Global Edible Offal Market Size & Outlook, 2023-2030
Global edible offal market, 2018-2030 (US$M)
Related Markets
Global edible offal market highlights
- The global edible offal market generated a revenue of USD 42,786.3 million in 2023 and is expected to reach USD 57,904.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.4% by 2030.
- In terms of segment, goat accounted for a revenue of USD 17,011.4 million in 2023.
- Horse is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 42,786.3 million |
| Market revenue in 2030 | USD 57,904.4 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Goat |
| Fastest growing segment | Horse |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cattle, Goat, Pig, Sheep, Poultry, Horse |
Other key industry trends
- In terms of revenue, the North America accounted for 9.9% of the global edible offal market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 3,745.7 million by 2030.
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Edible Offal Market Scope
Edible Offal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global edible offal market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to edible offal market will help companies and investors design strategic landscapes.
Goat was the largest segment with a revenue share of 39.76% in 2023. Horizon Databook has segmented the Global edible offal market based on cattle, goat, pig, sheep, poultry, horse covering the revenue growth of each sub-segment from 2018 to 2030.
With the growing awareness about health and fitness, there is a rising demand for protein-rich food products. Edible offal is a good source of protein and is considered a healthy option by many consumers. This is expected to drive the demand for edible offal in the coming years.
As offal is a cost-effective source of protein and other nutrients, it is expected to become a popular food choice among the growing population, especially in developing countries. This is expected to drive the growth of the global edible offal market.
Offal, which refers to the internal organs and entrails of slaughtered animals, is a rich source of protein, vitamins, and minerals. It is also a cost-effective alternative to traditional meat cuts, making it an attractive option for consumers looking for protein-rich food at a lower cost. As the global population continues to grow, the demand for protein-rich food is expected to increase, leading to a rise in the consumption of offal.
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Our clientele includes a mix of edible offal market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global edible offal market , including forecasts for subscribers. This global databook contains high-level insights into Global edible offal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global edible offal market size, by regions, 2018-2030 (US$M)
Top 10 countries: Edible offal market size, 2023 (US$M)
Global edible offal market share, by source, 2023 & 2030 (%, US$M)
Edible offal market: Opportunity assessment by country
Global edible offal market, by region, 2023 (US$M)
| Source | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,771.5 | 3,851.7 | 3,932.7 | 4,014.4 | 4,096.9 | 4,245.8 | 4,408.1 | 4,585.0 | 4,777.7 | 4,987.6 | 5,216.2 | 5,465.3 | 5,736.7 | 4.4% |
| Europe | 8,172.2 | 8,319.7 | 8,467.6 | 8,616.0 | 8,764.9 | 9,054.3 | 9,370.3 | 9,714.8 | 10,090.2 | 10,499.2 | 10,944.5 | 11,429.5 | 11,957.6 | 4.1% |
| Asia Pacific | 17,167.7 | 17,527.3 | 17,890.0 | 18,255.9 | 18,624.9 | 19,295.5 | 20,026.8 | 20,823.7 | 21,691.9 | 22,637.5 | 23,667.4 | 24,789.4 | 26,012.0 | 4.4% |
| Latin America | 5,221.2 | 5,345.2 | 5,470.7 | 5,597.9 | 5,726.6 | 5,949.0 | 6,191.3 | 6,455.2 | 6,742.5 | 7,055.5 | 7,396.5 | 7,768.0 | 8,173.1 | 4.6% |
| MEA | 3,630.1 | 3,735.5 | 3,842.7 | 3,951.9 | 4,063.0 | 4,241.7 | 4,436.1 | 4,647.6 | 4,877.9 | 5,128.7 | 5,402.1 | 5,700.0 | 6,025.1 | 5.1% |
| Overall | 37,962.7 | 38,779.3 | 39,603.8 | 40,436.1 | 41,276.2 | 42,786.3 | 44,432.5 | 46,226.3 | 48,180.2 | 50,308.5 | 52,626.7 | 55,152.2 | 57,904.4 | 4.4% |
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