Meticulous Research®, a leading global market research firm, has published a report titled “Meat Market by Product Type (Processed Meat, Fresh Meat), Animal Type (Cattle and Buffalo, Pig, Poultry, Sheep, and Goat), and Distribution Channel (Business to Consumer (B2C), Business to Business (B2B) - Global Forecast to 2029.”

According to the report, the global meat market is projected to reach a value of $1,345.9 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2029. In terms of volume, the market is expected to reach 374.4 million tons CWE by 2029, with a CAGR of 1.1% during the forecast period. The market's growth is primarily attributed to increasing demand for animal-based foods, protein-rich diets, and functional meat products. Additionally, rising awareness of organic processed and gluten-free meat products is expected to create significant growth opportunities for stakeholders. However, concerns about the carcinogenic effects of processed meat and the growing popularity of meat alternatives may pose challenges to market expansion.

The report provides an in-depth analysis of the global meat market, offering historical data (2020 and 2021), current estimates (2022), and forecasts for 2029. The study examines the market by animal type (cattle and buffalo, pig, poultry, sheep and goat, and others), product type (processed meat—frozen, chilled, and canned—and fresh meat), and distribution channel (B2C and B2B). It also evaluates the competitive landscape and offers insights at regional and country levels.

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Segment Analysis:
• Animal Type: The cattle and buffalo segment is expected to hold the largest share of the global meat market in 2022, driven by the strong demand for beef, which is recognized as a rich source of protein. The segment's growth is further supported by increasing consumer awareness of the nutritional benefits of high-protein foods and a preference for beef over other meats due to concerns about diseases associated with poultry and pork.

• Product Type: The processed meat segment is anticipated to lead the market in 2022, attributed to its convenience, extended shelf life, and the growing demand for ready-to-cook products among busy consumers, particularly in urban areas with higher incomes.

• Distribution Channel: The B2C segment is projected to command the largest market share in 2022, driven by the expanding number of supermarkets and hypermarkets, consumer preference for in-store shopping due to ease of access, and the increasing use of e-commerce platforms for purchasing essential goods.

Geographic Insights:
The report also provides a comprehensive analysis of major geographic regions, including North America (U.S., Canada), Europe (Germany, France, Italy, U.K., Spain, and RoE), Asia-Pacific (China, Japan, India, Australia, and RoAPAC), Latin America (Brazil, Mexico, Argentina, and RoLATAM), and the Middle East & Africa.
In 2022, the Asia-Pacific region is expected to account for the largest share of the global meat market, driven by rising awareness of protein-rich diets, advancements in food technology, and robust demand for meat products in rapidly developing countries such as China and India. The region's rapid urbanization, increasing income levels, and shifting consumer lifestyles are also contributing to the rising demand for convenient ready-to-cook meat products.

Quick Buy – Meat Market – Global Opportunity Analysis and Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/47325110

Key Market Players:
The report highlights the competitive landscape, detailing the key strategic developments of leading market players over the past 4-5 years. Notable companies profiled include Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.), JBS S.A. (Brazil), Hormel Foods Corporation (U.S.), American Foods Group, LLC (U.S.), Koch Foods, Inc. (U.S.), Smithfield Foods, Inc. (U.S.), National Beef Packing Company, LLC (U.S.), Perdue Farms Inc. (U.S.), and Allanasons Private Limited (India), among others.

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