According to the FMI report, the global organic lamb market is expected to grow at a steady CAGR of 5.5% over the forecast period. Valued at USD 3.71 billion in 2022, the market is projected to increase to USD 6.34 billion by 2032.
Experts at FMI have identified that health issues associated with non-organic meat are likely to drive the growth of the organic lamb market. Meat from animals treated with antibiotics and growth hormones can lead to various health complications, including bacterial food contamination, which contributes to over 50,000 deaths annually in the US and the European Union. As awareness of these health risks increases, consumers are increasingly seeking out organic options, fueling demand for organic lamb.
FMI anticipates that rising demand from younger populations and developing nations, which is outpacing supply, will drive a significant increase in the CAGR of the organic lamb market.
FMI’s analysis highlights that, beyond reducing food contamination risks, organic meat offers several health benefits, including cancer prevention due to its rich content of essential vitamins and antioxidants. Additionally, organic meat contributes to reducing environmental pollution, particularly air pollution.
With globalization expanding and countries increasingly interdependent, individuals now have more opportunities for earning and improving their quality of life. However, several factors are expected to constrain the growth of the organic lamb market during the forecast period. These include competition from lab-grown meat, pressures from animal welfare organizations, high costs, challenges in rearing, and stringent government regulations.
Key Takeaways from Market Study
- Sales of organic lamb products in the US surpassed $2 billion in 2022. As a result of health-conscious consumers, the market for organic and natural lamb foods is expanding.
- As of 2011, there were 2.3 million acres of pasture and grassland that met organic criteria in the United States, and there were 3.1 million acres of farmland.
- Australia and New Zealand will likely be bitter rivals. Despite this, the market is likely to continue being modest.
- The biggest market for lamb and organic lamb in New Zealand right now is China.
- Europe accounted for 40% of the total organic lamb market share during the base year.
- By the end of 2032, it is expected that the processed lamb market would have grown by 66 BPS, the volume will exceed 45,000 MT, and value will be close to US$ 200 million.
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Recent Developments In Market
- On September 28, 2020, purely grass-fed lamb was successfully introduced to the US market by “Pre Brands LLC,” a food processing company with its US headquarters in Illinois and a reputation for delivering organic products.
- In 2019, Niman Ranch joined a partnership with Peapod to deliver its products throughout the Chicagoland area to meet the growing demand for a wide range of products including fresh lamb, beef, and others in the market.
- In 2019, Thomas Food International planned to build a new production facility in South Australia to deliver the highest standards in Lamb and Beef processing by adapting the latest technological advancement, animal welfare, and environmental sustainability.
Some Of The Key Players In The Market Are
- 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
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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
- Modern Trade
- Convenience Stores
- E-Retailers
- Specialty Stores
- Others
By End Use, Organic Lamb Market is Segmented as:
- Household
- Food Industry
- Soups
- Frozen Snacks
- Ready Meals
- Others (Bakery, Mea)
By Region, Organic Lamb Market is Segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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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