Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Organic meat is a kind of meat product which is produced by feeding livestock on 100 percent organic food. Owing to the growing concerns in quality of meat and deceptive labelling of meat products along with the organic meat health benefits, the organic meat market is anticipated to grow with a significant CAGR during the forecast period, i.e., 2020-2028. The market is segmented by distribution channel into supermarkets, retail stores, specialty stores, and organic stores. On the basis of distribution channel, the segment for supermarket is anticipated to hold the leading share in the organic meat market. This can be attributed to the ability of supermarkets and hypermarkets in managing supply chain and distribution of their products efficiently.
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Based on the regional analysis, the organic meat market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America is predicted to hold the largest share on account of increasing demand for organic meat from health conscious people as a result of its chemical free nature along with its high quality and nutritional value, as well as for the presence of leading market players in the region.
Degrading Quality of Conventional and Synthetic Products To Boost The Market Growth
The strains of pathogens on raw beef trim can act as an emerging threat to foodborne illness diseases and human health as per the U.S. Department of Agriculture (USDA).
There is a rising concern in recent years over authenticity and deceptive labelling in various food segments, particularly in meat products. Further, presence of chemical fertilizers and pesticides stains during the manufacturing of processed meat can have serious health hazards. This has led to high demand of organic meat. Additionally,several health benefitsand nutritional values owing to presence of high amount of omega-3 fatty acids and amino acidsas well as lower concentrations of saturated fats in organic meatis anticipated to increase the market growth over the forecast period.
However, with the advent of ongoing vegan lifestyle coupled with the limited information about the authenticity of organic meat is estimated to hamper the market growth.
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This report also provides the existing competitive scenario of some of the key players of the global organic meat market which includes company profiling of Foster Farms, Perdue Farms, Eversfield Organic Ltd., Swillington Organic Farm Ltd., Arcadian Organic & Natural Meat Co. Pty Ltd., Tyson Foods, Inc. (NYSE:TSN), Meyer Natural FoodsLLC, Neat Meats and Organic Prairie. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global organic meat market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.
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