Global Red Meat Market Size & Outlook, 2024-2030
The red meat industry worldwide is expected to reach a projected revenue of US$ 1,208.5 million by 2030. A compound annual growth rate of 5.4% is expected of the worldwide red meat industry from 2025 to 2030.
Revenue, 2024 (US$M)
$880.0
Forecast, 2030 (US$M)
$1,208.5
CAGR, 2025 - 2030
5.4%
Report Coverage
Worldwide
Global red meat market, 2018-2030 (US$M)
Related Markets
Global red meat market highlights
- The global red meat market generated a revenue of USD 899,862.2 million in 2023 and is expected to reach USD 1,350,217.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6% by 2030.
- In terms of segment, pig accounted for a revenue of USD 483,269.7 million in 2023.
- Others (Veal, and Vension) is the most lucrative type 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 899,862.2 million |
| Market revenue in 2030 | USD 1,350,217.5 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Pig |
| Fastest growing segment | Others (Veal, and Vension) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beef, Pig, Sheep & Goat, Others (Veal, and Vension) |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global red meat market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 21,105.2 million by 2030.
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Red Meat Market Scope
Red meat market segmentation & scope
Red Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global red meat market size, by regions, 2018-2030 (US$M)
Top 10 countries: Red meat market size, 2024 (US$M)
Global red meat market share, by type, 2024 & 2030 (%, US$M)
Red meat market: Opportunity assessment by country
Global red meat market, by region, 2024 (US$M)
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