The value of the global meat sector was estimated to value at **** billion U.S. dollars in 2024, and was forecast to increase to ****** billion U.S. dollars by 2030. Global meat industry The production volume of meat worldwide has seen a slight increase between 2016 and 2020, from ***** million metric tons to around *** million metric tons. During that time period, pork and poultry were the two most produced types of meat in terms of weight. In 2016 and 2017, pork had a slightly larger production volume than poultry, but between 2017 and 2020, poultry overtook pork as the leading of meat worldwide. Beef in the United States The United States is the world’s leading producer of beef and veal as of 2020. In that year, the U.S.’s beef production amounted to **** million metric tons. The United States also has the largest domestic consumption of beef of any country. On a regional level, the amount that each consumer in the United States spends on beef on an annual basis varies quite significantly, with the Western United States having the highest household expenditure on beef, and the Midwest having the lowest.
The cultivated meat markt is still in its infancy, but several institutions foresee a profitable future for lab-grown foods. For instance, consultancy firm McKinsey forecasts that the cultivated meat market will be worth ** billion U.S. dollars by 2030. Looking further ahead, research agencies expect the market value of this new industry to be anywhere between *** and *** billion U.S. dollars.
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Global Plant-Based Meat Market is anticipated to grow at a CAGR of 19.8% during the forecast period, with an estimated size and share exceeding USD 38,273.9 Million by 2032, according to projections.
In 2024, the leading country of destination for meat exports from Mexico was the United States, with a value of *********** U.S. dollars. Ranking second was Japan, with ****** million U.S. dollars worth of meat. That same year, Mexico exported over *** billion U.S. dollars worth of meat.
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United Kingdom increased 3% of Meat Products Production Value in 2019, from a year earlier.
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European Meat Market Size Value by Country, 2023 Discover more data with ReportLinker!
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Calculated to expand at a CAGR of 15.2%, the global meat subscription market is projected to increase from a valuation of US$ 1.7 billion in 2024 to US$ 7.1 billion by the end of 2034.
Report Attributes | Details |
---|---|
Meat Subscription Market Size (2024E) | US$ 1.7 Billion |
Forecasted Market Value (2034F) | US$ 7.1 Billion |
Global Market Growth Rate (2024 to 2034) | 15.2% CAGR |
North America Market Value (2024E) | US$ 400 Million |
East Asia Market Value (2034F) | US$ 2 Billion |
Beef Segment Market Value (2024E) | US$ 451 Million |
Key Companies Profiled | Butcher Box; Goldbelly, Inc.; Moink; FarmFoods; GoodChop; The Kansas City Steak Company; Licious; Porter Road Butcher; Greenbury; Omaha Steaks |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 300 Million |
Growth Rate (2024 to 2034) | 14.3% CAGR |
Projected Value (2034F) | US$ 1.1 Billion |
Attribute | China |
---|---|
Market Value (2024E) | US$ 300 Million |
Growth Rate (2024 to 2034) | 15.6% CAGR |
Projected Value (2034F) | US$ 1.3 Billion |
Category-wise Insights
Attribute | Monthly Subscription Type |
---|---|
Segment Value (2024E) | US$ 789 Million |
Growth Rate (2024E) | 15.2% CAGR |
Projected Value (2034F) | US$ 3.23 Billion |
Attribute | Beef |
---|---|
Segment Value (2024E) | US$ 451 Million |
Growth Rate (2024E) | 15% CAGR |
Projected Value (2034F) | US$ 1.83 Billion |
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Forecast: Meat Market Size Value Per Capita in Germany 2023 - 2027 Discover more data with ReportLinker!
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In 2019, Meat Processing Production Value in Germany jumped by 8% from a year earlier.
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Forecast: Meat Market Size Value in France 2023 - 2027 Discover more data with ReportLinker!
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Forecast: Fresh Bovine Meat Market Size Value in Finland 2023 - 2027 Discover more data with ReportLinker!
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European Meat Market Size Value Share by Country (Euros), 2023 Discover more data with ReportLinker!
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Forecast: Meat Market Size Value in Poland 2023 - 2027 Discover more data with ReportLinker!
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Forecast: Meat Market Size Value in Germany 2023 - 2027 Discover more data with ReportLinker!
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Forecast: Meat Market Size Value Per Capita in France 2023 - 2027 Discover more data with ReportLinker!
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Italy Meat and Poultry Meat Products Production Value rose 4.4% in 2019, compared to a year earlier.
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Meat Market Size Value Per Capita in Finland, 2021 Discover more data with ReportLinker!
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Forecast: Meat Market Size Value in Italy 2023 - 2027 Discover more data with ReportLinker!
In 2024, the export value of meat from Argentina amounted to *** billion U.S. dollars. This represents a decrease of around eight percent compared to the previous years. Between 2012 and 2023, the value of meat and edible offal exports from the South American country increased by ** percent. That year, bovine meat exports accounted for approximately ***** billion U.S. dollars.
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The global cultured meat market size is expected to reach USD 499.9 million by 2030 according to a new study by Polaris Market Research.
The value of the global meat sector was estimated to value at **** billion U.S. dollars in 2024, and was forecast to increase to ****** billion U.S. dollars by 2030. Global meat industry The production volume of meat worldwide has seen a slight increase between 2016 and 2020, from ***** million metric tons to around *** million metric tons. During that time period, pork and poultry were the two most produced types of meat in terms of weight. In 2016 and 2017, pork had a slightly larger production volume than poultry, but between 2017 and 2020, poultry overtook pork as the leading of meat worldwide. Beef in the United States The United States is the world’s leading producer of beef and veal as of 2020. In that year, the U.S.’s beef production amounted to **** million metric tons. The United States also has the largest domestic consumption of beef of any country. On a regional level, the amount that each consumer in the United States spends on beef on an annual basis varies quite significantly, with the Western United States having the highest household expenditure on beef, and the Midwest having the lowest.