The Antibiotic Free Meat Global Market Report 2023, provides comprehensive information on the antibiotic free meat market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global antibiotic free meat market size is expected to grow from $139.38 billion in 2022 to $153.34 billion in 2023 at a compound annual growth rate (CAGR) of 10%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The markt size of global antibiotic free meat market is expected to reach $216.80 billion in 2027 at a CAGR of 9%.
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New research and development activities are a key trend gaining popularity in the antibiotic free meat market. Major companies operating in the antibiotic free market are making new developments in technology and processes to expand their product portfolio. For instance, in June 2022, The Cheesecake Factory, a US-based restaurant chain and cheesecake distributor, will expand its use of “No Antibiotics Ever” meat to beef and pork. Furthermore, in June 2021, Wendy’s, an American holding company for the large fast food chain, amended its antibiotic use policy, committing to eliminating all regular use of medically essential antibiotics in its beef, pork, and poultry supply chains in the United States and Canada by 2030.
The antibiotic free meat market is segmented:
1) By Product: Bovine Antibiotic-Free Meat, Swine Antibiotic-Free Meat, Poultry Antibiotic-Free Meat, Ovine Antibiotic-Free Meat
2) By Form: Fresh Antibiotic-Free Meat, Processed Antibiotic-Free Meat
3) By Distribution Channel: Business To Business, Business To Consumer
4) By End-Users: Household, Foodservice, Food Processing
Asia-Pacific was the largest region in the antibiotic free meat market in 2022.
The table of contents in TBRC’s antibiotic free meat market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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