Global Meat, Poultry And Seafood Market

The meat processing equipment market consists of sales of meat processing equipment by entities (organizations, sole traders, and partnerships) that is used to process meat to enhance its shelf life and taste. Processed meat is defined as any meat that has been altered in order to increase its flavour or prolong its shelf life. It generally helps in converting meat into processed food items by using various physical tools and chemicals. The main types of meat processing equipment are cutting equipment, blending equipment, tenderizing equipment, filling equipment, slicing equipment, grinding equipment, smoking equipment, massaging equipment and other equipment. Cutting equipment is used for cutting meat into finer, smaller pieces as required. The different meat types include beef, mutton, pork and other meat. The various applications of meat processing equipment include fresh processed meat, precooked meat, raw cooked meat, cured meat, dry meat, raw fermented sausages and other applications. The global meat processing equipment market size is expected to grow from $9.78 billion in 2021 to $10.43 billion in 2022 at a compound annual growth rate (CAGR) of 6.71%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global meat processing equipment market size is expected to reach $13.62 billion in 2026 at a CAGR of 6.89%. The increasing consumption of processed meat is expected to propel the growth of the meat processing equipment market going forward. Processed meat provides a number of advantages, including a better taste, a lower risk of meat-borne infections, a longer shelf life, and a high degree of portability. For instance, according to the Standard Process Inc., a US based food supplements company report published in 2020, processed foods account for about 70% of the American diet. Additionally, according to the agricultural and processed food products export development authority, during the fiscal year 2020-21, India exported 774.11 Megatonne (MT) of processed meat to the world, valued at $1.62 million. Therefore, the increasing consumption of processed meat drives the growth of the processed meat market. Technological innovation is a key trend gaining popularity in the meat processing equipment market. Technological innovation is a discovery of knowledge that advances technology. For instance, in February 2019, Germany based food company, GEA introduced a new injection system for brining bacon and poultry named MultiJector 2mm. This brine injection system is part of a GEA MultiJector product family and is specifically designed to poultry processing and precise bacon, for 700 mm wide lines. This system features 2 mm OptiFlex needles, promoting a tight injection pattern and allowing for better and higher consistency, product quality and injection accuracy. In November 2021, KKR, a US based global investment firm, announced the acquisition of Bettcher Industries for an undisclosed amount. The acquisition will be a continuation of KKR’s commitment to expand and diversify investment portfolio and build market leaders. Bettcher is a trusted provider of innovative, semi-automated handheld tools and automated equipment for many of poultry, pork and beef processing plants globally, headquartered in Birmingham, Ohio. Major players in the meat processing equipment market are GEA Group, JBT Corporation, Marel, Illinois Tool Works, The Middleby Corporation, Bettcher Industries, Equipamientos Carnicos, Biro Manufacturing Company, Brahe, RZPO, Bizerba, Riopel Industries, Minerva Omega Group, Risco, Millard Manufacturing Corporation, Apache Stainless Equipment Corporation, Gee Gee Foods & Packaging, PSS Svidnik, Ross Industries Inc., and Metalbud Nowicki. North America was the largest region in the meat processing equipment market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global meat processing equipment market during the forecast period. The regions covered in the global meat processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the meat processing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global meat processing equipment market is segmented - 1) By Type: Cutting Equipment, Blending Equipment, Tenderizing Equipment, Filling Equipment, Slicing Equipment, Grinding Equipment, Smoking Equipment, Massaging Equipment, Others 2) By Meat Type: Beef, Mutton, Pork, Others 3) By Application: Fresh Processed Meat, Precooked Meat, Raw Cooked Meat, Cured Meat, Dry Meat, Raw Fermented Sausages, Others

The cultured meat market consists of sales of lab-grown meat products by entities (organization, partnerships, and sole traders) that produce meat created in culture using different tissue of animals and bio-engineered techniques. Cultured meat is also known as clean meat or in vitro meat and acts as a healthier alternative to conventional animal meat. The cultured meat is grown in a laboratory using animal stem cells or also called building block cells. These cells are soaked in liquid containing nutrients to help them duplicate and then transferred to the bioreactor, where the meat is grown. The main types of cultured meat are poultry, beef, seafood, pork, duck. Poultry is a type that raises the birds for commercial purposes eggs, feathers, others. The meat cells are procured from the poultry and grown in the lab for cultured meat. The cultured meat is used by household or food services for cooking nuggets, sausages, burgers, hot dogs, meatballs, others. The cultured meat is distributed through hypermarkets, food and drink specialty stores, convenience stores, online retail, and others. The global cultured meat market size is expected to grow from $127.67 million in 2021 to $158.95 million in 2022 at a compound annual growth rate (CAGR) of 24.5%. The global cultured meat market size is expected to grow to $319.67 million in 2026 at a CAGR of 19.1%. The increasing consumption of meat across the globe is contributing to the growth of the cultured meat market. Cultured meat is consumed as a healthy alternative to animal meat as it is less contaminated than animal meat. Around the world, people are eating more meat than before due to the increasing need for protein consumption and an increase in disposable income. According to the Organisation for Economic Co-operation and Development - Food and Agriculture Organization (OECD-FAO) Agriculture outlook 2020-2029, the growth in global meat consumption is projected to increase by 12% between 2020 to 2029. Moreover, according to The World Counts report, global meat consumption is expected to reach between 460 and 570 million tons by 2050. Thus, increasing consumption of meat and meat products drives the market for cultured meat. Meat made from 3D printed cells is gaining popularity among meat production companies to create precise digitally printed structures. 3D printed cultured meat has evolved in recent months to develop 3D printed hybrid cells and plant-based meats. In 2020, MeatTech, an Israel-based farmed meat company, successfully 3D printed a beef fat structure grown with bovine fat cells and edible bio-bonds. 3D printed cultured meat technology offers many benefits to meat consumers that include preserving texture, taste, and nutritional properties of animal meat products by reducing environmental impact. In December 2020, Meat-Tech 3D, an Israel-based company engaged in developing methods for cultivated meat using 3D printing acquired Peach of Meat for $17.80 million. Through this acquisition, Meat-Tech will leverage Peace of Meat technologies including new hybrid food products to accelerate market entry as Meat-Tech develops industrial processes for farming and manufacturing. Peace of Meat developed a stem-cell bioreactor for cultivating fats from the chickens and ducks without harming the animals. Major players in the cultured meat market are Memphis Meats, MosaMeat, SuperMeat, Integriculture Inc., Aleph Farms, Finless Foods, Mission Barns, Lab Farm Foods, Future Meat Technologies, Avant Meats Company, Biofood Systems, Meatable, Redefine Meat, Vow Foods, and Modern Meadow. North America was the largest region in the cultured meat market in 2021. The regions covered in the global cultured meat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cultured meat market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global cultured meat market is segmented - 1) By Type: Poultry, Beef, Seafood, Pork, Duck 2) By Application: Nuggets, Sausages, Burgers, Hot Dogs, Meatballs, Others 3) By Distribution Channel: Hypermarkets, Food and Drink Specialty Stores, Convenience Stores, Online Retail, Others 4) By End-User: Household, Food Services

The meat products market consists of sales of meat products by entities (organizations, sole traders, and partnerships) that produce and process pork, beef, sheep and goats, birds, and other animals. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The main types of meat products are pork, mutton other meat products. The fresh or salted flesh of swine when dressed for consumption is referred to as PORK. The different types of products include chilled, frozen, canned/preserved, and has various natures such as organic, conventional. it is distributed through various channels such as supermarkets/hypermarkets, convenience stores, e-commerce, and others. The global meat products market size is expected to grow from $805.33 billion in 2021 to $879.16 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global meat product market size is expected to grow to $1195.42 billion in 2026 at a CAGR of 8%. The world population is growing and is expected to reach 10 billion by 2050. An increase in population creates more demand for food including meat products. According to “The Agricultural Outlook” by the OECD and FAO, global cereal production was projected to increase by 13% by 2027. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from the rising demand for meat products due to the rising population, during the forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the meat products manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the meat products manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Meat processing companies are adopting robotics and automation technology to maximize production efficiency. Robotic systems automate deboning, cutting, butchering, and monitoring processes in meat production. This decreases cycle times and increases throughput. Automation enables meat processing companies to improve plant conditions, reduce contamination, and make meat processing safer for workers as well as consumers. Robots can help manufacturers in transferring a wide range of meat and sausages from conveyor belts to trays at a rate of up to 240 cycles per minute. Plants with fixed automation systems increase yields by at least 2-3% over workers. For example, Image-Meater from CSB is a special hardware and software solution that fully classifies the sides of the pork automatically into different quality levels. Also, JBS, the world’s largest meat processor, has acquired a majority stake in Scott Technology Ltd., a leading robotics manufacturer, to automate its meat processing plants to capitalize on the growing demand for automation in meat processing plants. Major companies in the meat products market include JBS S.A., Tyson Foods Inc, Marfrig Global Foods, WH Group Limited, NH Foods Ltd., Danish Crown A/S, Wm Morrison Supermarkets plc, Vion Holding N.V., Hormel Foods Corp, and Alfa SA.B. de C.V. Asia Pacific was the largest region in the meat products market in 2021. North America was the second-largest region in the global meat market. The regions covered in the global meat products market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the meat products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The global meat products market is segmented - 1) By Type: Pork, Mutton Others 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others 3) By Product Type: Chilled, Frozen, Canned/Preserved 4) By Nature: Organic, Conventional

The poultry market consists of sales of poultry by entities (organizations, sole traders, and partnerships) that slaughter poultry and prepare processed poultry and meat byproducts. Poultry includes chickens, ducks, geese, rabbits, small game, and turkeys. Poultry processing is fully or semi-automated in most countries. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The main types of poultry are chicken, turkey, ducks, and other poultry. Duck is the common term for a variety of waterfowl species belonging to the Anatidae family. Ducks are smaller and have shorter necks than swans and geese, who belong to the same family. The different types of products include seasoned, frozen, ready-to-cook, ready-to-eat, and have various natures such as organic, conventional. It is distributed through various channels such as supermarkets/hypermarkets, convenience stores, e-commerce, and others. The global poultry market size is expected to grow from $318.58 billion in 2021 to $350.87 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global poultry market size is expected to grow to $493.21 billion in 2026 at a CAGR of 8.9%. The poultry manufacturing growth is aided by stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), the global GDP growth reached 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user poultry market, thereby driving poultry manufacturing during the forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the poultry manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the poultry manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Poultry processing companies are increasingly using 3D imaging systems to optimize yields. 3D imaging systems model the poultry bird using sensors and actuators to determine the position of the cut. The bird is put under the vision system, which takes the images and measurements and geometry is determined. Near-infrared sensors determine the amount of meat and bone present in the bird. Vision analysis enables the system to perform optimal cuts for each bird regardless of the size and shape. It is a data-driven process that maximizes the yield and minimizes per unit cost for poultry meat processing. Major companies involved in pioneering this technology include Gainco, meat, and poultry equipment manufacturer, and Midwest Machine LLC. Major companies in the poultry market include JBS S.A., Tyson Foods Inc, Pilgrim's Pride Corporation, Hormel Foods Corp, Sanderson Farms Inc, New Hope Liuhe Co. Ltd., BRF S.A., Maruha Nichiro Corporation, Marubeni, and Bell AG. Asia Pacific was the largest region in the poultry market in 2021. Western Europe was the second-largest region in the global poultry market. The regions covered in the global poultry market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the poultry market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The global poultry market is segmented - 1) By Type: Chicken, Turkey, Ducks, Others 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others 3) By Product Type: Seasoned, Frozen, Ready-to-Cook, Ready-to-Eat, Others 4) By Nature: Organic, Conventional

The seafood market consists of sales of seafood by entities (organizations, sole traders, and partnerships) that produce canned seafood, smoke, salt, and dry seafood, eviscerate fresh fish, shuck and pack fresh shellfish, process marine fats and oils, and/or frozen seafood. Establishments known as floating factory ships that gather and process seafood into canned seafood products are also included in this industry. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The main types of seafood are crustaceans, fish, and other seafood. A crustacean is a type of animal that lives in water and has a hard shell and multiple pairs of legs. Crustaceans include lobsters, shrimp, and crabs. The different types of products include frozen, dried, smoked, canned, and have both organic and conventional nature. It is originated from various sources such as marine, inland and is distributed through several channels including supermarkets/hypermarkets, convenience stores, e-commerce, others. The global seafood market size is expected to grow from $236.81 billion in 2021 to $262.81 billion in 2022 at a compound annual growth rate (CAGR) of 11.0%. The global seafood market size is expected to grow to $387.75 billion in 2026 at a CAGR of 10.2%. The world population is growing and is expected to reach 10 billion by 2050. An increase in population creates more demand for food. According to “The Agricultural Outlook” by the OECD and FAO, global cereal production was projected to increase by 13% by 2027. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products including the seafood manufacturing market due to the rising population, during the forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the seafood manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the seafood manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Fish processing establishments are using high-pressure processing (HPP) technology to improve operational efficiency. HPP is a non-thermal technology in which the fish is submerged in a liquid placed in a pressure vessel and uses pressures of about 6000 times the average air pressure at sea level to pasteurize fish meat. High-pressure processing replaces the need for heating fish produce and chemicals are used for fish preservation. It increases yield by 20-50% and saves processing time and costs. HPP effectively kills microbes and extends the shelf life of the processed fish by 2 to 4 times, without adversely affecting its freshness, flavor, color, texture, and nutritional value. HPP technologies developed by Avure Technologies and Food Science Australia are being widely used in fish processing. The Seafood Company, a Singapore-based company, is using HPP technology for seafood processing. Major companies in the seafood market include Mowi ASA, Thai Union Group PCL, Austevoll Seafood, Maruha Nichiro Corporation, Trident Seafoods Corporation., The Kraft Heinz Company, High Liner Foods, Young’s Seafood Ltd, Nichimo Co Ltd, and Nichirei Corporation. Asia Pacific was the largest region in the seafood market in 2021. Western Europe was the second-largest region in the global seafood market. The regions covered in the global seafood market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the seafood market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The global seafood market is segmented - 1) By Type: Crustaceans, Fish, Others 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others 3) By Product Type: Frozen, Dried, Smoked, Canned, Others 4) By Nature: Organic, Conventional 5) By Source: Marine, Inland

The plant-based meat market consists of sales of plant-based meat and related services. Plant-based meat is prepared from plants and is similar to the conventional meat in appearance and taste. It is available in the form of a burger patty, crumbles, nuggets, and sausages. The plant-based meat is produced using ingredients such as wheat gluten, lentils, yuba, tofu, soybeans, and a variety of nuts. The main product types of plant-based meat are burger patties, sausages, strips, nuggets, meatballs, and others. Sausage is a meat product made of finely chopped and seasoned meat that can be fresh, smoked, or pickled, and which is then usually stuffed into a casing. The various sources of plant based meat are soy, wheat, pea, and others. Plant-based meat products are distributed through grocery stores, food & drinks specialty stores, convenience stores, restaurants and online stores. The global plant-based meat market size is expected to grow from $4.82 billion in 2021 to $5.13 billion in 2022 at a compound annual growth rate (CAGR) of 6.4%. The plant-based meats market is expected to grow to $6.59 billion in 2026 at a CAGR of 6.5%. Increasing consumer awareness associated with the benefits of vegetarian diets is projected to contribute to the growth of the plant-based meat market. Vegetarian diets offer various benefits such as low insulin levels, decreased rate of heart diseases, and improved kidney functions. According to Vegconomist, the vegan business magazine article published in July 2019, plant-based meat contains lower levels of cholesterol, saturated fat, and calories in comparison with animal-based meat. Moreover, rising consumer awareness on animal rights through global welfare organizations such as Animal Aid Unlimited (AAU) and People for the Ethical Treatment of Animals (PETA) is to boost the demand for plant-based meat products, which in turn, is predicted to uptake the revenues of plant-based meat market over the forecast period. The high prices of plant-based meat products in comparison with regular meat products is a major restraint for the growth of the plant-based meat market. The major players dealing in plant-based meat products are Beyond Burger and Impossible Burger. At Whole Foods, an America-based multinational supermarket chain, the retail price of Beyond Burger is USD 12 a pound, whereas regular ground beef burger costs for less than half, i.e., USD 5 a pound. Thus, the differences in the prices of plant-based meat products and regular meat products are predicted to hinder the growth of the market over the upcoming years. The increasing launch of new innovative products that are made from plant-based meat is a major trend in the plant-based meat market. For instance, in June 2019, the world’s largest meat producer announced the sales of preprotein made nuggets at grocery stores as a part of a new brand, Raised & Rooted that is engaged in selling blended and plant-based meat products. Moreover, in June 2019, a leader in plant-based meat announced the launch of its new product, Beyond Beef. Beyond Beef is new plant-based ground meat prepared without GMOs, gluten or soy designed to deliver meaty texture, juiciness, and the same versatility of traditional beef. In April 2021, Brazilian based JBS SA, a meat processing company, announced that it will acquire Vivera, a European plant-based food company, for €341 million ($410 million). The deal includes three manufacturing facilities and a research and development center located in the Netherlands. This acquisition is an important step to strengthen JBS SA global plant-based protein platform, for the same Vivera will give JBS a stronghold in the plant-based sector, with technological knowledge and capacity for innovation. Vivera produces a range of plant-based meat replacement products and these products are distributed to retailers in more than 25 countries across Europe. Major players in the plant-based meat market are Amy’s Kitchen, The Vegetarian Butcher, Maple Leaf Foods, Beyond Meat, Impossible Foods, Greenleaf Foods, Hungry Planet, Next Level, Abbots Butcher. Asia-Pacific was the largest region in the plant-based meat market in 2021. Western Europe was the second-largest region in the plant-based meats market. The regions covered in the meat substitutes market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plant-based meat market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global plant-based meat market is segmented - 1) By Product Type: Burger Patties, Sausages, Strips, Nuggets, Meatballs, Others 2) By Source: Soy, Wheat, Pea, Others 3) By Distribution Channel: Grocery Stores, Food and Drinks Specialty Stores, Convenience Stores, Restaurants, Online Stores

The organic poultry market consists of organic poultry products and related services used to raise poultry birds. Organic poultry birds such as boiler, organic layer hens are fed organic feed or non-synthetic diet and are raised in an open environment protected from climatic extremities. Organic poultry is consumed in various food processing units, restaurants, eateries, animal compounds, and households. Organic poultry does not involve the use of antibiotics, hormones and feed made from other animal parts. The main product type are eggs, and meat products. Meat products are products in which the fresh meats is subjected to one or more processing procedures, including comminution, dehydration, fermentation, curing or cooking, among others. The various processing type are fresh, frozen, and processed. The end users of organic poultry are households, and food services and various distribution channels are supermarkets, specialty store, online sales and others. The global organic poultry market size is expected to grow from $9.24 billion in 2021 to $9.85 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The organic poultry market is expected to grow to $12.74 billion in 2026 at a CAGR of 6.6%. Consumer awareness about the health benefits of organic food including organic poultry has seen a significant increase and is driving the organic poultry market in a positive direction. Organic poultry is rich in vitamins, omega-3 fatty acids and offer high nutritional value. Thus, more awareness of the health benefits of organic food including organic poultry among the consumers increases the demand for organic poultry. According to the U.S. Department of Agriculture (USDA), the total sales of organic boiler in the USA was more than $749 million followed by $83 million sales of organic turkey. Also, more than 19.5 million organic broilers and 15.7 million organic layers were raised in USA. With an increase in consumer awareness in organic food, there is a developing potential that would drive the growth of organic poultry market. High cost to the consumer is one of the reasons for organic poultry's differential demand. The high cost to the customers is attributed by factors such as lack of organic feed, land availability, and high maintenance costs. Further, disease outbreaks in poultry birds resulting in producers to loose birds creates a differential supply and demand in organic poultry market, resulting in increased cost to customers. As reported by the United States Department of Agriculture (USDA), owing to seasonal demands and disease outbreaks between 2004-2010, organic eggs accounted for the largest price fluctuations. With fluctuations in prices, the average consumer's spending was increased by an average of 59.4% for organic poultry. Hence the high cost due to price instability is restraining the market potential for organic poultry. To meet the ever-increasing need for improved and more efficient organic poultry services, companies operating in organic poultry market are rapidly adopting new market dynamics and focusing primarily on enhancing technologies to address the rising demand of safe and improved poultry services. For instance, in 2019, Transport Genie Ltd., a Canadian company involved in transportation of animals partnered with Prodavi SA, an integrated poultry company based in Switzerland, to conduct field trials using Transport Genie smart sensors on poultry transport trucks. Transport Genie smart sensors monitors micro-climate conditions of live poultry during the transport of livestock from farm to their destination with real-time alerts and uses blockchain technologies to keep an electronic record of activities throughout the transportation value chain. The transport genie sensors ensure the safety of poultry during the transit across Canada, improving the productivity in the organic poultry market. In August 2021, Cargill and the Continental Grain Company acquired chicken producer Sanderson Farms. With this acquisition Cargill is focused on expanding its poultry operations to the US. Upon completing the transaction, Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms – a subsidiary of Continental Grain – to form a new, privately held poultry business. According to Cargill, this deal will create a US poultry company with a high-quality asset base and complementary operating cultures. In addition to this in October 2021, LDC Group, Europe based leading poultry Processor Company, announced acquisition of a majority stake in Wales-based peer Capestone organic poultry. With this acquisition, the LDC Group will be able to provide its expertise in premium poultry market. Major players in the organic poultry market are Tyson Foods, Tecumseh Poultry LLC, Bell & Evans, Hain Celestial, Fosters Farm, Bostock’s Organics, Riverford Organic Farms, Cargill Meat Solutions, SUN DAILY, Hubei Shendi Agricultural Science. Asia Pacific was the largest region in the organic poultry market in 2021. Western Europe was the second-largest region in the organic poultry market. The regions covered in the organic poultry market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the organic poultry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global organic poultry market is segmented - 1) By Product Type: Eggs, Meat Products 2) By Processing Type: Fresh, Frozen, Processed 3) By End-User: Households, Food Services 4) By Distribution Channel: Supermarkets, Specialty Store, Online Sales, Others

The organic meat market comprises of revenue generated by establishments that produce organic meat products obtained from livestock raised in an organic system. Organic meat is obtained from livestock raised on certified organic land and fed 100% organic feed without any antibiotics or added growth hormones. The main product type are beef, pork, mutton, poultry and others. Beef is type of meat from cattle and is exceptionally rich in high-quality protein, vitamins, and minerals. The organic meat products are available as chilled, frozen, and canned/preseved. The organic meat products are distributed through super/hyper market, online retailers, meat shop, health and natural food stores, and others. The global organic meat products market size is expected to grow from $15.44 billion in 2021 to $16.85 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The organic meat market size is expected to grow to $23.88 billion in 2026 at a CAGR of 9.1%. The increasing inclination of consumers towards organic products is anticipated to boost the demand for organic meat products market. This can be attributed to the growing health concerns among consumers and increasing awareness about the health benefits associated with the consumption of organic products. According to The Organic Trade Association, the USA sales for organic food products reached $50.1 Billion in 2019, recording an increase of 4.6% as compared to the previous year. Organic meat has gained importance in recent years, and the rising demand for organic food is projected to drive the demand for organic meat products over the forecast period. The prices of organic meat products are comparatively higher than that of conventional meat products and this factor is likely to hinder the growth of the market. The premium price reflects the higher prices involved in raising the livestock in an organic system without the use of any synthetic chemicals, antibiotics, or growth hormones. The organic meat production process is expensive, takes more time, and is labor-intensive. Additionally, producers impose price premiums on the 'on-demand' products to gain an advantage. However, the price premium often decreases the affordability of organic food products, thus hindering the organic meat products market growth. Major players operating in the market are launching new innovative products to meet the consumer requirements for taste preferences and healthy eating. In March 2019, Applegate, the leading natural and organic meat company, announced the launch of the company’s new products at Natural Products Expo West 2019. The new line of products includes The Great Organic Blend Burger, Applegate Organics, and others. In May 2019, Perdue Premium Meat Company Inc., an industry leader in humane animal care and sustainable agriculture announced the acquisition of Panorama Meats, the largest producer of 100% organic beef for an undisclosed amount. The acquisition is aimed towards expanding the company’s product portfolio and global presence. Major players in the organic meat products market are Coolanowle Organics, Arcadian Company, Danish Crown, Tyson Foods, Inc., Perdue Farms, Inc., Pilgrim's, Foster Farms, Meyer Natural Foods, JBS S.A., Foster Farms, Eversfield Organic. Asia Pacific was the largest region in the organic meat products market in 2021. North America was the second-largest region in the organic meat product market. The regions covered in the organic meat products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global organic meat products market is segmented - 1) By Product Type: Beef, Pork, Mutton, Poultry, Others 2) By Distribution Channel: Super/Hypermarket, Online Retailers, Meat Shop, Health and Natural Food Stores, Others 3) By Type: Chilled, Frozen, Canned/Preserved