Edible Offal Market - By Source (Pig Offal, Beef Offal, Sheep Offal, Poultry Offal, Others) By Application (Fresh, Processed) By Distribution Channel (Food services, Retail) & Global Forecast, 2023-2032
Report ID: GMI6910
|
Published Date: October 2023
|
Report Format: PDF
Download free sample
Get a free sample of Edible Offal Market
Get a free sample of Edible Offal Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Buy Now
Immediate Delivery
$4,123 $4,850
15% off
$4,280 $5,350
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2022
Companies covered: 9
Tables & Figures: 272
Countries covered: 21
Pages: 180
Download Free Sample
Edible Offal Market Size
Edible Offal Market size in terms of transaction was valued at USD 39.7billion in 2022 and it is estimated to reach USD 59.5billion by 2032 and is anticipated to register a CAGR of over 4.1% between 2023 and 2032.
The global culinary landscape is becoming increasingly diverse, with a heightened appreciation for international cuisines. Edible offal plays a significant role in many traditional dishes around the world, from haggis in Scotland to menudo in Mexico, and is gaining popularity as people explore these exotic flavors. This trend is supported by a more adventurous and food-curious consumer base.
Furthermore, as people seek alternative protein sources, edible offal provides a cost-effective and nutrient-rich option. Organ meats, in particular, are packed with essential vitamins and minerals, making them a compelling choice for health-conscious consumers. The market's growth is further fueled by the rising popularity of nose-to-tail cooking, championed by chefs and food enthusiasts who appreciate the complexity and depth of flavor that offal can offer.
The concerns about animal diseases, such as bovine spongiform encephalopathy (BSE) or foot-and-mouth disease, have led to the implementation of stringent food safety regulations and monitoring systems. These regulations ensure that only safe and healthy animals are used for meat production, including edible offal, thus improving the overall safety of these products.
COVID-19 Impact
The COVID-19 had significant on the market as consumers turned to offal as an affordable source of protein during economic uncertainties, others became more health-conscious, seeking more traditional and familiar cuts of meat. Additionally, the closure of restaurants and a reduced focus on fine dining impacted the market, as many offal dishes are often featured in upscale dining establishments.
Edible Offal Market Trends
The companies are expanding their product lines to include a wider range of offal options, such as pre-packaged and value-added offal products. This makes offal more accessible to a broader consumer base. The growth of e-commerce and direct-to-consumer sales channels has made it easier for consumers to access a variety of offal products. Online platforms and specialty meat suppliers have expanded the reach of these products.
Edible Offal Market Analysis
Based on source the pig offal dominated the segment in terms of the largest business share of USD 17.3 billion in 2022. The pork is one of the most widely consumed meats globally, and as a result, there is a substantial supply of pig offal available. This ubiquity ensures a consistent and reliable source of these products. Additionally, pig offal encompasses a variety of cuts, such as liver, kidneys, heart, intestines, and more, which can be used in a wide range of culinary applications, making it versatile for both traditional and innovative dishes.
Furthermore, pig offal is highly regarded for its flavor and texture. It is known for its richness and tenderness, which makes it appealing to a broad spectrum of consumers. This versatility and quality have led to its inclusion in various international cuisines, from Chinese dim sum dishes to European sausages and pâtés.
Based on application the edible offal market from processed segment accounted for the highest revenue share in 2022 processing offal products adds value and extends their shelf life. This makes them more convenient for both consumers and businesses in the food industry, as they can be stored and transported with greater ease. Processed offal products often include sausages, pâtés, canned goods, and various ready-to-eat options, which cater to consumers' busy lifestyles and demand for convenience. Additionally, processing allows for the incorporation of a wide range of flavors and ingredients, which can enhance the overall taste and appeal of offal products. This makes them more accessible to a broader consumer base, including those who may be hesitant to try offal in its raw form.
Based on the distribution channel the edible offal market from food service accounted for the highest revenue share in 2022. Food services, including restaurants, catering, and street food vendors, are increasingly diversifying their menus to cater to a wide range of consumer tastes and preferences. Incorporating offal into their offerings allows them to tap into the growing trend of exploring global and regional cuisines that feature offal prominently.
The Asia-Pacific edible offal market has dominated the region in terms of revenue in 2022 and is home to a large and rapidly growing population. This demographic factor contributes to a substantial and sustained demand for food products, including offal. As incomes rise and urbanization continues, people in the region are increasingly seeking diverse protein sources, making offal a popular choice. The street food culture in many Asia-Pacific countries is a significant driver of offal consumption. Street vendors often offer a variety of offal-based dishes, making these products easily accessible and affordable for the general population.
Edible Offal Market Share
Major companies operating in the edible offal industry includes:
The company has a team of experienced professionals who have a deep understanding of the international trade market. Alpha Field Products Co. also has exceptional procedures in place to ensure the efficient movement of all products to the end user.Alpha Field Products Co. is a member of the Canadian Special Crops Association (CPSC). The CPSC is a trade association that represents the interests of Canadian producers and exporters of special crops.Alpha Field Products Co. is a reliable and trustworthy supplier of high-quality agricultural products and food ingredients. The company is committed to providing its customers with the best possible products and services.
Edible Offal industry News
In May 2022, JBS food acquired Biotech foods This acquisition is expected to increase the geographical expansion of the company.
The Edible Offal Market research report includes in-depth coverage of the industry with estimates & forecast in terms of transactional value (USD Billion) and transactional volume (Kilo Tonnes) from 2018 to 2032, for the following segments:
Click here to Buy Section of this Report
By Source
By Application
By Distribution Channel
The above information is provided for the following regions and countries: