Edible Offal Market to Grow with a CAGR of 4.39% Globally through 2028
Rising awareness of the nutritional benefits of offal
and the growing popularity of offal-based products are the factor driving the
global edible offal market in the forecast period 2024-2028.
According to TechSci Research report, “Global Edible
Offal Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global Edible Offal Market stood at USD 40.78
billion in 2022 and is anticipated to grow with a CAGR of 4.39% in the forecast
period, 2024-2028. Global Edible Offal refers to the consumption of animal
organ meats and byproducts, encompassing a wide range of culturally significant
delicacies. It plays a vital role in reducing food waste and promoting
sustainability by utilizing often-neglected parts of animals. However, it faces
challenges stemming from varying cultural acceptance, food safety concerns,
evolving dietary preferences, and economic factors. Culinary innovation and
globalization have expanded its presence in modern cuisine, while fresh edible
offal and the food service sector show promising growth trends. North America
dominates this market due to its diverse culinary landscape and alignment with sustainability
values.
One of the most significant drivers of the global
edible offal market is the rich tapestry of culinary traditions that have
embraced these organ meats. Different cultures have developed distinct recipes
and preparation methods that celebrate the flavors and textures of offal. For
example, in Latin America, menudo, a tripe stew, is a cherished dish, while in
the Middle East, dishes like "kebbeh" and "skewered liver"
highlight the use of organ meats, particularly liver and heart. In Asia, offal
is commonly used in soups, stews, and stir-fries, offering a unique combination
of flavors and textures. In France, foie gras (duck or goose liver) is
considered a gourmet delicacy.
Cultural connections to edible offal contribute
significantly to its consumption in various parts of the world. People often
take pride in preserving their culinary heritage and savoring traditional
delicacies. However, cultural preferences can also be a challenge, as some
individuals may have aversions to specific organ meats or consider them taboo.
Edible offal is often rich in essential nutrients such
as iron, B vitamins (particularly B12), zinc, and healthy fats. These nutrients
are vital for overall health and well-being. Liver, for instance, is
exceptionally nutrient-dense and is often hailed as a superfood due to its high
vitamin and mineral content. The rise of nutritional awareness and the desire
for nutrient-dense foods have contributed to the growing popularity of organ
meats among health-conscious consumers.
Browse over XX market data Figures
spread through XXX Pages and an in-depth TOC on "Edible Offal Market”.
Global efforts to reduce food waste and promote
sustainability have given rise to the consumption of edible offal. Utilizing
organ meats is a responsible approach to the entire animal, reducing waste and
maximizing resource utilization. The livestock industry benefits from this
approach, as it minimizes waste and increases overall efficiency. Edible offal
plays a crucial role in sustainable food practices, as it makes use of parts of
animals that might otherwise be discarded.
Global dietary patterns are continually evolving. As
people become more health-conscious and concerned about cholesterol and
saturated fat intake, there is a trend toward favoring leaner cuts of meat over
organ meats, which are often higher in fat and cholesterol. Additionally, the
rise of plant-based diets and vegetarianism has challenged the demand for organ
meats.
However, some alternative and specialty diets, such as
the paleo diet, emphasize whole foods and ancestral eating patterns, promoting
the consumption of nutrient-dense organ meats as part of a balanced and
health-conscious approach to eating. These dietary shifts can influence the
consumption patterns of organ meats and their acceptance in modern diets.
The global edible offal market is segmented into product,
source, distribution channel, regional distribution, and company.
Based on source, the market is segmented into pig
offal, goat offal, sheep offal, cattle offal, and others.
Pig offal is experiencing rapid growth within the
global edible offal market. This surge is attributed to several factors.
Firstly, pig offal is versatile, offering a wide range of cuts like liver,
kidneys, heart, and intestines, making it appealing to diverse culinary
preferences. Secondly, pig farming is widespread worldwide, ensuring a
consistent supply of these organ meats. Additionally, the affordability of pig
offal compared to some other meats makes it attractive to cost-conscious
consumers. Lastly, culinary innovation and the globalization of food culture
have led to the incorporation of pig offal into various cuisines, driving its
popularity and positioning it as the fastest-growing segment in the global
edible offal market.
Major companies operating in Global Edible Offal Market
are:
- Alpha Field Products
- Cenfood International Inc.
- JBS Food
- Hormel Foods Corporation
- Itoham Yonekyu Holdings Inc.
- Offal Cuisine
- Offal Good
- Organic Meat Company
- Sure Good Foods Ltd.
- Yoma International
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“Global Edible Offal, comprising organ meats and
animal byproducts, faces diverse dynamics. Cultural traditions shape its
acceptance, while sustainability efforts promote its efficient use, aligning
with ethical consumption. However, challenges include varying sensory
preferences, food safety risks, dietary shifts towards leaner cuts, and
economic factors influencing production. Notably, culinary innovation and
globalization expand its appeal, offering unique and nutrient-rich options. As
consumers seek authenticity, sustainability, and health-conscious choices,
fresh edible offal emerges as a fast-growing segment, particularly within the
food service industry. In North America, it dominates due to cultural diversity
and a focus on responsible meat consumption,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Edible
Offal Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Product (Processed, Fresh), By Source (Pig Offal, Goat Offal,
Sheep Offal, Cattle Offal, Others), By
Distribution Channel (Food Service, Retail), By Region, Competition”,
has evaluated the future growth potential of global Edible Offal market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Edible Offal market.
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