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Australia Red Meat Market Size, Share, Trends, Analysis: By Type: Mutton, Beef, Pork, Others; By Form: Fresh / Chilled, Canned, Processed, Frozen, Others; By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Online Channels, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Australia Red Meat Market Outlook
The Australia red meat market size reached USD 23.03 billion in 2023. The market is expected to grow at a CAGR of 4.18% between 2024 and 2032, reaching almost USD 32.94 billion by 2032.
Key Takeaways:
- As per the Department of Agriculture, Fisheries, and Forestry, the total export volume of red meat to 57 different markets reached 45,752,060 tonnes by March 7, 2024.
- The Australia Bureau of Statistics reported a 4.1% increase in cattle slaughtered during the December 2023 quarter, reaching 1.9 million. Beef production also rose by 3.3% during the same period, reaching 583,667 tonnes.
- The Australia Bureau of Statistics noted a 1.4% rise in the gross value of pigs slaughtered, reaching $438.8 million in 2023 compared to 2022 thus boosting the Australia red meat market.
Beef contributes to the Australia red meat market growth due to its versatility in cooking, suitable for a range of dishes from traditional stews and curries to grilled or roasted options, meeting diverse culinary preferences
Beef offers a range of cuts to suit various preferences, providing high-quality protein and essential nutrients. Its versatility in cooking, global popularity, and reliable supply contribute to consistent market demand.
MEAT & Livestock Australia introduced the Carbon EDGE initiative for Australian red meat producers, expanding the renowned EDGE network training. This included programs such as Business EDGE, Breeding EDGE, Nutrition EDGE, and Grazing Land Management EDGE. The industry emphasized achieving carbon neutrality by 2030 through emission reduction and carbon storage techniques.
Mutton provides a strong, flavorful taste and is packed with protein, iron, zinc, and B vitamins. Its adaptability to various dishes, cultural importance, and ability to become tender and juicy when cooked properly satisfy consumers.
Market Segmentation
Australia Red Meat Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Mutton
- Beef
- Pork
- Others
Market Breakup by Form
- Fresh / Chilled
- Canned
- Processed
- Frozen
- Others
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- Specialty Stores
- Online Channels
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia red meat market key players are Junee Prime Lamb, Dorper Lamb, The Gourmet Goat Lady, Remesis Group Pty Ltd., Western Meat Exporters Pty Ltd., Victoria Hill Lamb, Mastlink Australia, Ausgoat Pty Ltd., and Australian Meat Emporium among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Form |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Red Meat Market Overview
8.1 Key Industry Highlights
8.2 Australia Red Meat Historical Market (2018-2023)
8.3 Australia Red Meat Market Forecast (2024-2032)
9 Australia Red Meat Market by Type
9.1 Mutton
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Beef
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Pork
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Others
10 Australia Red Meat Market by Form
10.1 Fresh / Chilled
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Canned
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Processed
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Frozen
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Australia Red Meat Market by Distribution Channel
11.1 Hypermarkets/Supermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Specialty Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Online Channels
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Red Meat Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Junee Prime Lamb
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Dorper Lamb
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 The Gourmet Goat Lady
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Remesis Group Pty Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Western Meat Exporters Pty Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Victoria Hill Lamb
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Mastlink Australia
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Ausgoat Pty Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Australian Meat Emporium
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Red Meat Market: Key Industry Highlights, 2018 and 2032
2. Australia Red Meat Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Australia Red Meat Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Australia Red Meat Historical Market: Breakup by Form (USD Billion), 2018-2023
5. Australia Red Meat Market Forecast: Breakup by Form (USD Billion), 2024-2032
6. Australia Red Meat Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Australia Red Meat Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Australia Red Meat Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Australia Red Meat Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. Australia Red Meat Market Structure
Key Questions Answered in the Report
The market was valued at USD 23.08 billion in 2023.
The market is projected to grow at a CAGR of 4.18% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 32.94 billion in 2032.
The red meat market is categorised according to the type, which includes mutton, beef, pork, and others.
The key players are Junee Prime Lamb, Dorper Lamb, The Gourmet Goat Lady, Remesis Group Pty Ltd., Western Meat Exporters Pty Ltd., Victoria Hill Lamb, Mastlink Australia, Ausgoat Pty Ltd., and Australian Meat Emporium among others.
Based on the red meat form, the market is divided into fresh/chilled, canned, processed, frozen and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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