Europe Edible Meat Market Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Europe Edible Meat Market Forecast (2024 - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

EUROPE EDIBLE MEAT MARKET INTRODUCTION

Flesh foods are typically classified as meat, poultry, or fish. Edible meat comprises all red meats from animal sources, although the only ones usually obtainable are beef, pork, and lamb(mutton). Poultry is the universal term for turkey, chicken, and duck. Edible meat by-products have been established to be a source of essential nutrients like amino acids, and among them, proteins of the internal organs have higher biological value. Internal organs include the liver, kidneys, heart, and other sections.

EUROPE EDIBLE MEAT MARKET SIZE AND GROWTH

The Europe edible meat market was valued at $xx billion in 2021 and is expected to reach $xx billion by 2029, growing at a CAGR of around xx% during the forecast period. The edible meat market in Europe has experienced tremendous growth within the last decade. Amongst the European region Russian market is projected to witness stable growth over the forecast period. Shifts in consumer patterns towards lower beef and pork intake compose the major factor defining market sustainability. Consumers focus more on manufacturing process sustainability, especially animal welfare, and the environmental market is growing during the forecast period. Moreover, the rising demand for poultry and sheep meat will be lacking to neutralize the whole market dynamic. Despite these drivers, stringent regulations and inconsistent standards around the European region, growing competition, and fluctuating raw material prices are some major restraints hampering the market growth.

COVID –19 IMPACT ON EDIBLE MEAT MARKET

In 2020, during the covid-19 pandemic, the Europe edible market had impacted the edible meat production, processing, consumption and supply chain due to lockdowns and strings taken by various governments. Food and beverage production relies on providing raw materials from domestic and international vendors. As

Europe Edible Meat Market Forecast (2024 - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
many governments limited the movement of goods throughout the countries and regionally, manufacturers had to cease manufacturing due to a lack of raw materials. Additionally, restraints on exchanging dispensable goods and concern of infection through manufacturing conveniences provided the diminishing.

EUROPE EDIBLE MEAT MARKET SEGMENTS SHARE

The Europe edible meat market is segregated based on product type, product form, distribution channel, and geography. Based on product type, the market is categorized into beef, mutton(lamb), pork, poultry and other meat. The pork segment is estimated to witness the highest CAGR during the forecast period. Pork is the leading type of meat consumed in Europe. Despite that, lower stiff prices and the possibility of additional African swine fever (ASF) explosion in central Europe may restrain the market. The other segment is also the fastest-growing meat segment in the European region.

Based on distribution channels, the Europe meat market is categorized into convenience stores, online channels, supermarkets and hypermarkets, and others. Among these, the hypermarkets and supermarkets segment is estimated to witness the highest CAGR during the forecast period. Supermarkets and hypermarkets are the major distributors of edible meat. Hypermarkets and supermarkets offer a wide variety of edible meat products to their consumers at a single stop.

Based on geography, the Europe edible meat market is categorized into U.K, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland and Others. Amongst European countries, Russia holds a significant market share in the overall market during the forecast period. The subsided development can be responsible for the tendency to concentrate meat consumption in European countries. European consumers esteem meat as a consummate meal and a good source of nutrition. Some consumers also are convinced that plant-based foods are too expensive

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Europe Edible Meat Market Forecast (2024 - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
and inconvenient to cook.

EUROPE EDIBLE MEAT MARKET TRENDS

  • In June 2022, Hormel Foods launched brand new product that is HORMEL NATURAL CHOICE sandwich pepperoni. The product is free from preservatives, nitrates or nitrites.
  • In March 2022, Corando, the artisan of classic Italian meats, enlarged its contribution with the launch of sweet Italian sausage using Cornado’s time-honored recipe, the new dinner links are prepared with 100% pork and blended with Italian herbs and spices to deliver a complex, robust, and authentic taste.

EUROPE EDIBLE MEAT MARKET RESEARCH REPORT INCLUDE

  • An executive summary condenses the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have a complete market analysis through industry value chain analysis, porter’s five, PESTLE, SWOT analysis and Y-O-Y analysis.
  • Regional and global diversity is analyzed with the major countries and the unions scrutinizing the revenue generation on a year-on-year basis.
  • Identifying DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
  • Expertise investment opportunities by analyst to the individual and organization to have better foothold in the market.
  • Identify the latest developments in market shares and strategies that are employed by the major market players such
  • Cargill incorporated
  • Hormel foods corporation
  • Tyson foods Inc.
  • Vion Group
  • WH group limited

Along with these companies, there were many other companies considered/cited in the report while analyzing the edible meat market. These companies hold substantial shares owing to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Another player has considerable presence owing to its robust brand image, geographical reach, and strong customer base.

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