The Australian Bureau of Statistics reported a decline in the price of beef and lamb in the first half of 2024 and a slowdown in the price growth of other meats such as poultry and pork. With the price of meat expected to continue with this trend over the forecast period, consumers are likely to be able to afford to purchase fresh meat more often.
While spending in the foodservice channel has been limited in recent years due to consumers reducing their expenditure on takeaway food and dining out, as inflation slowly eases, they will be in a stronger position to spend on indulgences outside of the home. The foodservice channel holds significant volume share of fresh meat, especially poultry and beef.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Meat industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Meat industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Meat
This is the aggregation of beef & veal, lamb, mutton & goat, pork, poultry and other meat. Only include fresh, raw, uncooked and unprocessed meat whether packaged or unpackaged, chilled or frozen. All industrially packaged/processed meat products typically sold via the self-service counters in retail outlets are excluded. This category does not cover offal, animal fat, skins and hides.
See all of our definitionsThis report originates from Passport, our Meat research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!