The global organic lamb market is projected to grow at a moderate CAGR of 5.5% during the forecast period. In 2022, the market is valued at USD 3.71 billion and is anticipated to reach USD 6.34 billion by 2032.
Health concerns related to non-organic meat consumption are expected to drive growth in the organic lamb market. Meat from animals raised with antibiotics and growth hormones can lead to various health issues. Antibiotic use is linked to bacterial food contamination, which is responsible for more than 50,000 deaths in the US and the European Union, according to a report. As a result, consumers are increasingly opting for organic alternatives due to rising health awareness.
FMI anticipates that demand for organic lamb from younger consumers and developing nations, which is outpacing supply, will contribute to a strong CAGR increase in the market.
In addition to reducing food contamination risks, organic meat offers cancer prevention benefits, being rich in essential vitamins and antioxidants. Moreover, organic farming practices help mitigate environmental pollution, especially air pollution.
Globalization has led to greater interdependence between countries, providing people with more opportunities for income and a better quality of life. However, several factors may limit the growth of the organic lamb market, including competition from lab-grown meat, pressure from animal welfare groups, high prices, challenges in rearing organic livestock, and strict government regulations.
Key Insights from the Market Study:
- In the US, sales of organic lamb surpassed $2 billion in 2022, driven by health-conscious consumers.
- As of 2011, 2.3 million acres of pasture and grassland in the US met organic criteria, alongside 3.1 million acres of farmland.
- Australia and New Zealand are expected to remain key competitors in the market, with China being the largest market for lamb and organic lamb from New Zealand.
- Europe accounted for 40% of the total organic lamb market share during the base year.
- By 2032, the processed lamb market is expected to grow by 66 basis points, with volume exceeding 45,000 metric tons and value nearing US$ 200 million.
Competitive Landscape
- Major players in the organic lamb market are focusing on business expansion and increasing their global reach to strengthen their positions.
- Companies are adopting strategies to boost production capacity and enhance product quality to gain a competitive edge.
Key players in the market include:
- Neat Meat
- Mangapiri Downs Organicstud Farm
- Coolanowle Organic Meat
- Irish Country Meats Ltd.
- Thomas Foods International
- Pick’s Organic Farm
- Marjamaa Lihatoostus Ou
- Manildra Meat Company
- Saltbush Livestock Pty Ltd
- Windy N Ranch
- Coombe Farm
- Colin & Sally's Organic Lamb & Beef
- Thomas Foods International
- Swillington Organic Farm Ltd
- Mallow Farm & Cottage
Key Segments in the Organic Lamb Market
By Product Type, Organic Lamb Market is segmented as:
- Raw Lamb
- Processed Lamb
By Sales, Organic Lamb Market is segmented as:
- Direct Sales
- Indirect Sales
By End Use, Organic Lamb Market is segmented as:
- Household
- Food Industry
Report Preview: https://www.futuremarketinsights.com/reports/organic-lamb-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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