Global Veal Meat Market 2018-2022
About Veal Meat
Veal meat is produced by slaughtering calves that are of less than 25 weeks.
Technavio’s analysts forecast the global veal meat market to grow at a CAGR of 2.19% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global veal meat market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Veal Meat Market 2018-2022
Technavio recognizes the following companies as the key players in the global veal meat market: CLAUS’ GERMAN SAUSAGE & MEATS, JBS, Mountain States, Strauss Brands Incorporated, Wilson International Frozen Foods.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing demand for grass-fed and organic veal. One of the trends that is influencing the growth of the global veal meat market during the forecast period is the increasing demand for grass-fed and organic veal among consumers. The value-added benefits of grass-fed veal, such as better taste and high nutritional values, are the reasons backing its demand.”
According to the report, one driver in the market is nutritious and good texture meat. The meat of younger animals is more tender and softer than older animals. As calves are slaughtered at 18-25 weeks, their meat will be velvety, tender, moister, and juicer than beef meat. Veal meat has a milder taste than beef meat as the meat has a finer texture and lighter color
Further, the report states that one challenge in the market is rise of veganism. Consumers are showing a greater inclination toward a plant-based diet over time. In past 10 years, there has been a steep rise in the vegan population, especially in various developed and western countries. In addition, there is also increase in the percentage of the part-time vegan population
CLAUS’ GERMAN SAUSAGE & MEATS, JBS, Mountain States, Strauss Brands Incorporated, Wilson International Frozen Foods.