Organic Meat Market Set for 7.95% CAGR Surge, Reaching USD 37.39 Billion by 2031 | SkyQuest Technology

/EIN News/ -- Westford, USA, July 19, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the organic meat market will attain a value of USD 37.39 billion by 2031, with a CAGR of 7.95% over the forecast period (2024-2031). Growing health consciousness around the world and the adoption of sustainable farming practices are projected to bolster the demand for organic meat over the coming years. Increasing awareness regarding the benefits associated with the consumption of organic meat will also create new opportunities for organic meat companies.

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Browse in-depth TOC on "Organic Meat Market" 

•  Pages - 198
•  Tables - 64
•  Figures – 77
  

Organic Meat Market Overview:

Report Coverage	Details
Market Revenue in 2023	$ 20.27 Billion
Estimated Value by 2031	$ 37.39 Billion
Growth Rate	Poised to grow at a CAGR of 7.95%
Forecast Period	2024–2031
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Meat Type, Product Type, Distribution Channel, and Region
Geographies Covered	North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights	Updated financial information / product portfolio of players
Key Market Opportunities	Use of regenerative organic practices
Key Market Drivers	Rising incidence of meat contamination and growing emphasis on improving food quality

Organic Beef is Estimated to Remain the Most Popular Type of Meat Owing to its High Nutritional Content

Beef consumption is already high in most parts of the world and is increasing rapidly in others. The high nutritional value of beef with better protein and mineral content is what helps this segment hold a prominent market share. The growing preference of people for organic beef instead of traditional beef is what is helping this segment bring in major revenue for organic meat companies. 

Demand for Organic Meat Through Online Channels is Surging Owing to Rapidly Expanding E-Commerce Industry

Ease of access and fast delivery times are key benefits that are helping online distribution channels to gain prominence. Busy lifestyles and a high preference for online shopping among consumers will also help this segment expand at a rapid pace over the coming years. Increasing internet penetration will also aid this segment’s expansion going forward. 

High Consumption of Meat and Growing Popularity of Organic Products are Helping North America Lead Global Demand

North America is one of the top consumers of meat in the world and this is why it is automatically an opportune space for organic meat providers. The high spending potential of consumers in this region and the growing availability of organic meat products will also help North America maintain its dominance. The United States and Canada are key markets for organic meat suppliers looking to make a mark in this region. 

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Organic Meat Market Insights:

Drivers

• Rising ethical concerns regarding animal husbandry
• Growing adoption of sustainable practices in livestock farming
• Increasing health consciousness among consumers

Restraints

• High costs of production as compared to traditional meat
• Complex regulatory compliance procedures
• Limited awareness regarding the benefits of organic meat
  

Prominent Players in Organic Meat Market
The following are the Top Organic Meat Companies

•  Tyson Foods Inc.  
•  Perdue Farms  
•  JBS S.A.
•  Pilgrim's Pride Corporation  
•  Hormel Foods Corporation  
•  Applegate Farms LLC  
•  Danish Crown A/S
•  Verde Farms  
•  Organic Prairie  
•  Coleman Natural Foods LLC 

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Key Questions Answered in Organic Meat Market Report

• What drives the global organic meat market growth?

• Who are the leading organic meat providers in the world?

• Which region leads the demand for organic meat in the world?

This report provides the following insights:

• Analysis of key drivers (growing health consciousness among consumers, adoption of ethical and sustainable animal husbandry practices), restraints (complex certification and regulatory framework, lack of awareness regarding benefits of organic meat, high costs of organic meat products), and opportunities (use of regenerative organic practices), influencing the growth of Organic Meat market.
• Market Penetration: All-inclusive analysis of product portfolio of different market players and status of new product launches.
• Product Development/Innovation: Elaborate assessment of R&D activities, new product development, and upcoming trends of the Organic Meat market. 
• Market Development: Detailed analysis of potential regions where the market has potential to grow. 
• Market Diversification: Comprehensive assessment of new product launches, recent developments, and emerging regional markets. 
• Competitive Landscape: Detailed analysis of growth strategies, revenue analysis, and product innovation by new and established market players.

Related Reports:

Plant-Based Meat Market

Organic Baby Food Market

Organic Food And Beverages Market

Cultured Meat Market

Food Safety Testing Market

About Us:
SkyQuest Technology is a leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 

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