Product Code: ETC381689 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The edible meat market size was valued at around USD 6 billion in 2025 and is expected to register a CAGR of 4. 1% during the forecast period. Growing preference for convenience foods driven by busy lifestyle along with changing dietary habits will drive industry expansion over the coming years. In addition, rapid urbanization has led an increase consumer spending on food items resulting into surging demand for various processed food products including ready meals containing different kinds of meats including chicken, pork & beef further boosting industry growth prospects over analysis period. Moreover, stringent regulations imposed by government authorities pertaining hygiene standards & quality control measures will propel segment expansion going ahead.
The Philippines edible meat market is a dynamic landscape influenced by various drivers. Population growth and urbanization have led to increased meat consumption, driving market demand. Dietary habits have also evolved, with meat becoming a staple protein source for many Filipinos. Additionally, shifts in consumer preferences towards convenience and processed meat products have given rise to new opportunities. The market is further impacted by cultural practices and traditions that prioritize meat consumption during certain occasions. Economic factors, including disposable income and affordability, heavily influence purchasing patterns. As the market expands, addressing concerns related to sustainability, ethical sourcing, and health implications will be key factors shaping its future.
In the broader edible meat market, issues such as food safety, transportation logistics, and fluctuating consumer preferences create obstacles for stakeholders. Maintaining consistent quality while keeping up with dynamic market trends is a demanding task.
The Philippines` edible meat market, a significant contributor to the country`s food industry, experienced notable disruptions due to the COVID-19 pandemic. The lockdowns and restrictions led to supply chain challenges, affecting the production, distribution, and consumption of meat products. The closure of restaurants and reduced consumer spending resulted in decreased demand for premium cuts, impacting prices and profitability for producers. However, the shift towards home cooking and online food delivery services partially offset the decline in demand. The industry adapted by implementing stricter hygiene measures and exploring new avenues for sales. As the country gradually recovers, the edible meat market is expected to rebound, focusing on consumer preferences for locally sourced, sustainable, and high-quality products.
Purefoods-Hormel Company, CDO Foodsphere, Inc., Monterey, and Bounty Fresh