Meat Meals and Pellets Market

Meat meals and pellets market: download the most recent statistics powered by an Ai-driven business intelligence platform. Datasets contain market prices, production, market size, consumption, imports, trade, companies, and exports. Here is a breakdown by country, including China, the U.K., the Middle East, Latin America, Russia, Africa, EU, and the U.S. Market insights and outlook to 2030 are also provided in the dashboards.

Need Meat Meals and Pellets Market data? GET FREE ACCESS

Meat Meals and Pellets - World's Largest Markets

In value terms, China, the United States and India were the countries with the highest levels of market value in 2021, with a combined 36% share of the global market. Brazil, Nigeria, Japan, Pakistan, Bangladesh, Indonesia, Russia, Mexico, South Korea and Ethiopia lagged somewhat behind, together accounting for a further 25%.

Mexico saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while meat meals and pellets market for the other global leaders experienced more modest paces of growth.

Meat Meals And Pellets Prices

Meat Meals and Pellets - Top Importers

In value terms, the largest meat meals and pellets importing markets worldwide were Indonesia ($248M), China ($237M) and Vietnam ($235M), together accounting for 27% of global imports. Mexico, the Philippines, Thailand, Germany, the Netherlands, France, Italy, Chile, the United States and Hungary lagged somewhat behind, together comprising a further 45%.

Mexico (+84.7% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Meat Meals and Pellets - Top Exporters

In value terms, the United States ($671M) remains the largest meat meals and pellets supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by Germany ($191M), with a 6.9% share of global exports. It was followed by Spain, with a 6.5% share.

From 2019 to 2021, the average annual growth rate of value in the United States amounted to +18.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+18.1% per year) and Spain (+20.2% per year).

Meat Meals and Pellets - Market Forecast

Driven by increasing demand for meat meals and pellets worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Meat Meals and Pellets - Product Coverage

• HS 230110 - Flours, meals and pellets; of meat or meat offal, greaves