Report ID: SQMIG30I2260
Report ID:
SQMIG30I2260 |
Region:
Global |
Published Date: August, 2024
Pages:
198
|
Tables:
64 |
Figures:
77
Global Organic Meat Market size was valued at USD 18.78 Billion in 2022 and is poised to grow from USD 20.27 Billion in 2023 to USD 37.39 Billion by 2031, at a CAGR of 7.95% during the forecast period (2024-2031).
Health consciousness and rising awareness regarding the benefits of organic food consumption are slated to bolster the demand for organic meat on a global level. Rising emphasis on the adoption of ethical and sustainable farming practices is also creating new opportunities for organic meat suppliers. Rising number of meat providers acquiring organic certification and increasing acceptance of organic products are also slated to boost market growth across the study period and beyond. North America will be leading organic meat consumption whereas rise of veganism in European countries could slow down global organic meat demand outlook in the future Developed countries are projected to spearhead organic meat consumption owing to their high spending potential and easy accessibility to the product. On the contrary, lack of awareness, limited availability, and competition from alternative protein sources will slow down market development in the future. The rising popularity of veganism and plant-based food is a major threat for organic meat companies.
US Organic Meat Market is poised to grow at sustainable CAGR for the next forecast year.
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Report ID: SQMIG30I2260