Organic Meat Market Report Overview
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The global organic meat market size was USD 24.74 billion in 2022. As per our research, the market is expected to reach USD 38.22 billion by 2028, exhibiting a CAGR of 7.5% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the organic meat market growth and demand returning to pre-pandemic levels once the pandemic is over.
The organic beef business has experienced remarkable growth in recent years. People choose to eat healthier and more sustainably produced foods as they become more cognizant of their food. One such choice that has greatly increased in popularity is organic beef. Beef from animals raised in a natural and compassionate setting is what we mean when we talk about organic beef. Antibiotics and hormones are not administered to these animals; they are only fed organic feed. This guarantees that the meat is full of natural nutrients and free of hazardous chemicals.
The market offers a variety of organic meat options. Organic beef from cattle grown on organic grasslands is one of the most popular varieties. Consumers concerned about their health frequently choose this meat since it is leaner and tastier than traditional beef. Organic chicken, raised in a free-range setting, is another variety of organic meat. Meat from these chickens is soft, juicy, and flavorful since they are given free range and an organic diet. Additionally, growing in favor is organic pork. These pigs are bred on organic farms with access to natural food sources and open spaces.
COVID-19 Impact: Awareness Of The Importance Of Sustainable Food Sources Accelerated Market Growth
It's a fascinating moment to work in this sector, given how the COVID-19 outbreak has affected this business. The demand has soared as consumers become more health-conscious and knowledgeable of the value of sustainable food sources. The epidemic has served as a catalyst, encouraging customers to prioritize their health and look for premium, organic goods. As a result, organic beef sales have increased dramatically, along with its market share. This is an exciting chance for organic beef producers to meet the rising demand and simultaneously improve the environment and public health.
Latest Trends
"Importance Of Consuming Meat That Is Free From Hormones, Antibiotics, And Other Harmful Chemicals Boost The Market Expansion"
Demand for organic beef has increased due to customers' growing awareness of their health and the environment. People are becoming increasingly aware of the value of meat devoid of hormones, antibiotics, and other dangerous additives. This trend includes people who care about animal welfare and sustainable agricultural methods and those who are health-conscious. This business is flourishing with many products, including organic chicken, beef, pork, and lamb. Observing this transition towards a healthful and sustainable eating style is quite encouraging.
Organic Meat Market Segmentation
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- By Type Analysis
The organic meat market can be segmented into made by organic beef, organic pork, organic chicken, and others. Among these, organic beef is projected to experience rapid growth through 2028.
- By Application Analysis
The market can be divided based on application into retail, food service, and industrial. Retail is expected to hold the most significant organic meat market share in the upcoming years.
Driving Factors
"Increasing Awareness And Demand For Healthier And More Sustainable Food Options Propels the Market Expansion"
The demand is increasing, and several important elements fuel this growth. The growing knowledge of and demand for healthier and more environmentally friendly food options is one of the major contributing causes. People are actively searching for natural and organic goods, including meat, as they become more aware of what they put in their bodies. As people become more aware of their health, the demand has increased since it is thought to be free of hazardous chemicals, antibiotics, and hormones.
"Changing Consumer Preferences And Lifestyles Fuels the Market Growth"
The shifting customer choices and lifestyles are another driving force in the demand for organic beef. People are choosing organic meat as a healthier and more moral option as they become more informed about the advantages of organic farming and the drawbacks of conventional farming techniques. Because they support ethical farming methods and animal welfare, consumers are ready to pay a premium for organic meat. The market for organic beef is also greatly influenced by laws and certifications issued by the government. To ensure that only meat products certified as organic reach the market, governments worldwide are putting tight regulations and standards into place for organic farming. This increases consumer trust in the authenticity and quality of organic beef products, increasing demand.
Restraining Factors
"High Cost And Limited Availability Of Organic Meat Hinder The Market Growth"
This market is rising and has much room to grow and make money. Nevertheless, several obstacles must be overcome. The greater price of organic meat than regular beef is a major obstacle. This may encourage some customers to switch to organic products. Another factor is that organic beef is hard to come by since it requires particular farming methods and certification procedures. This may lead to limited product selection and limitations of supplies. Despite these difficulties, this market is still prospering and expanding to satisfy customer demand for tastier and more environmentally friendly food options.
Organic Meat Market Regional Insights
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"North America to Dominate Market Due To Increasing Awareness And Demand For Healthier Food Options"
Between 2022 and 2028, the organic meat market will be dominated by North America. Factors driving the market growth in this region are the increasing awareness and demand for healthier and more sustainable food options. The changing consumer preferences and lifestyles fuel market expansion.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Tyson Foods (U.S.)
- Tonnies (Germany)
- JBS (U.S.)
- Perdue Farms (U.S.)
- Organic Prairie (U.S.)
- Danish Crown (Denmark)
- Strauss Brands (U.S.)
- Meyer Natural Foods (U.S.)
- Australian Organic Meats (Australia)
- OBE Organic (Australia)
- Blackwood Valley Beef (Australia)
- Rastelli Foods Group (U.S.)
- Verde Farms (U.S.)
- Arcadian Organics (Australia)
- Eversfield Organic (U.K.)
- Black River Meats (U.S.)
- Greensbury (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 24.74 Billion in 2022 |
Market Size Value By |
US$ 38.22 Billion by 2028 |
Growth Rate |
CAGR of 7.5% from 2022 to 2028 |
Forecast Period |
2022-2028 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What value is the organic meat market expected to touch by 2028?
The global organic meat market is expected to reach USD 38.22 billion by 2028.
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What CAGR is the organic meat market expected to exhibit by 2028?
The organic meat market is expected to exhibit a CAGR of 7.5% by 2028.
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Which are the driving factors of the market?
The driving factors of the market are the increasing awareness and demand for healthier and more sustainable food options and the changing consumer preferences and lifestyles.
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Which are the key players or most dominating companies functioning in the market?
Tyson Foods (U.S.), Tonnies (Germany), JBS (U.S.), Perdue Farms (U.S.), and Organic Prairie (U.S.) are some of the top companies in the market.