GHANA Fresh And Frozen Mutton And Beef Market Size By Product (Beef, Mutton), By Distribution Channel (Open Market, Supermarkets and Hypermarkets), By Form (Fresh, Frozen), By Application (Individual Consumption, Hotels & Restaurants), And Forecast

GHANA Fresh And Frozen Mutton And Beef Market Size And Forecast

GHANA Fresh And Frozen Mutton And Beef Market size was valued at USD 849.84 Million in 2022 and is projected to reach USD 1,496.48 Million by 2030, growing at a CAGR of 7.37% from 2024 to 2030.

Beef and mutton are essential sources of protein in Ghanaian diets. Consumption of these meats is relatively high, and they are commonly featured in local dishes such as soups and stews. The Global GHANA Fresh And Frozen Mutton And Beef Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

GHANA Fresh And Frozen Mutton And Beef Market Definition

The GHANA Fresh And Frozen Mutton And Beef Market can be defined as the commercial sector that involves the production, processing, distribution, and sale of beef and mutton products within Ghana. This market includes a wide range of meat-related operations, such as producing animals, processing meat, distributing it to stores and restaurants, and selling it to consumers as the last step. The market for fresh and frozen beef and mutton in Ghana is sizable and expanding.

The market is fueled by the rising middle class and the expanding population needing Ghana, there are three main types of husbandry systems used to produce livestockextensive, semi-intensive, and/or intense. These systems typically have low, moderate, and high capital requirements, respectively. The most popular approach is most commonly favored by small ruminant producers in rural areas. Animals bred in this manner are allowed the freedom to go outside and have some control over their eating (via grazing), water intake, and other place to stay.

The free-range system of animal husbandry is another name for it. Several domestic and international producers supply the fresh and frozen beef and mutton market in Ghana. Domestic producers include small-scale farmers, large-scale commercial farms, and slaughterhouses. This growth is expected to be met by increased domestic production and imports. The market also extends to international trade, with the potential for exporting Ghanaian meat products to foreign markets for meat products.

GHANA Fresh And Frozen Mutton And Beef Market Overview

Beef and mutton are essential sources of protein in Ghanaian diets. Consumption of these meats is relatively high, and they are commonly featured in local dishes such as soups and stews. Beef and mutton are sourced from local livestock farms as well as imported from neighboring countries. Ghana imports a significant amount of frozen meat, including beef and mutton, to meet the high demand. These imports come from countries like Australia, Brazil, and New Zealand.

Beef and mutton are widely available in local markets and supermarkets across the country. Consumers have various options, including fresh and frozen cuts. The price of beef and mutton can vary based on factors such as cut, quality, and location. Generally, imported frozen meat might be more expensive than locally sourced fresh meat. In Ghana, meat, especially beef and mutton, has cultural significance and is often served at special occasions and celebrations. Challenges in the industry include disease management, supply chain issues, and the need for modernization in the meat processing and distribution sector.

GHANA Fresh And Frozen Mutton And Beef MarketSegmentation Analysis

The GHANA Fresh And Frozen Mutton And Beef Market is segmented on the basis of Product, Distribution Channel, Form, and Application.

GHANA Fresh And Frozen Mutton And Beef Market, By Product

• Beef
• Mutton

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Based on Product, the market is segmented into Beef and Mutton. Mutton accounted for the largest market share of 52.78% in 2022, with a market Value of USD 448.53 Million and is projected to grow at a CAGR of 6.92% during the forecast period.

GHANA Fresh And Frozen Mutton And Beef Market, By Distribution Channel

• Open Market
• Supermarkets and Hypermarkets
• Departmental Stores
• Specialty Stores
• Online Stores

Based on Distribution Channel, the market is segmented into Open Market, Supermarkets and Hypermarkets, Departmental Stores, Specialty Stores, and Online Stores. Open Market accounted for the largest market share of 61.76% in 2022, with a market Value of USD 524.86 Million and is projected to grow at a CAGR of 7.01% during the forecast period.

GHANA Fresh And Frozen Mutton And Beef Market, By Form

• Fresh
• Frozen

Based on Form, the market is segmented into Fresh and Frozen. Fresh accounted for the largest market share of 60.56% in 2022, with a market value of USD 514.66 Million, and is projected to grow at a CAGR of 7.08% during the forecast period.

GHANA Fresh And Frozen Mutton And Beef Market, By Application

• Individual Consumption
• Hotels & Restaurants

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Based on Application, the market is segmented into Individual Consumption and Hotels & Restaurants. Individual Consumption accounted for the largest market share of 82.82% in 2022, with a market value of USD 703.84 Million, and is projected to grow at the highest CAGR of 7.52% during the forecast period.

Key Players

The “GHANA Fresh And Frozen Mutton And Beef Market” study report will provide valuable insight with an emphasis on the market. The major players in the market are Cargill Incorporated, LlamiGh Ghana Limited, Conagra Brands Inc., Labianca Company Ltd, Eliho Agro Farms, Francopat Food, Top Choice Meat Limited, Tyson Foods, and JBS SA.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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