Meat Products Market Report 2025

The meat products market size has grown strongly in recent years. It will grow from $976.33 billion in 2024 to $1.03 trillion in 2025 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to increased demand for flavored meat products, low interest rates, a rise in disposable income, and emerging markets growth.

The meat products market size is expected to see strong growth in the next few years. It will grow to $1.28 trillion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to a rise in global population and continued technology development. Major trends in the forecast period include investing in robotics technology, considering making new ready-to-eat variants, considering producing plant based alternatives to lessen environmental impact, considering offering online delivery services, considering artificial intelligence technology to increase productivity of meat processing and quality and safety of the meat product, monitoring developments in cultured meat technology, and exploit transformational opportunities from the developments in nanotechnology in the food industry.

The global population is on a trajectory to reach 10 billion by 2050, resulting in an increased demand for food, particularly meat products. Projections from 'The Agricultural Outlook' by the OECD and FAO indicate a 13% increase in global cereal production by 2027 to meet the growing population's needs. This surge in population is expected to drive the demand for meat products, benefitting companies in the market during the forecast period.

The growth of the meat products market is further propelled by the rising demand for processed food products. Processed food items, which undergo various stages of preparation and transformation before reaching consumers, often include meat. Meat serves as a versatile and cost-effective ingredient in various processed food products such as sausages, hot dogs, and bacon, providing convenience, flavor, and diverse culinary experiences. Notably, data from the United States Department of Agriculture indicates a significant increase in processed food item shipments from 34.91 billion in 2021 to 38.17 billion in 2022, underscoring the upward trend in demand for processed food products and its positive impact on the meat products market.

Automation and robotics technology adoption are becoming prevalent in meat processing companies, enhancing production efficiency. Robotic systems are deployed for tasks such as deboning, cutting, butchering, and monitoring in meat production, reducing cycle times and increasing throughput. Automation contributes to improved plant conditions, reduced contamination risks, and enhanced safety for both workers and consumers. For example, CSB's Image-Meater automates the classification of pork sides into different quality levels. JBS, the world's largest meat processor, has acquired a majority stake in Scott Technology Ltd., a leading robotics manufacturer, indicating a broader industry trend towards automating meat processing plants to meet the growing demand for efficiency and safety.

Leading companies in the meat products market are increasingly focused on innovation, developing new ingredients that leverage proprietary components to enhance product quality, functionality, and nutritional value. These innovative ingredients aim to improve aspects like texture, flavor, shelf-life, and health benefits. For example, in May 2022, Motif FoodWorks, Inc., a U.S.-based food and beverage company, launched plant-based meat products designed to closely replicate the taste and texture of traditional meats. This new product line is available to foodservice providers, distributors, and retailers, featuring proprietary ingredients that elevate both flavor and texture. Key components include a unique heme protein for a rich taste and a plant-based ingredient that simulates the chewiness of animal connective tissue. Research indicates that 53% of consumers are more likely to choose meat alternatives with improved taste and texture. Sampling events at industry shows provided attendees with the opportunity to try these new offerings in various dishes.

Major companies operating in the meat products market include JBS S.A., Tyson Foods Inc., WH Group, Marfrig Global Foods S.A., Danish Crown, NH Foods Ltd., Hormel Foods Inc., Yurun Group Limited, Cargill Inc., Perdue Farms Inc., Venkys Ltd, Simran Farms Ltd, Ovobel Foods Ltd., Shandong Jinluo Enterprise Group, Zhucheng Waimao Co., Ltd., Nippon Meat Packers, Inc, Starzen Co., Ltd, Industry Park Pty Ltd, Teys Australia Pty Ltd, Thomas Foods International Consolidated Pty Limited, Groupe Bigard, Cooperl Arc Atlantique, Biegi Foods GmbH, Cipa SAS, Rovagnati S.p.A, Campofro Food Group S.A, Iglo Foods Group Ltdq, Phw-Gruppe Lohmann & Co. AG, Martnez Loriente, S.A, Coop, Zur Mhlen Group, LDC S.A, Tulip Food Company A/S, Elpozo Alimentacion S.A, The Cedrob Group, Transavia Corporation, Worldpol Sp. Z O.o., Coldstore Niechcice, JKA Meat Supplies, Hand Mies Polowczyk SPZOO, Grill-Pol Sylwester Kowalski, Angelov Ltd., Ameta, Lalov & Vachev Ltd, Sysco Corp, Smithfield Foods Inc, National Beef Packing Co, OSI Group, Conagra Brands, Koch Foods, Sanderson Farms Inc, Aleph Farms, Gulf Business, The MeatHub KSA, Laboon Food Production Co., Al Munajem Cold Stores Company, Al Kabeer Group ME, Sunbulah Group, Chopped, Butterball, Jennie-O Turkey Store Inc., Egyptian Co. For Animal Wealth Development, Amgad For Food Industries, Ismailia For Poultry Meat Processing, Zartech Limited, Amo Farm Sieberer Hatchery Limited, Bama Farms Limited, Best Foods Global Nigeria Limited, Kleyn Begin Biltong Products, Matzikama Biltong, Claasens Designs, Elite Meat Processing Equipment Service.

Asia-Pacific was the largest region in the meat products market in 2024. North America was the second-largest region in the meat products market. The regions covered in the meat products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the meat products market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The meat products market consists of sales of frozen pork meat, fresh/ chilled pork meat, canned pork meat, frozen mutton meat, fresh/ chilled mutton meat, canned mutton meat, frozen beef meat, fresh/ chilled beef meat, canned beef meat, frozen chicken meat, fresh/ chilled chicken meat, canned chicken meat, frozen turkey meat, fresh/ chilled turkey meat, canned turkey meat, frozen crustaceans meat, fresh/ chilled crustaceans meat, canned crustaceans meat, frozen fish meat, fresh/ chilled fish meat, canned fish meat, frozen bacon meat, fresh/ chilled bacon meat, canned bacon meat, and other meat products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Meat products refer to food items that are prepared for human consumption by slaughtering and processing meat, and then preserving it through methods such as smoking, salting, fermenting, or adding various chemicals.

The main types of meat products include pork, mutton, beef, and others. Pork specifically refers to the fresh or salted flesh of swine when dressed for consumption. These meat products come in various forms such as chilled, frozen, and canned/preserved, and they may have different attributes, such as being organic or conventional. The distribution of meat products is carried out through various channels, including supermarkets and hypermarkets, convenience stores, e-commerce platforms, and other distribution channels.

The meat products research report is one of a series of new reports that provides meat products statistics, including meat products industry global market size, regional shares, competitors with meat products share, detailed meat product segments, market trends and opportunities, and any further data you may need to thrive in the meat products industry. This meat products research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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