Global Red Meat Market Size & Outlook, 2025-2030
The global red meat market size was estimated at USD 879,968.5 million in 2024 and is projected to reach USD 1,208,461.0 million by 2030, growing at a CAGR of 5.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$879,968.5
Forecast, 2030 (US$M)
$1,208,461.0
CAGR, 2025 - 2030
5.5%
Report Coverage
Worldwide
Global red meat market, 2018-2030 (US$M)
Related Markets
Global red meat market highlights
- The global red meat market generated a revenue of USD 879,968.5 million in 2024 and is expected to reach USD 1,208,461.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.5% by 2030.
- In terms of segment, beef accounted for a revenue of USD 459,586.0 million in 2024.
- Sheep & Goat 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 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 879,968.5 million |
| Market revenue in 2030 | USD 1,208,461.0 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Beef |
| Fastest growing segment | Sheep & Goat |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 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 22.1% of the global red meat market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 33,889.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Red Meat Market Scope
Red meat market segmentation & scope
Red Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Irish Country Meats | View profile | 51-100 | Ireland, Indiana, United States, North America | https://irishcountrymeats.com |
| OSI Group | View profile | 51-100 | Montréal, Quebec, Canada, North America | https://www.opto.com |
| JBS Foods Canada | View profile | 1001-5000 | Greeley, Colorado, United States, North America | https://jbsfoodcanada.ca |
| Conagra Foodservice | View profile | 1001-5000 | Chicago, Illinois, United States, North America | https://www.conagrafoodservice.com |
| Sysco Corp | View profile | 72000 | 1390 Enclave Parkway, Houston, TX, United States, 77077-2099 | https://www.sysco.com |
| Hormel Foods Corp | View profile | 20000 | 1 Hormel Place, Austin, MN, United States, 55912-3680 | https://www.hormelfoods.com |
| BRF SA ADR | View profile | 96667 | Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, Brazil, 05425-070 | https://www.brf-global.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| Tyson Foods Inc Class A | View profile | 139000 | 2200 West Don Tyson Parkway, Springdale, AR, United States, 72762-6999 | https://www.tysonfoods.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
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)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
