Asia-Pacific Red Meat Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The Asia-Pacific Red Meat Market is segmented by Type ( Beef, Mutton, Pork ) , by Form ( Fresh / Chilled, Frozen / Canned, Processed ) , by Distribution Channel ( Off-Trade, On-Trade ) and by Country ( Australia, China, India, Indonesia, Japan, Malaysia, South Korea )

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APAC Red Meat Industry Overview

market-snapshot graph
https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Type: Pork
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country: China
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 2.17 %

Major Players

major-player-company-image major-player-company-image major-player-company-image major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

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APAC Red Meat Market Analysis

The Asia-Pacific Red Meat Market is projected to register a CAGR of 2.17%

  • Largest Segment by Type - Pork : Pork has become the primary protein choice in the region, and it emerged as the default meat type in the base year due to its popularity and changing consumer preferences.
  • Largest Segment by Country - China : The abundant availability and growing population are the major factors driving the demand for meat products in China, making it the largest meat-consuming country.
  • Fastest-growing Segment by Type - Pork : The rising incomes, growing population, and increasing urbanization are the major factors contributing to the growth in pork production and consumption in the region.
  • Fastest-growing Segment by Country - China : Consumer preference for meat in China is much higher than in any other country in the region. The lifestyle of the Chinese population is impacting the meat consumption.

APAC Red Meat Industry Segments

Beef, Mutton, Pork are covered as segments by Type. Fresh / Chilled, Frozen / Canned, Processed are covered as segments by Form. Off-Trade, On-Trade are covered as segments by Distribution Channel. Australia, China, India, Indonesia, Japan, Malaysia, South Korea are covered as segments by Country.
Type
Beef
Mutton
Pork
Other Meat
Form
Fresh / Chilled
Frozen / Canned
Processed
Distribution Channel
Off-Trade
Convenience Stores
Online Channel
Supermarkets And Hypermarkets
Others
On-Trade
Country
Australia
China
India
Indonesia
Japan
Malaysia
South Korea
Rest Of Asia-Pacific

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APAC Red Meat Market Trends

This section covers the major market trends shaping the APAC Red Meat Market according to our research experts:

Pork is the largest segment by Type.

  • The Asia-Pacific red meat regional market segment was majorly led by pork meat throughout the study period, which held a 32.10% higher market share than poultry meat, the second-largest meat type consumed in 2021. It is also anticipated to be the fastest-growing meat type during the forecast period (2022-2028), registering a CAGR of 2.88%. This can be mainly supported by its growing production rate. It was the most-produced meat type in the region, with a share of 46.8% by value in 2021, and it is anticipated to continue being the highest-produced meat type during the forecast period.
  • China, Australia, and Japan have the highest per capita pork consumption in the region. In China, pork is traditionally associated with its culture and is considered healthy meat. China is also the largest producer of pork and produced around 55 million metric ton in 2021.
  • Apart from pork and other meats, mutton is likely to be the fastest-growing meat to be consumed in the region and witness a CAGR of 1.35% during the forecast period (2022-2028). Due to consumer preference for grass-fed meat, which reduces carbon footprint while being sustainable, the demand for mutton is rising. The foodservice industry is where most people get their mutton. However, the pandemic prompted many people in the area to prepare mutton at home. They will also be able to prepare mutton at home due to the work-from-home trend that is predicted to witness an increase during the forecast period.
  • However, the segment registered a negative growth rate of 4.27% in 2019, down from 4.88% in 2018, due to the impact of African Swine Fever on major meats, such as pork, in major countries like China, Japan, and Korea. 
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China is the largest segment by Country.

  • The red meat market in the Asia-Pacific region experienced significant growth during the study period, growing at a rate of 4.88% in 2018 compared to the previous year. The most consumed meat type in the region is pork, followed by beef and mutton. Across Asia, pork is the primary protein in many cuisines. Most pork consumed in the region is domestically produced, while imports also contribute to a sizable portion. China is one of the largest producers and consumers of pork in the world, having produced 53.4 million metric ton of pork in 2017. However, production is expected to decline in the next two years, as a devastating outbreak of African swine fever (ASF) can hamper the country's pork supply.
  • The Malaysian red meat market is anticipated to witness the fastest growth among the countries in the region, and it is projected to register a CAGR of 2.42% during the forecast period. The growth will be driven by the development of the processed red meat segment in the country, which is projected to register a CAGR of 2.54% from 2022-2028. The pandemic had an impact on the market, impairing the supply chain and obstructing it from continuing its course. The meat supply chain consists of establishments for slaughtering animals, cutting, processing, packaging, and distributing meat for consumption or sale. With lockdowns in various cities in the region early during the pandemic, many points in the value chain were disrupted.
  • Pork is the fastest-growing meat segment in the region and is projected to register a CAGR of 2.88% from 2022-2028. The growing household income continues to be a key driver of the rising meat consumption. As customers' options for food expand with the rising disposable incomes, the demand for meat is anticipated to increase in developing countries.
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APAC Red Meat Market Competitor Analysis

The Asia-Pacific Red Meat Market is fragmented, with the top five companies occupying 5.85%. The major players in this market are Cargill Incorporated, COFCO Corporation, NH Foods Ltd, Tyson Foods Inc. and WH Group Limited (sorted alphabetically).

APAC Red Meat Market Top Players

  1. Cargill Incorporated

  2. COFCO Corporation

  3. NH Foods Ltd

  4. Tyson Foods Inc.

  5. WH Group Limited

*Disclaimer: Major Players sorted in no particular order

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APAC Red Meat Market Recent Developments

  • December 2021: Longda Cuisine and the Hainan Yangpu Economic Development Zone Management Committee signed a strategic cooperation agreement with the support of the Hainan Free Trade Port policy. Longda Cuisine will receive preferential treatment in import tariffs, corporate income tax, and personal income tax. At the same time, it is expected to enjoy industrial development support policies and convenient services of the Yangpu Economic Development Zone.
  • May 2021: Longda Meat and Jinan University inked a collaboration agreement to support the new development of the food industry, university, and research. Longda Meat's "First Five-Year" strategic plan is to foster high-quality development of scientific and technology empowerment and talent training.
  • June 2019: WH Group Limited announced that its subsidiary Henan Shuanghui launched a new brand, Shuanghui Cooking, to attract the family consumption market and accelerate the packaged meat sector.

APAC Red Meat Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. INTRODUCTION

    1. 2.1. Study Assumptions & Market Definition

    2. 2.2. Scope of the Study​

    3. 2.3. Research Methodology

  3. 3. KEY INDUSTRY TRENDS

    1. 3.1. Price Trends

    2. 3.2. Production Trends

    3. 3.3. Regulatory Framework

    4. 3.4. Value Chain & Distribution Channel Analysis

  4. 4. MARKET SEGMENTATION

    1. 4.1. Type

      1. 4.1.1. Beef

      2. 4.1.2. Mutton

      3. 4.1.3. Pork

      4. 4.1.4. Other Meat

    2. 4.2. Form

      1. 4.2.1. Fresh / Chilled

      2. 4.2.2. Frozen / Canned

      3. 4.2.3. Processed

    3. 4.3. Distribution Channel

      1. 4.3.1. Off-Trade

        1. 4.3.1.1. Convenience Stores

        2. 4.3.1.2. Online Channel

        3. 4.3.1.3. Supermarkets And Hypermarkets

        4. 4.3.1.4. Others

      2. 4.3.2. On-Trade

    4. 4.4. Country

      1. 4.4.1. Australia

      2. 4.4.2. China

      3. 4.4.3. India

      4. 4.4.4. Indonesia

      5. 4.4.5. Japan

      6. 4.4.6. Malaysia

      7. 4.4.7. South Korea

      8. 4.4.8. Rest Of Asia-Pacific

  5. 5. COMPETITIVE LANDSCAPE

    1. 5.1. Key Strategic Moves

    2. 5.2. Market Share Analysis

    3. 5.3. Company Landscape

    4. 5.4. Company Profiles

      1. 5.4.1. Allanasons Private Limited

      2. 5.4.2. Cargill Incorporated

      3. 5.4.3. Charoen Pokphand Foods Public Co. Ltd

      4. 5.4.4. COFCO Corporation

      5. 5.4.5. F&G Foods Pte Ltd

      6. 5.4.6. JBS SA

      7. 5.4.7. Muyuan Foods Co. Ltd

      8. 5.4.8. New Hope Liuhe Co. Ltd

      9. 5.4.9. NH Foods Ltd

      10. 5.4.10. Shandong Longda Meishi Co. Ltd

      11. 5.4.11. Tyson Foods Inc.

      12. 5.4.12. WH Group Limited

  6. 6. KEY STRATEGIC QUESTIONS FOR MEAT INDUSTRY CEOS

  7. 7. APPENDIX

    1. 7.1. Global Overview

      1. 7.1.1. Overview

      2. 7.1.2. Porter’s Five Forces Framework

      3. 7.1.3. Global Value Chain Analysis

      4. 7.1.4. Market Dynamics (DROs)

    2. 7.2. Sources & References

    3. 7.3. List of Tables & Figures

    4. 7.4. Primary Insights

    5. 7.5. Data Pack

    6. 7.6. Glossary of Terms

List of Tables & Figures

    Figure 1:  

    ASIA-PACIFIC RED MEAT MARKET, BEEF, PRICE IN USD/METRIC TONNES, 2016 - 2022

    Figure 2:  

    ASIA-PACIFIC RED MEAT MARKET, MUTTON, PRICE IN USD/METRIC TONNES, 2016 - 2022

    Figure 3:  

    ASIA-PACIFIC RED MEAT MARKET, PORK, PRICE IN USD/METRIC TONNES, 2016 - 2022

    Figure 4:  

    ASIA-PACIFIC RED MEAT MARKET, BEEF, PRODUCTION IN METRIC TONNES, 2016 - 2028

    Figure 5:  

    ASIA-PACIFIC RED MEAT MARKET, MUTTON, PRODUCTION IN METRIC TONNES, 2016 - 2028

    Figure 6:  

    ASIA-PACIFIC RED MEAT MARKET, PORK, PRODUCTION IN METRIC TONNES, 2016 - 2028

    Figure 7:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME, METRIC TONNES, 2016 - 2028

    Figure 8:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE, USD, 2016 - 2028

    Figure 9:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, BY TYPE, 2016 - 2028

    Figure 10:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, BY TYPE, 2016 - 2028

    Figure 11:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME SHARE (%), BY TYPE, 2016 VS 2022 VS 2028

    Figure 12:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE SHARE (%), BY TYPE, 2016 VS 2022 VS 2028

    Figure 13:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, BEEF, 2016 - 2028

    Figure 14:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, BEEF, 2016 - 2028

    Figure 15:  

    ASIA-PACIFIC RED MEAT MARKET, BEEF, VALUE SHARE (%), BY FORM, 2021 VS 2028

    Figure 16:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, MUTTON, 2016 - 2028

    Figure 17:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, MUTTON, 2016 - 2028

    Figure 18:  

    ASIA-PACIFIC RED MEAT MARKET, MUTTON, VALUE SHARE (%), BY FORM, 2021 VS 2028

    Figure 19:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, PORK, 2016 - 2028

    Figure 20:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, PORK, 2016 - 2028

    Figure 21:  

    ASIA-PACIFIC RED MEAT MARKET, PORK, VALUE SHARE (%), BY FORM, 2021 VS 2028

    Figure 22:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, OTHER MEAT, 2016 - 2028

    Figure 23:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, OTHER MEAT, 2016 - 2028

    Figure 24:  

    ASIA-PACIFIC RED MEAT MARKET, OTHER MEAT, VALUE SHARE (%), BY FORM, 2021 VS 2028

    Figure 25:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, BY FORM, 2016 - 2028

    Figure 26:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, BY FORM, 2016 - 2028

    Figure 27:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME SHARE (%), BY FORM, 2016 VS 2022 VS 2028

    Figure 28:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE SHARE (%), BY FORM, 2016 VS 2022 VS 2028

    Figure 29:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, FRESH / CHILLED, 2016 - 2028

    Figure 30:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, FRESH / CHILLED, 2016 - 2028

    Figure 31:  

    ASIA-PACIFIC RED MEAT MARKET, FRESH / CHILLED, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 32:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, FROZEN / CANNED, 2016 - 2028

    Figure 33:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, FROZEN / CANNED, 2016 - 2028

    Figure 34:  

    ASIA-PACIFIC RED MEAT MARKET, FROZEN / CANNED, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 35:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, PROCESSED, 2016 - 2028

    Figure 36:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, PROCESSED, 2016 - 2028

    Figure 37:  

    ASIA-PACIFIC RED MEAT MARKET, PROCESSED, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 38:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, BY DISTRIBUTION CHANNEL, 2016 - 2028

    Figure 39:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, BY DISTRIBUTION CHANNEL, 2016 - 2028

    Figure 40:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028

    Figure 41:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2016 VS 2022 VS 2028

    Figure 42:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, BY OFF-TRADE, 2016 - 2028

    Figure 43:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, BY OFF-TRADE, 2016 - 2028

    Figure 44:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028

    Figure 45:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE SHARE (%), BY OFF-TRADE, 2016 VS 2022 VS 2028

    Figure 46:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, CONVENIENCE STORES, 2016 - 2028

    Figure 47:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, CONVENIENCE STORES, 2016 - 2028

    Figure 48:  

    ASIA-PACIFIC RED MEAT MARKET, CONVENIENCE STORES, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 49:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, ONLINE CHANNEL, 2016 - 2028

    Figure 50:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, ONLINE CHANNEL, 2016 - 2028

    Figure 51:  

    ASIA-PACIFIC RED MEAT MARKET, ONLINE CHANNEL, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 52:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028

    Figure 53:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, SUPERMARKETS AND HYPERMARKETS, 2016 - 2028

    Figure 54:  

    ASIA-PACIFIC RED MEAT MARKET, SUPERMARKETS AND HYPERMARKETS, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 55:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, OTHERS, 2016 - 2028

    Figure 56:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, OTHERS, 2016 - 2028

    Figure 57:  

    ASIA-PACIFIC RED MEAT MARKET, OTHERS, VALUE SHARE (%), BY TYPE, 2021 VS 2028

    Figure 58:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, ON-TRADE, 2016 - 2028

    Figure 59:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, ON-TRADE, 2016 - 2028

    Figure 60:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, BY COUNTRY, 2016 - 2028

    Figure 61:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, BY COUNTRY, 2016 - 2028

    Figure 62:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028

    Figure 63:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME SHARE (%), BY COUNTRY, 2016 VS 2022 VS 2028

    Figure 64:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, AUSTRALIA, 2016 - 2028

    Figure 65:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, AUSTRALIA, 2016 - 2028

    Figure 66:  

    ASIA-PACIFIC RED MEAT MARKET, AUSTRALIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 67:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, CHINA, 2016 - 2028

    Figure 68:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, CHINA, 2016 - 2028

    Figure 69:  

    ASIA-PACIFIC RED MEAT MARKET, CHINA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 70:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, INDIA, 2016 - 2028

    Figure 71:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, INDIA, 2016 - 2028

    Figure 72:  

    ASIA-PACIFIC RED MEAT MARKET, INDIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 73:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, INDONESIA, 2016 - 2028

    Figure 74:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, INDONESIA, 2016 - 2028

    Figure 75:  

    ASIA-PACIFIC RED MEAT MARKET, INDONESIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 76:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, JAPAN, 2016 - 2028

    Figure 77:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, JAPAN, 2016 - 2028

    Figure 78:  

    ASIA-PACIFIC RED MEAT MARKET, JAPAN, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 79:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, MALAYSIA, 2016 - 2028

    Figure 80:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, MALAYSIA, 2016 - 2028

    Figure 81:  

    ASIA-PACIFIC RED MEAT MARKET, MALAYSIA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 82:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, SOUTH KOREA, 2016 - 2028

    Figure 83:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, SOUTH KOREA, 2016 - 2028

    Figure 84:  

    ASIA-PACIFIC RED MEAT MARKET, SOUTH KOREA, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 85:  

    ASIA-PACIFIC RED MEAT MARKET, VOLUME IN METRIC TONNES, REST OF ASIA-PACIFIC, 2016 - 2028

    Figure 86:  

    ASIA-PACIFIC RED MEAT MARKET, VALUE IN USD, REST OF ASIA-PACIFIC, 2016 - 2028

    Figure 87:  

    ASIA-PACIFIC RED MEAT MARKET, REST OF ASIA-PACIFIC, VALUE SHARE (%), BY DISTRIBUTION CHANNEL, 2021 VS 2028

    Figure 88:  

    ASIA-PACIFIC RED MEAT MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017 - 2022

    Figure 89:  

    ASIA-PACIFIC RED MEAT MARKET, TOTAL NUMBER OF STRATEGIC MOVES, 2017 - 2022

    Figure 90:  

    ASIA-PACIFIC RED MEAT MARKET SHARE(%), BY KEY PLAYERS, 2021

Market Definition

  • Meat - Meat is defined as the flesh or other edible parts of an animal used for food. The end use of the meat industry consists of only human consumption. Meat is generally purchased from retail outlets for home cooking and consumption. For the market studied, only uncooked meat has been considered. This could be processed in various forms, which have been covered under the “Processed” form. The other purchases of meat happen through the consumption of meat at foodservice outlets (restaurants, hotels, catering, etc.). ​
  • Other Meats - The other meat segment includes the meat of camel, horse, rabbit, etc. These are not so commonly consumed meat types but still, have a presence in distinct parts of the world. Regardless of it being part of red meat, we have considered these meat types separately for a better understanding of the market. ​
  • Poultry Meat - Poultry meat also called white meat, comes from birds raised commercially or domestically for human consumption. This includes chicken, turkey, ducks, and geese.​
  • Red Meat - Red meat typically has a red color when raw and a dark color when cooked. It includes any meat that comes from mammals, such as beef, lamb, pork, goat, veal, and mutton.​

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

For any queries related to research methodology, click here to schedule a call with our analysts.

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APAC Red Meat Market Research FAQs

The Asia-Pacific Red Meat Market is studied from 2016 - 2028.

The Asia-Pacific Red Meat Market is growing at a CAGR of 2.17% over the next 5 years.

Pork is growing at the highest CAGR over 2016 - 2028.

China holds highest share in 2021.

Cargill Incorporated, COFCO Corporation, NH Foods Ltd, Tyson Foods Inc., WH Group Limited are the major companies operating in Asia-Pacific Red Meat Market.

Asia-Pacific Red Meat Industry Reports

In-depth industry statistics and market share insights of the Asia-Pacific Red Meat sector for 2020, 2021, and 2022. The Asia-Pacific Red Meat research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Asia-Pacific Red Meat report PDF.