Meat Meal Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 10.44 Billion
Market Size 2032 (Forecast Year) USD 14.86 Billion
CAGR 4%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

Meat Meal Market Insights

According to Market Research Store, the global meat meal market size was valued at around USD 10.44 billion in 2023 and is estimated to reach USD 14.86 billion by 2032, to register a CAGR of approximately 4% in terms of revenue during the forecast period 2024-2032.

The meat meal report provides a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.

Meat Meal Market Size

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Global Meat Meal Market: Overview

The Meat Meal Market involves the production and sale of animal by-products, specifically the dried and ground remains of animal tissues, used primarily as a protein source in animal feed. Meat meal is derived from the carcasses of slaughtered animals such as poultry, cattle, and fish, which are processed to remove moisture, fat, and bones, leaving behind a high-protein powder used in feeding livestock, poultry, and pets. This product is considered an important ingredient in animal nutrition, offering essential amino acids and nutrients to promote growth and health.

The market is driven by the increasing global demand for animal-based protein in the form of meat and the growing livestock population worldwide. As meat consumption continues to rise, particularly in emerging economies, the need for sustainable and cost-effective feed sources has increased, with meat meal serving as a valuable option. Additionally, the shift toward protein-rich feeds to improve the health and productivity of livestock, along with the rising awareness of animal welfare and efficient feed production, further supports market growth.

Key Highlights

  • The meat meal market is anticipated to grow at a CAGR of 4% during the forecast period.
  • The global meat meal market was estimated to be worth approximately USD 10.44 billion in 2023 and is projected to reach a value of USD 14.86 billion by 2032.
  • The growth of the meat meal market is being driven by several factors, including the increasing demand for animal feed, particularly in developing countries with growing livestock populations.
  • Based on the product, the chicken meal segment is growing at a high rate and is projected to dominate the market.
  • On the basis of application, the household segment is projected to swipe the largest market share.
  • By region, North America is expected to dominate the global market during the forecast period.

Meat Meal Market: Dynamics

Key Drivers

  • Animal Feed Industry: Meat meal is a valuable protein source for animal feed, particularly for livestock and poultry. The growing global demand for animal protein drives the need for high-quality animal feed ingredients, including meat meal.
  • Pet Food Industry: Meat meal is used in the production of pet food, providing essential nutrients and flavor. The growing pet food market, driven by pet ownership and premiumization trends, is boosting demand for meat meal.
  • Fertilizer Industry: Meat meal can be used as a valuable organic fertilizer, providing essential nutrients to crops and improving soil health. This application is gaining traction as the demand for sustainable and organic agricultural practices increases.
  • Renewable Energy: Meat meal can be used in the production of biogas and biofuels, contributing to the growing renewable energy sector.

Restraints

  • Price Volatility: The price of meat meal can fluctuate significantly due to factors such as variations in livestock prices, feedstock availability, and global demand.
  • Environmental Concerns: Concerns about the environmental impact of meat production and processing, including potential for pollution and greenhouse gas emissions, can impact the market.
  • Animal Health Concerns: Ensuring the safety and quality of meat meal is crucial to prevent the spread of animal diseases. Stringent regulations and quality control measures are necessary.
  • Competition from Alternative Protein Sources: Competition from alternative protein sources, such as plant-based proteins and insect-based proteins, can impact the demand for meat meal.

Opportunities

  • Developing Value-Added Products: Developing value-added products from meat meal, such as hydrolyzed meat meal and specialized blends for specific animal feed applications.
  • Focus on Sustainability: Emphasizing sustainable sourcing practices and minimizing the environmental impact of meat meal production and processing.
  • Exploring New Applications: Exploring new applications for meat meal, such as in aquaculture feed, pet treats, and other niche markets.
  • Technological Advancements: Utilizing advanced technologies, such as precision rendering and bioprocessing, to improve the quality and efficiency of meat meal production.

Challenges

  • Maintaining Product Quality and Safety: Ensuring the consistent quality and safety of meat meal by implementing stringent quality control measures and adhering to food safety regulations.
  • Addressing Environmental Concerns: Mitigating the environmental impact of meat meal production and disposal, including minimizing waste and reducing greenhouse gas emissions.
  • Staying Competitive: Remaining competitive in a dynamic market with increasing competition from alternative protein sources and evolving consumer preferences.
  • Complying with Regulations: Complying with evolving regulations related to animal feed, food safety, and environmental protection.

Meat Meal Market: Report Scope

Report Attributes Report Details
Report Name Meat Meal Market
Market Size in 2023 USD 10.44 Billion
Market Forecast in 2032 USD 14.86 Billion
Growth Rate CAGR of 4%
Number of Pages 140
Key Companies Covered Campbell Soup Company, McCormick, Unilever, Bevenovo, Shah Bone Industries, Sonac, FASA Group, SRC Milling, Carnad, Eliteflavor, Tiantiao Biotechnology, Huahai Biological
Segments Covered By Product Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2023
Forecast Year 2024 to 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Meat Meal Market: Segmentation Insights

The global meat meal market is divided by product, application, and region.

Segmentation Insights by Product

Based on Product, the global meat meal market is divided into chicken meal, pork meal, beef meal, and others.

The Chicken Meal segment in the Meat Meal Market is one of the most widely consumed and produced meat meals, primarily due to the relatively low cost and high protein content of chicken. It is a key ingredient in pet food, livestock feed, and aquaculture, providing an excellent source of digestible protein and essential amino acids. The demand for Chicken Meal is driven by its affordability compared to other meat sources and its suitability for a wide range of applications, including its use in the food and agriculture industries. Chicken meal is also valued for its palatability and nutrient profile, making it a popular choice among animal feed manufacturers. Additionally, as poultry farming remains one of the largest agricultural sectors globally, the availability of chicken meal continues to increase, driving its dominant position in the market.

The Pork Meal segment, while smaller than chicken meal, also holds a significant market share. Pork meal is produced from the byproducts of pork processing and is typically used in pet food formulations, particularly for dogs and cats. It is rich in protein and other essential nutrients, making it a valuable ingredient in animal nutrition. The demand for Pork Meal is influenced by the popularity of pork as a protein source in various parts of the world. It is especially in demand in regions where pork consumption is high and where pork meal is a byproduct of the meat processing industry. Although Pork Meal is not as prevalent as Chicken Meal, it is still an important component of animal feed and pet food, with demand growing in line with the increasing global consumption of pork.

The Beef Meal segment is considered one of the premium meat meals due to the high protein and nutritional value it offers. Beef Meal is produced from the processing of beef byproducts, typically from cattle slaughterhouses, and is used in both pet food and animal feed applications. Its high-quality protein content makes it particularly appealing for premium pet foods and livestock feed. However, Beef Meal tends to be more expensive than Chicken Meal and Pork Meal, which may limit its widespread use in animal feed, especially in price-sensitive markets. The demand for beef meal is typically higher in regions with significant beef consumption, such as North America, parts of Europe, and some Asian countries. The increasing interest in high-quality and nutrient-dense pet food formulations, along with the growing awareness of the benefits of beef protein for animals, supports the steady growth of the Beef Meal segment.

Segmentation Insights by Application

On the basis of Application, the global meat meal market is bifurcated into household, catering service industry, food processing, animal feed additive, and others.

The Household application in the Meat Meal Market represents a significant portion of the demand, especially in the context of pet food. Consumers in this segment primarily use meat meal products like Chicken Meal, Pork Meal, and Beef Meal to provide their pets with high-protein, nutrient-rich food. The increasing pet ownership worldwide, along with rising consumer awareness about pet health and nutrition, is driving demand in this segment. Households are prioritizing premium pet food options, with high-quality meat meals being key ingredients in these formulations. This trend toward more nutritious, protein-packed pet food is contributing to the market growth. Additionally, households are also utilizing meat meals in certain cooking practices, particularly in regions where meat is a staple in both human and animal diets.

The Catering Service Industry application is an essential segment, especially for businesses involved in large-scale food production for hotels, restaurants, and event catering. Meat meal products are used as ingredients in various processed food products or as animal feed for the livestock used in catering services. Chicken Meal is commonly utilized for its versatility, affordability, and rich protein content, which supports the high volume of meat consumption required in catering businesses. In this application, the meat meal serves as both an ingredient in food production and as an efficient way to utilize byproducts from meat processing. The growth of the catering industry, especially with the increasing demand for high-quality and protein-packed dishes, is expected to sustain the demand for meat meals in this segment.

The Food Processing industry is one of the primary consumers of meat meal products, as these meals are often used as essential ingredients in prepared foods, sausages, and other meat-based products. Chicken Meal, Pork Meal, and Beef Meal are integral to the food processing industry, where they are utilized for their nutritional content, flavor enhancement, and cost-effectiveness. Meat meals are particularly favored in the production of processed foods where protein enrichment is needed. In food processing, these meals can be added to a range of products, including ready-to-eat meals, soups, broths, and meat-based snacks. The increasing demand for convenient, ready-to-eat meals globally has helped fuel the demand for meat meals in food processing applications.

The Animal Feed Additive application is another significant segment, where meat meal products, especially Chicken Meal, are used as high-protein additives in animal feed formulations. These meals provide essential nutrients for livestock, poultry, and aquaculture species. The growing global demand for meat and dairy products has led to an increase in the production of livestock, thus driving the demand for protein-rich feed additives like meat meals. Animal feed additives made from meat meal are especially beneficial for enhancing the growth rates, health, and overall productivity of livestock. Chicken Meal is especially prevalent in this segment due to its high protein content, affordability, and availability.

Meat Meal Market: Regional Insights

  • North America currently dominate the global meat meal market

North America is a significant market for meat meal, with the United States and Canada being major consumers. The demand for meat meal is largely driven by the robust livestock and pet food industries. The U.S. is one of the largest producers of meat meal, with a well-established meat processing industry that generates a steady supply of raw materials for animal feed production. The growth of the pet food sector, particularly with the rising popularity of premium and protein-rich pet food products, contributes significantly to the demand for meat meal. Additionally, the increasing focus on sustainable and cost-effective feed ingredients in livestock farming further supports the market. Regulatory standards, such as those established by the U.S. Department of Agriculture (USDA) and the Food and Drug Administration (FDA), ensure the safety and quality of meat meal, further bolstering consumer confidence in its use.

Europe is another key region for the meat meal market, with countries like Germany, France, and the UK being major producers and consumers. The European market is characterized by a strong demand for meat meal in both animal feed and pet food sectors. In particular, the growing demand for sustainable and locally sourced animal feed in European agriculture supports the consumption of meat meal, which is a cost-effective source of high-quality protein. The European Union has stringent regulations regarding the use of animal by-products in feed, ensuring safety and quality, which drives the development of the meat meal market. Additionally, the pet food industry in Europe is expanding, with an increasing preference for high-protein diets for pets, contributing to the market growth.

The Asia-Pacific region is experiencing rapid growth in the meat meal market, driven by the expanding livestock and aquaculture industries in countries like China, India, and Japan. China is the largest producer and consumer of meat meal in the region, primarily due to its massive pork, poultry, and aquaculture industries. The growing demand for animal protein in both livestock and fish farming supports the consumption of meat meal, which is used to fortify feed and enhance protein content. In India, the rise in poultry farming and aquaculture has led to increased demand for high-protein animal feed, further driving the market. Japan also shows strong demand for meat meal, particularly for use in aquaculture, as the country is one of the largest consumers of fish products. The region’s increasing focus on sustainable and cost-efficient feed solutions also supports the market for meat meal.

Latin America is an emerging market for meat meal, with countries like Brazil and Argentina contributing to growth. Brazil, as one of the largest producers of meat globally, generates significant amounts of animal by-products, which are processed into meat meal for use in animal feed. The country’s strong livestock industry, particularly in cattle and poultry, contributes to the demand for meat meal as a cost-effective and high-protein feed ingredient. Argentina, with its growing livestock and aquaculture industries, is also a key player in the meat meal market. In Latin America, the use of meat meal is closely linked to the growth of the agricultural and aquaculture sectors, where animal feed needs to be nutritionally rich and affordable.

The Middle East and Africa (MEA) region is seeing steady growth in the meat meal market, driven by the demand for animal protein in the livestock and poultry industries. Countries such as South Africa, Saudi Arabia, and Egypt are key players in this market. In South Africa, the growing poultry industry is a significant driver of demand for meat meal, as it is used to enhance the protein content of feed. Saudi Arabia, with its increasing focus on poultry and livestock farming, is also witnessing a rise in the use of meat meal in animal feed. In Egypt, the rising demand for poultry and livestock products supports the consumption of meat meal, as it is a cost-effective protein source for animal feed. However, the market in this region remains smaller compared to other regions, with growth expected to be gradual.

Meat Meal Market: Competitive Landscape

The report provides an in-depth analysis of companies operating in the meat meal market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.

Some of the major players in the global meat meal market include:

  • Bevenovo
  • Campbell Soup Company
  • Carnad
  • Eliteflavor
  • FASA Group
  • Huahai Biological
  • McCormick
  • Shah Bone Industries
  • Sonac
  • SRC Milling
  • Tiantiao Biotechnology
  • Unilever

The global meat meal market is segmented as follows:

By Product

  • Chicken Meal
  • Pork Meal
  • Beef Meal
  • Others

By Application

  • Household
  • Catering Service Industry
  • Food Processing
  • Animal Feed Additive
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • The Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East Africa

Frequently Asked Questions

Based on statistics from the Market Research Store, the global meat meal market size was projected at approximately US$ 10.44 billion in 2023. Projections indicate that the market is expected to reach around US$ 14.86 billion in revenue by 2032.

The global meat meal market is expected to grow at a Compound Annual Growth Rate (CAGR) of around 4% during the forecast period from 2024 to 2032.

North America is expected to dominate the global meat meal market.

The global meat meal market is primarily driven by factors such as its high protein content, making it a valuable ingredient in animal feed, particularly for livestock and aquaculture.

Some of the prominent players operating in the global meat meal market are; Bevenovo, Campbell Soup Company, Carnad, Eliteflavor, FASA Group, Huahai Biological, McCormick, Shah Bone Industries, Sonac, SRC Milling, Tiantiao Biotechnology, Unilever, and others.

The global meat meal market report provides a comprehensive analysis of market definitions, growth factors, opportunities, challenges, geographic trends, and competitive dynamics.

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