Organic Meat Market
The Organic Meat Market was valued at USD 14,380 Million in 2019 and predicted to expand at a CAGR of 8.6% over the forecast period (2020-2027).
The factors driving the growth of Organic Meat Market includes rising consumers inclination towards adopting healthy lifestyles, rapid increase in the organic farming practices around the world and growing concerns about meat quality. Moreover, the increasing meat-eating population across the globe and rising consciousness about the negative effects of consuming synthetic chemical food products, are some of the key factors augmenting the market growth. According to the data available at Statista, the Global Meat Consumption has significantly increased since 1990, almost reaching to 324 million metric tons in 2020, by weight Poultry Meat segment emerged as the most consumed meat, which is expected to supplement the Organic Meat Market size in the coming years. In addition, the increasing Government support for enhancing the production of organic meat, is expected to boost the demand for organic meat in the near future.
However, the growth of Organic Meat Market is hindered due to increasing vegan population, as per the report published by The Guardian, a 40% rise in the vegan population was observed in 2020, reaching to the total of 1.5 million.
The prominent players operating in the market are Swillington Organic Farm, Leverandørselskabet Danish Crown AmbA, Tyson Foods, Inc., JBS S.A., Perdue Farms, Verde Farms, Foster Farms, Eversfield Organic Ltd., DuBreton and Meyer Natural Foods among others.
Type – Segment Analysis
Based on type, the organic poultry segment is predicted to capture a sizeable market share over the forecast period owing to increasing consumption of turkeys, chickens, and eggs, primarily in the residential areas.
Distribution Channel – Segment Analysis
Based on distribution channel, the online retailing segment is expected to grow at a faster CAGR during the forecast period owing to increasing demand for organic meat through e-commerce platforms and smartphone applications.
Regional – Segment Analysis:
Based on the region, North American region in anticipated to capture a significant market share over the forecast period. The growing adoption of organic farming practices, rising concerns about meat quality, presence of leading players such as Tyson Foods and high per capita income, are some of the important factors influencing the growth of North America. As per Organic Trade Association, the organic food sales have significantly increased in the United States to reach around $50.1 Billion in 2019, 4.6% jump as compared to 2018.
Global Organic Meat Market by Type
Global Organic Meat Market by Distribution Channel
- Hypermarkets Supermarkets
- Specialty Stores
- Online Retailing
- Retail Departmental Stores
Global Organic Meat Market by Region
- Asia Pacific
- Rest of APAC
- North America
- United States of America
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
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