Description

Processed Meat Market Analysis

 

Processed meat is enriched with various preservatives and additives such as acidifiers, minerals, salts, and other flavoring agents to improve the quality of meat, preserve it from the degradation, and to add flavors to the original composition. Processed meat made from beef, pork, and poultry meat. Meat processing can be done by various methods such as fermentation, salting, smoking, and curing among others. Increase in the global demand for quality meat coupled with busy working schedules are key drivers for the growth of the market. Moreover, rapid urbanization, rise in disposable income, rise in awareness about the animal protein, and better availability of huge number of processed meat varieties are anticipated to fuel the market revenue growth. However, stringent regulatory guidelines for the additives usage in meat processing, increase in the prevalence of obesity and other lifestyle disorders, rise in demand for fat-free protein diet, and disease outbreak in livestock are expected to curb the growth of the market over the forecast years.

 

Market Scope: Global Processed Meat Market

 

The market is segmented based on meat type, product type, processing type, and distribution channel

 

Based on the meat type

  • Poultry
  • Mutton
  • Pork
  • Beef
  • Others

 

Based on product type

  • Uncured Meat
  • Cured Meat
  • Others

 

Based on the processing type

  • Frozen Processed Meat
  • Chilled Processed Meat
  • Canned Meat
  • Others

 

Based on the distribution channel

  • Super markets & Hyper Markets
  • Online Stores
  • Departmental Stores
  • Others

 

Regional Analysis

 

Geographically, global processed meat market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America processed meat market is poised to grow at significant rate due to rise in demand for processed meat due to busy work schedule in U.S. is anticipated to fuel the market. Europe processed meat market growth is due to rise in demand for the animal protein, increase in the consumption of red meat, and rise in number of livestock industries in the region. However, Asia Pacific processed meat market has a lucrative growth owing to rise in population demand for ready to eat meat products in China, India, and Japan, rapid urbanization, and rise in per capita income are bolster the market.

 

Competitor Analysis

 

  • Cargill Inc. (U.S.)
  • NH Foods Ltd (Japan)
  • Tyson Foods Inc. (U.S.)
  • Smithfield Foods, Inc. (U.S.)
  • National Beef Packing Company, LLC (U.S.)
  • Cherkizovo Group PJSC (Russia)
  • JBS S.A. (Brazil)
  • ConAgra Foods Inc. (U.S.)
  • BRF S.A. (Brazil)

 

Notable Market Developments

 

  • In June 2017, Smithfield foods Inc. acquired Pini group’s Packaged meat companies for strengthening its supply chain in Poland and increase the high-quality packaged meats products

 

Key Features of the Report:

  • The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


Location

GEOGRAPHY

PBI Location Map

  • Cargill Inc. (U.S.)
  • NH Foods Ltd (Japan)
  • Tyson Foods Inc. (U.S.)
  • Smithfield Foods, Inc. (U.S.)
  • National Beef Packing Company, LLC (U.S.)
  • Cherkizovo Group PJSC (Russia)
  • JBS S.A. (Brazil)
  • ConAgra Foods Inc. (U.S.)
  • BRF S.A. (Brazil)

 

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