Meat Market

Meat market: download the latest datasets secured by an Ai-driven market research platform. Data include trade, production, imports, market size, market prices, exports, companies, and consumption. Here is a breakdown by region, including Latin America, China, Russia, the U.S., Africa, the U.K., the Middle East, and EU. Market insights and outlook to 2030 are also provided in the snapshots.

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Meat - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Brazil.

In China, the meat market contracted by an average annual rate of -1.5% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+1.1% per year) and Brazil (+3.2% per year).

Meat Prices

Meat - Top Importers

In value terms, China ($22B) constitutes the largest market for imported meat worldwide, comprising 23% of global imports. The second position in the ranking was occupied by the United States ($8.4B), with a 8.8% share of global imports. It was followed by Japan, with a 8.4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to +72.4%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (+4.6% per year) and Japan (-1.8% per year).

Meat - Top Exporters

In value terms, the United States ($12.5B), Australia ($9.4B) and Brazil ($9B) appeared to be the countries with the highest levels of exports in 2020, together comprising 33% of global exports. These countries were followed by Spain, the Netherlands, Germany, New Zealand, Canada, Denmark, India, Poland, Belgium and France, which together accounted for a further 46%.

Spain recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Meat - Market Forecast

Driven by rising demand for meat worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Meat - Top Companies

JBS S/A, Tyson Foods, Inc., Inner Mongolia Xilin Guole Meat Foodstuffs Co., Ltd., Micarna SA, Rudolf Schär AG, Mérat & Cie. AG, Tyson Fresh Meats, Inc., Jbs USA Holdings, LLC, NH FOODS LTD., Smithfield Foods, Inc., Pilgrim's Pride Corporation, BRF S/A, Hormel Foods Corporation, Henan Shuanghui Investment and Development Co., Ltd., Jbs USA Food Company, Ernst Sutter AG, SULAI AG, Seaboard Corporation, Perdue Farms Inc., Marfrig Global Foods S/A.

Meat - Product Coverage

• HS 020311 - Meat; of swine, carcasses and half-carcasses, fresh or chilled
• HS 020312 - Meat; of swine, hams, shoulders and cuts thereof, with bone in, fresh or chilled
• HS 020319 - Meat; of swine, n.e.s. in item no. 0203.1, fresh or chilled
• HS 020321 - Meat; of swine, carcasses and half-carcasses, frozen
• HS 020322 - Meat; of swine, hams, shoulders and cuts thereof, with bone in, frozen
• HS 020329 - Meat; of swine, n.e.s. in item no. 0203.2, frozen
• HS 020450 - Meat; of goats, fresh, chilled or frozen
• HS 0205 - Meat; of horses, asses, mules or hinnies, fresh, chilled or frozen
• HS 020810 - Meat and edible meat offal; of rabbits or hares, fresh, chilled or frozen
• HS 020410 - Meat; of sheep, lamb carcasses and half-carcasses, fresh or chilled
• HS 020421 - Meat; of sheep, carcasses and half-carcasses (excluding carcasses and half-carcasses of lamb), fresh or chilled
• HS 020422 - Meat; of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled
• HS 020423 - Meat; of sheep (including lamb), boneless cuts, fresh or chilled
• HS 020430 - Meat; of sheep, lamb carcasses and half-carcasses, frozen
• HS 020441 - Meat; of sheep, carcasses and half-carcasses (excluding carcasses and half-carcasses of lamb), frozen
• HS 020442 - Meat; of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), frozen
• HS 020443 - Meat; of sheep (including lamb), boneless cuts, frozen
• HS 020830 - Meat and edible meat offal; of primates, fresh, chilled or frozen
• HS 020840 - Meat and edible meat offal; of whales, dolphins and porpoises (mammals of the order Cetacea); of manatees and dugongs (mammals of the order Sirenia); of seals, sea lions and walruses (mammals of the suborder Pinnipedia), fresh, chilled or frozen
• HS 020850 - Meat and edible meat offal; of reptiles (including snakes and turtles), fresh, chilled or frozen
• HS 020860 - Meat and edible meat offal; of camels and other camelids (Camelidae), fresh, chilled or frozen
• HS 020890 - Meat and edible meat offal; n.e.s. in chapter 2, fresh, chilled or frozen
• HS 020110 - Meat; of bovine animals, carcasses and half-carcasses, fresh or chilled
• HS 020120 - Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled
• HS 020130 - Meat; of bovine animals, boneless cuts, fresh or chilled
• HS 020210 - Meat; of bovine animals, carcasses and half-carcasses, frozen
• HS 020220 - Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen
• HS 020230 - Meat; of bovine animals, boneless cuts, frozen

Source: IndexBox Market Intelligence Platform