Global Free Range Meat Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2021 –2028 |
Market Size (Base Year) |
USD 110.30 Billion |
Market Size (Forecast Year) |
USD 156.85 Billion |
CAGR |
|
Major Markets Players |
Global Free Range Meat Market, By Meat (Beef, Chicken, Pork, Lamb, Fish and Others), End-Use (Food and Beverage Industry and Lab Testing), Application (Industrial and Commercial), Distribution Channel (B2B, B2C, Hypermarket/Supermarket, Grocery Stores, Retail Stores, Online and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Free Range Meat Market
Data Bridge Market Research analyses that the global free range meat market will project a CAGR of 4.50% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, growing focus on innovations in the food and beverages sector, rising consumer consciousness towards high protein food and beverage products, surging consumption of meat and meat related products and increasing personal disposable income by the major companies are the major factors attributable to the growth of free range meat market. Therefore, the market value, which was USD 110.30 billion, would rocket up to USD 156.85 billion by 2028.
Free range meat is an extension of animal husbandry, where the animals, rather being confined in an enclosed area, can roam around freely on the outdoors. Free range meat is the healthiest kind of meat for humans and tastes better than grain-fed beef. Free range animals have more exposure to other animals and enjoy finer feeds. As a result, the free range meat has a higher proportion of key nutrients like Omega-3s and B vitamins.
Rising personal disposable income and growing consumer consciousness towards advantages of animal husbandry and free range animal breeding are the major factors fostering the growth of the market. Changing lifestyle, westernization, rising research and development initiatives taken by major companies especially in the developing economies and ever-rising global population are acting as market growth determinants. Improving distribution channel, rising awareness in regards to maintaining food safety, stringent regulations imposed by the government on maintaining the food quality, surging demand for convenience and frozen foods and changing tastes and preferences of consumers will further induce growth in the market value.
However, ever-rising vegan population around the globe and rising concerns related to animal poaching will pose a major challenge to the growth of the market. Fluctuations in the prices of raw materials and supply chain disruptions owing to the pandemic will further restrict the scope of growth for the market. Growing prevalence of animal diseases and rise in the cost of research and development activities will also hamper the market growth rate.
This free range meat market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on free range meat market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Free Range Meat Market Scope and Market Size
The free range meat market is segmented on the basis of meat, end-use, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on meat, the free range meat market is segmented into beef, chicken, pork, lamb, fish and others.
- Based on end-use, the free range meat market is segmented into food and beverage industry and lab testing.
- Based on application, the free range meat market is segmented into industrial and commercial.
- Based on distribution channel, the free range meat market is segmented into B2B, B2C, hypermarket/supermarket, grocery stores, retail stores, online and others.
Free Range Meat Market Country Level Analysis
The free range meat market is analyses and market size, volume information is provided by country, meat, end-use, application and distribution channel as referenced above.
The countries covered in the free range meat market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the free range meat market and will continue to flourish its trend of dominance during the forecast period owing to the well-established food production, increase in the market developments and increase in the research and development initiatives taken by major companies. Asia-Pacific is set to register the a high growth rate during the forecast period and score the highest CAGR owing to the increasing awareness about the benefits of free range meat, rising westernization, changing lifestyle, and increasing personal disposable income.
The country section of the free range meat market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Free Range Meat Market Share Analysis
The free range meat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to free range meat market.
Some of the major players operating in the free range meat market are Fonterra Co-operative Group Limited, FrieslandCampina, Dow., DuPont, Kerry Group., DSM, Chr. Hansen A/S, Novozymes, ADM, Cargill, Incorporated, Roquette Frères, Danisco A/S, APC, Inc., Givaudan, BRF Global., NEOGEN CORPORATION, Meioh Bussan Co., Ltd., HACO AG, Kanegrade and Merck KGaA among others..
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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