Australia Red Meat Market Report and Forecast 2025-2034

Australia Red Meat Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Australia red meat market size reached around USD 23.03 billion in 2024. Aided by the growth of the agricultural and food industry, demand from international markets, and innovations in food production and processing, the market is expected to grow at a CAGR of 4.20% between 2025 and 2034, reaching almost USD 34.80 billion by 2034.

As per the Australia red meat market analysis, Australia is one of the world’s leading producers and exporters of red meat, with beef being the largest category by volume. The country’s cattle industry is highly developed, and Australia’s beef exports are in high demand globally, particularly in markets like Japan, China, and South Korea. This demand is driven by Australia’s reputation for producing high-quality beef that is safe, traceable, and of consistent quality. In addition to beef, lamb and goat meat are significant exports, with Australia being one of the largest exporters of lamb in the world. As a result, the red meat industry plays a crucial role in the Australian economy, contributing to export revenues and providing employment across rural and regional Australia.

One of the key factors influencing the growth of the Australia red meat market is the increasing demand for high-quality, sustainably produced meat. Australian consumers are becoming more conscious of food sourcing and production methods, with many opting for products that are ethically and sustainably sourced. This trend has led to a rise in the demand for grass-fed and free-range meat, as well as certifications such as organic and pasture-raised. These consumer preferences have encouraged Australian producers to adopt more sustainable practices, such as reducing carbon emissions, improving animal welfare standards, and using less water and land in meat production. As consumer awareness of environmental issues continues to grow, the red meat industry is likely to face increasing pressure to innovate and adapt to these trends.

Another important factor influencing the Australia red meat market expansion is the ongoing innovation in food processing and product development. Manufacturers are increasingly focusing on value-added products, such as marinated meats, ready-to-cook cuts, and processed meat products like sausages and burgers. These products cater to the changing preferences of Australian consumers, who are seeking convenience and variety in their food choices. The growth of online grocery shopping and delivery services has further driven demand for pre-packaged and ready-to-cook red meat products, as consumers increasingly value the convenience of having high-quality meat delivered directly to their homes.

On the international front, the Australia red meat market growth is complimented by the increasing exports, especially to emerging markets in Asia. Rising incomes in countries like China and Japan have led to an increased appetite for high-quality red meat, particularly beef. Australian beef is often preferred for its consistent quality, safety, and traceability, factors that are highly valued in international markets. Moreover, free trade agreements, such as the China-Australia Free Trade Agreement (ChAFTA), have facilitated smoother access to international markets, reducing tariffs and boosting export growth. The ongoing demand from these international markets continues to strengthen the position of Australian red meat on the global stage, contributing to the country’s economic prosperity.

However, the Australia red meat market faces several challenges, such as the pressure to address environmental sustainability issues. The red meat industry has a considerable environmental footprint, particularly in terms of greenhouse gas emissions, water usage, and land management. As climate change becomes an increasing concern for consumers and governments alike, the industry is under growing scrutiny to improve its environmental credentials. The market is also facing challenges related to the increasing popularity of plant-based alternatives to red meat. While the demand for red meat remains strong, plant-based products such as meat substitutes and plant-based protein sources are gaining traction in Australia and abroad.

Looking ahead, the Australia red meat market development is expected to continue to experience a steady rise, driven by both domestic and international demand. The focus will likely remain on producing high-quality, sustainably sourced meat that meets the expectations of both consumers and regulatory bodies. Innovation in processing, packaging, and product development will continue to be a key driver of growth, as the market adapts to changing consumer preferences for convenience, health, and sustainability. With its strong reputation for quality, traceability, and safety, Australian red meat is well-positioned to maintain its position as a global leader in the industry while meeting the evolving demands of both domestic and international consumers.

Market Segmentation

The market can be divided based on type, form, distribution channel, and region.

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

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia red meat market. Some of the major players explored in the report by Expert Market Research are as follows:

• 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.
• Australian Meat Emporium
• Others

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.