Global Antibiotic Free Meat market outlook 2024, Forecast To 2033
28 Feb, 2024
The antibiotic-free meat market has demonstrated strong growth, rising from$152.37 billion in 2023 to$167.39 billion in 2024 with a compound annual growth rate (CAGR) of 9.9%. This growth in the historic period is attributed to rising health concerns, regulatory changes, concerns about antibiotic resistance, shifts in consumer preferences, and advancements in livestock production practices. Looking ahead, the antibiotic-free meat market is anticipated to witness robust growth, reaching$241.57 billion in 2028 at a CAGR of 9.6%. The projected growth is driven by stringent regulations, increasing consumer demand for healthier options, expansion of sustainable and ethical farming practices, retailer and food industry initiatives, and global health and food safety concerns. Major trends in the forecast period include collaboration across the food supply chain, innovation in alternative health solutions for livestock, shift towards sustainable agriculture, and emphasis on animal welfare and ethical farming practices.
Global Antibiotic Free Meat Market Key Driver
The increasing demand for healthy and premium-quality meat is expected to propel the growth of the antibiotic-free meat market going forward. Healthy and premium quality meat refers to a class of meat that contains high-quality ingredients enriched with nutrients. For instance, in 2022, according to Progressive Grocer, a US-based magazine for the food retail industry, since the start of the COVID-19 pandemic, frozen meats have experienced an 11.5% increase in premiumization (move towards more expensive premium products) in total price/volume change. Additionally, Redefine Meat Ltd., an Israel-based food company that manufactures packaged food products, global meat consumption in 2020 was 340 metric tonnes and it is expected to surpass 460-570 metric tons by the year 2025. Therefore, the growing demand for healthy and premium-quality meat will drive the growth of the antibiotic-free meat market. In 2023, the antibiotic-free meat market size stood at $13.2 billion, and it is expected to grow to $18.9 billion by 2028.
Get A Free Sample Of The Global Antibiotic Free Meat Market ReportGlobal Antibiotic Free Meat Market Segments
The global antibiotic free meat market covered in this report is segmented –
1) By Product: Bovine Antibiotic-Free Meat, Swine Antibiotic-Free Meat, Poultry Antibiotic-Free Meat, Ovine Antibiotic-Free Meat
2) By Form: Fresh Antibiotic-Free Meat, Processed Antibiotic-Free Meat
3) By Distribution Channel: Business To Business, Business To Consumer
4) By End-Users: Household, Foodservice, Food Processing
By Geography: The regions covered in the antibiotic free meat market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia-Pacific was the largest region in the antibiotic-free meat market share in 2023. The regions covered in the antibiotic free meat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Antibiotic Free Meat Industry Players
Cargill Incorporated, Tyson Foods Inc., Hormel Foods Corporation, Perdue Farms Incorporated, Meyer Natural Angus LLC, Saffron Road Foods Inc., MamaMancini's Holdings Corporation, Ranch Foods Direct LLC, White Oak Pastures Inc., American Foods Group LLC, Koch Foods Inc., Smithfield Foods Inc., Wayne Farms Inc., Nema Halal Foods Inc., Zorabian Foods Inc., Sanderson Farms Inc., Pilgrim's Pride Corporation, Foster Farms LLC, Bell & Evans Inc., Applegate Farms LLC, Mary's Free Range Chicken Inc., Plainville Farms, Coleman Natural Foods, Niman Ranch Inc., Springer Mountain Farms, Applegate Natural & Organic Meats Inc., Nature's Best Ltd., Laura's Lean Beef, Gunthorp Farms, Applegate Natural & Organic Meats, D'Artagnan LLC, Tendergrass Farms LLC, Pasturebird Inc., Joyce Farms Inc., Kadejan LLC
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Antibiotic Free Meat Market Overview
Antibiotic-free meat is meat that is free of antibiotics and is medicated during breeding to treat sickness in animals. Antibiotic-free meat is produced by raising animals without the use of antibiotics.
Antibiotic Free Meat Global Market Report 2023 provides data on the global antibiotic free meat market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The antibiotic free meat market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.