Organic Processed Meat Market Size, Share, Growth, Trends, and Global Industry Analysis: By Source (Poultry, Mutton, Beef, Pork, Others), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online, Retail & Departmental Stores), and Region

Organic Processed Meat Market size was valued at US$ 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.