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Lucintel Forecasts Meat Market To Reach $1,995.1 Billion By 2026
According to the recent study the meat market is projected to reach an estimated $1,995.1 billion by 2026 from $1,795.0 billion in 2020, at a CAGR of 1.8% from 2020 to 2026. Growth in this market is primarily driven by increasing poultry meat consumption, demand for protein based food products, and increasing demand for processed meat.
Browse 98 figures / charts and 88 tables in this 165 -page report to understand trends, opportunities and forecast in meat market by livestock (poultry, pork, beef and sheep), meat type (fresh and processed meat), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/meat-market.aspx
“Processed meat market is expected to remain the largest segment during the forecast period.”
Based on meat type, the meat market is segmented into fresh and processed meat. Lucintel forecasts that the processed meat is expected to witness the largest segment over the forecast period due to increasing demand for convenient food products among consumers ...
... with longer shelf life.
“Within the meat market, the poultry segment is expected to remain the largest livestock”
Based on livestock, the poultry segment is expected to witness the largest segment and it is also expected to witness the highest growth over the forecast period as it is less expensive and increasing demand for processed poultry meat products, such as chicken soup, sandwich etc.
“Asia Pacific will dominate the meat market in near future”
Asia Pacific is expected to be the largest region over the forecast period due to rising population growth in per capita income and increasing meat consumption, particularly in China and India.
Download Brochure of this report by clicking on https://www.lucintel.com/meat-market.aspx
Major players of meat market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. WH Group, Hormel Foods, JBS, BRF Global, Tyson Foods, Cargill Inc, Itoham Foods Inc and NH Foods are among the major meat providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/meat-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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