The Edible Meat Market in India is being driven by Increased online penetration
The Edible Meat Market in India is expected to grow at a CAGR of 8.09% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 13.83 billion. The organic meat market in India has witnessed significant growth since 2017, fueled by increasing consumer awareness and preference for high-quality, safe food options. Consumers are increasingly concerned with the absence of synthetic chemicals, hormones, antibiotics, and genetically modified organisms (GMOs) in their food. Organic meat production adheres to stringent standards, prioritizing animal welfare, environmental sustainability, and minimal use of synthetic pesticides and fertilizers. This alignment with natural and minimally processed food trends appeals to health-conscious consumers seeking premium-quality meat products.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
119 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.09% |
Market growth 2024-2028 |
USD 13.83 billion |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
7.32 |
Key countries |
India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The edible meat market in India is a significant segment of the global food industry, with a focus on various types of meat and meat by-products, including kidneys and liver. These internal organs are rich sources of essential nutrients like proteins, amino acids, and other vital elements. Red meats, such as those from cattle and pigs, are popular choices, providing muscle tissues high in protein requirements. Animal sources like ducks, poultry, lamb, mutton, and beef are widely consumed, while seafood adds variety with its high protein content. Meat products come in various forms, such as fresh or chilled, frozen, canned, processed, and on-trade or off-trade. Protein-rich by-products, like kidneys and liver, are in demand for their nutritional value. The Indian market caters to diverse consumer preferences, with a growing trend towards organic and ethically sourced meat. The global food industry continues to evolve, with advancements in technology and production methods, ensuring a steady supply of high-quality meat products for consumers.
The global packaged foods and meats market encompasses vendors engaged in food processing to ensure food safety and extend product shelf life. According to Technavio, the market's size is determined by the consolidated revenue of participating vendors. This market segment excludes food processing equipment manufacturers and packaged beverage producers, including alcoholic and non-alcoholic beverages. Key growth drivers for the global packaged foods and meats market include the health benefits associated with consuming minimally processed foods, such as vegetables, which are rich sources of essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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