According to a new report, published by KBV research, The Global Edible Offal Market size is expected to reach $58.2 billion by 2030, rising at a market growth of 4.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 13,319.2 Kilo Tonnes, experiencing a growth of 2.3% (2019-2022).
The Fresh segment is experiencing a CAGR of 5.7% during (2023 - 2030). The usage of unique and rare foods drove the growth of gastronomic trends. Fresh offal has a unique flavor and texture that appeals to adventurous eaters, food enthusiasts, and culinary experts who want to experiment and develop new dishes with these components.
The Food Service segment is leading the Global Edible Offal Market by Distribution Channel in 2022; thereby, achieving a market value of $40.8 billion by 2030. The demand for offal in the food service industry is expected to increase due to the increased demand for fine dining establishments and the rising consumption of organic meats. Many restaurants use complete animal carcasses, including offal, to enhance flavors and minimize waste.
The Sheep segment would exhibit a CAGR of 5.1% during (2023 - 2030). Sheep offal is a good source of protein. Iron, copper, vitamin A, and vitamin B12 are vital vitamins and minerals found in sheep offal. Zinc, selenium, and vitamin A are all found in sheep offal and are vital for immunological health. Due to its nutrient-rich composition, sheep offal offers several health advantages when included in balanced diets.
The Asia Pacific region dominated the Global Edible Offal Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $26.6 billion by 2030. The Europe market is anticipated to grow at a CAGR of 4.2% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/edible-offal-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Vion N.V. (Stichting Administratiekantoor SBT), Hormel Foods Corporation, Itoham Yonekyu Holdings Inc.,JBS USA Holdings, Inc. (JBS S.A), Marfrig Global Foods S.A., NH Foods Ltd., OSI Group, LLC, Sysco Corporation, The Kraft Heinz Company and Cargill, Incorporated
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Source (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
