dominant market share. Consumers continue to favor the traditional shopping experience, where they can physically inspect and select their preferred meat products at local butcher shops, supermarkets, or farmers' markets. This approach offers a tangible connection with sellers, instilling trust and familiarity. Offline retailers like Licious cater to individual preferences, enabling customers to request specific cuts, sizes, or special preparations, thereby enhancing the overall meat purchasing experience.
By Distribution Channel, Offline segment is expected to hold the largest market size for the year 2024
In the edible meat market, poultry, specifically chicken, holds a significant position due to its affordability, accessibility, and ease of production compared to other protein sources. The global economic growth, particularly in emerging markets, has resulted in increased purchasing power and a subsequent rise in meat consumption. Poultry meat, being a relatively affordable protein option, is increasingly preferred by a larger consumer base. Moreover, growing health consciousness and awareness about the nutritional benefits of poultry meat, such as its lean and low-fat properties, have further boosted its demand. Additionally, poultry production is generally considered more environmentally sustainable compared to other types of meat production, adding to its appeal.
APAC is forecasted to hold the largest market size by region in 2024
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The Edible Meat Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The edible meat market encompasses a wide range of animal sources, including kidneys and livers, which are rich in essential nutrients like proteins, amino acids, and vitamins. Red meats, such as beef from cattle and pork from pigs, are particularly prized for their high protein content. Internal organs like kidneys and livers are considered edible meat by-products and are consumed in various cuisines around the world. Protein requirements are a key consideration in the global food industry, making meat, whether from muscle tissues or internal organs, a significant component of many diets. The meat market includes a diverse range of products, from fresh or chilled poultry and pork to processed, frozen, canned, and meat products derived from seafood, lamb, mutton, and beef. The on-trade and off-trade sectors cater to different market segments, with the on-trade focusing on restaurants and hotels, and the off-trade on retail sales. Duck, a popular source of protein-rich meat, is also a significant player in the market. Overall, the edible meat market continues to evolve, meeting the diverse protein needs of consumers around the world.
Market Research Overview
The edible meat market is known for its authentic, robust, and complex tastes that come from various animal sources and cuisines. Spices like paprika, cumin, and garlic enhance the flavor of meats, while processing techniques using nitrites and nitrates as preservatives are essential in creating popular products like dinner links and cured meats. However, concerns over preservatives and animal welfare have led to the rise of alternative meat products and sustainable practices. The Global food industry produces a wide range of meat products from red meats like beef, pork, mutton, and lamb, to poultry, game meat, and edible meat by-products. Internal organs such as hearts, kidneys, and livers are rich in proteins, amino acids, and essential nutrients. Sheep meat, duck, and fish are also popular sources of protein, omega-3 fatty acids, and energy. Stringent regulations ensure the safety and quality of meat products, including frozen and packaged meats, processed meats like ham, sausages, bacon, stews, burgers, and steaks, and fresh or chilled meats. Animal welfare and sustainable practices are increasingly important considerations in the meat industry, with organic meat production and the use of feedstock becoming more common. Dietary preferences, such as vegetarian or vegan, have also influenced the market, leading to the growth of alternative meat products like plant-based burgers and sausages. Middle Eastern and Mediterranean cuisines, with their rich use of spices and meat dishes, continue to be popular, while convenience stores offer a wide range of meat products for on-the-go consumers. African swine fever and other diseases pose challenges to the industry, requiring ongoing processing and regulatory efforts. Overall, the edible meat market is diverse, dynamic, and essential to global food production and consumption.
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