Organic Processed Meat Market size was valued at USD 6,567.6 million in 2022 and is expected to grow at a CAGR of 6.3% from 2023-2029. Organic processed meat is the meat produced from without using any kind of pesticides, fertilizers or any other kind of chemical synthetic substances. The organic processed meat market is expected to grow in the forecasted years owing to the rising consciousness of health among the population across the globe. The increasing concern of meat quality and instance of meat contamination are expected to drive the growth of processed organic meat market in the forecasted years. North America accounted for largest market share in the year 2022 due to the increasing demand for chemical free high quality meat by the consumer of this region. Rising awareness of health benefits associated with organic processed meat among the people is expected to show a significant growth in organic processed meat market in the forecasted years. Increasing demand for Halal meat in Middle East, Europe, and Asia Pacific region is expected to provide the opportunity to the key players of this region. Changing consumer preference, high availability of processed food, modern lifestyle, rising per capita income, and advancement in freezing technology is expected to drive the market growth in the forecasted years. Where as the increasing trend of veganism and increase in consumption of plant-based products are expected to hinder the growth of organic processed meat market. In addition, the increase in cost of production simultaneously increases the cost of product which is expected to restrain the market growth. However, the leading key market players are focused and investing in the launching of new organic meat products in order to provide chemical free and high-quality meat in the forecasted years which is expected to fuel the market growth. Geographically, North America region held the major market share in 2022 and is expected to dominate the global organic processed meat market in the forecasted years.
Organic Processed Meat Market Key Developments:
In December 2022, Orbillion Bio, announced its partnership with Solar Biotech inorder to scale up their production capacity.
In March 2022, Makro launched its dry-aged Australian beef offering at Makro Food service Sukhumvit 22 Branch, Thailand.
Fastest Growing Market
Organic processed meat market is expected to grow due to the increasing concern of consumers about chemical-free and high-quality meat. Growing awareness about the health benefits associated to organic processed meat is expected to fuel the market growth in the forecasted years. The increase in demand for Halal meat in the Muslim countries is expected to propel the market growth at a significant rate in the forecasted years. The increase in awareness about instances of meat contamination is expected to propel the market growth. The increase in focus of leading key players in developing the organic processed meat products and new innovation products associated with the organic meat is expected to fuel the growth at a significant rate in forecasted years
Organic Processed Meat market was valued at USD 6567.6 million in 2022, growing at a 6.3% CAGR from 2023 to 2029
North America Market is expected to have the largest market share in the forecasted years.
The leading players in the global Organic Processed Meat market are ConAgra Foods Inc., Cargil Meat Solutions Corp., JBA SA, SYSCO Corp., OSI Group, Hormel Food, WH Group, Smithfield Foods Inc., Danish Crown A/S, Harim Co ltd, BRF SA, Tyson Foods Inc
Rising demand for organic chemical free meat and increasing demand for Halal meat is expected to provide the opportunity to the key market players.