Meat Based FPP Market Size

Global Meat Based FPP Market size was valued at USD 556.0 billion in 2023 and is poised to grow from USD 666.09 billion in 2024 to USD 2826.09 billion by 2032, growing at a CAGR of 19.8% during the forecast period (2025-2032).

Ready-to-cook and ready-to-eat meat products are included in the global meat-based FPP industry. One of the factors driving the increased demand is the rising trend of fast-food consumption (further-processed products). It is typically sold as whole carcasses, animal sections, or smaller cuts such as steaks and chops. Some of the meat produced is also used to make foods like hot dogs and sausages, nuggets, bacon strips, meatballs, burger patties, and wings. All of these items are meat-based FPP products. The COVID-19 pandemic also had an impact on its production, supply chains, and prices, resulting in a severe socio economic crisis around the world. Initially, its prices had risen due to a scarcity of raw materials and increased demand from panic buying. However, as a result of lockdown restrictions and consumers' reduced purchasing power, both demand and production decreased significantly.

US Meat Based FPP Market is poised to grow at a sustainable CAGR for the next forecast year.