Opportunities in the Global Meat Sector: Analysis of Opportunities Offered by High Growth Economies
|出版日||ページ情報||英文 160 Pages
|世界の食肉産業における市場機会：高成長経済圏が示す市場機会の分析 Opportunities in the Global Meat Sector: Analysis of Opportunities Offered by High Growth Economies|
|出版日: 2019年04月09日||ページ情報: 英文 160 Pages||
世界の食肉産業は2016年から2021年にかけて2.4%のCAGR (年間複合成長率) で推移し、2016年の9093億米ドルから、2021年には1兆米ドルの規模に達すると予測されています。世界経済の改善や世界人口の増加に伴う食肉消費量の拡大などの要因が、引き続き同市場の主な成長推進因子となるでしょう。
The global meat sector was valued at US$945.7 billion in 2018 and is forecast to record a CAGR of 3.9% during 2018-2023 to reach US$1,142.9 billion by 2023. Americas represented the largest regional market with a value share of 31.5% in the global meat sector in 2018 and it is also forecast to record the fastest value CAGR of 4.6% during 2018-2023. Improving worldwide economies and rising consumption of meat from an expanding global population, will continue to be major drivers for the global meat sector. Fresh meat (counter) represented the largest market with a value share of 42.1% in 2018.
The value share of the global meat sector as a percentage of the overall food industry will witness decline during 2013-2022, despite growth in absolute terms. This trend is largely attributed to health and environmental reasons, with growing preference among consumers for plant-based diets and other meat substitutes. Among the five regions, Asia-Pacific and Middle East & Africa will witness a decline in the value share of meat during the same period, which can be attributed to the strong demand for other food sectors such as savory snack in Asia-Pacific and prepared meals in Middle-East & Africa.
High-potential countries identified for 2018-2023 include Hong Kong, Indonesia, Brazil, Mexico, Canada, Portugal, Germany, Czech Republic, Poland and Egypt. The ten high-potential countries accounted for a combined value share of 20.6% in 2018. Hong Kong is expected to witness the fastest value CAGR of 11.9% among all high-potential countries, followed by Egypt with 7.9% during 2018-2023. Germany is expected to remain the leading nation for meat sales in 2023, followed by Brazil. A total of 50 countries were analyzed for this study, of which 10 high-potential countries were identified.
The global meat sector is highly fragmented with the top four players - Tyson Foods, WH Group , BRF S.A., and Itoham Foods Inc. - accounting for a combined value share of 5.1% in 2018. Tyson, Shuanghui, Brasil Foods, and Itoham were the leading brands in 2018. The overall market share for private label products in the global meat sector stands at 24.2% by value as of 2018, an increase from 22.9% in 2013. Western Europe has the highest market share for private label products with 35.6% of total meat sales in 2018, an increase from 33.3% in 2013. It is followed by Asia-Pacific with a market share of 27.1% in 2018.
Hypermarkets & supermarkets is the leading distribution channel for the global meat sector, with a value share of 61.9% in 2018, which can be attributed to the developed organized retail market in major countries, where most of the consumers prefer to buy packaged and fresh meat products from hypermarkets & supermarkets. As for packaging formats, Rigid plastics is the most commonly used pack material in the meat sector and accounted for 57.3% of the volume share in 2018. It is followed by flexible packaging with a 29.9% share. Tray is the most commonly used pack type, accounting for 58.4% of the volume share in 2018, while, film is the most commonly used closure type in the global meat sector.
The report "Opportunities in the Global Meat Sector", brings together multiple data sources to provide a comprehensive overview of the global meat sector.
Companies mentioned: Campofrio, Aurora, Oscar Mayer (Smithfield Foods Inc.), Grassland Xingfa, Martinez Loriente, Shuanghui, Tyson, Wiesenhof, Citterio, Aia, Butterball, Faragello
This report brings together multiple data sources to provide a comprehensive overview of the global meat sector. It includes analysis on the following -