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The Meat, Poultry And Seafood Market Sees Cultured Meat Gaining Popularity Among Consumers - By The Business Research Company
The global meat, poultry and seafood market size grew from $1.36 trillion in 2021 to $1.47 trillion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The Russia - Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The meat, poultry and seafood market is expected to grow to $1.84 trillion in 2026 at a CAGR of 5.7%.
As per the meat, poultry and seafood market overview, the increased demand for quality and sustainability will support the growth of the meat, poultry, and seafood market. A growing group of consumers is prepared to spend more on meat from animals that have been kept in better conditions. Sales of meat from free-range and organic chickens are on the rise, and the same trend can be seen with free-range and organic eggs.
Climate change and global warming are expected to moderately affect the meat, poultry and seafood market during the forecast period. An increase in animal agriculture for meat production releases a high amount of methane gas which contributes to global warming. Following this, several government organizations raised awareness on the harmful effects of animal agriculture to meet the demand for meat, urging people to switch to vegetarian diet forms.
The global meat, poultry and seafood market analysis is segmented -
Meat Products Global Market Report 2022 – By Type (Pork, Mutton Other Meat Products), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels), By Product Type (Chilled, Frozen, Canned/Preserved), By Nature (Organic, Conventional)– Market Size, Trends, And Global Forecast 2022-2026
Seafood Global Market Report 2022 – By Type (Crustaceans, Fish, Other Seafood), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels), By Product Type (Frozen, Dried, Smoked, Canned, Other Product Types), By Nature (Organic, Conventional), By Source (Marine, Inland) – Market Size, Trends, And Global Forecast 2022-2026
Organic Poultry Global Market Report 2022 – By Product Type (Eggs, Meat Products), By Processing Type (Fresh, Frozen, Processed), By End-User (Households, Food Services), By Distribution Channel (Supermarkets, Specialty Store, Online Sales, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2022-2026
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The Business Research Company's flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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