Hams Market: High Demand from Foodservice Sector to Keep the Market Afloat – Fact.MR Study

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Chilled Hams. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Chilled Hams Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Chilled Hams market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Chilled Hams

This newly published and insightful report sheds light on Market Insights of Chilled Hams, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Chilled Hams Market.

Study offers a comprehensive overview on diverse features that are inducing demand, revenue generation and sales in hams market across the globe.A comprehensive estimate on the hams market has also been made accessible by the experts, who have considered the market estimates on the basis of a likely scenario, an optimistic scenario, and a conservative scenario regarding sales of hams during the forecast period. Analysis and estimation of price point comparison by region and by product with the global average price has been included in this study.

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Hams Market: Segmentation

The FactMR’s study has done the segmentation of hams market on the basis of form, process, buyer, sales channel across eight regions.

Form

  • Fresh / Chilled
  • Frozen

Process

  • Air Dried Cured Hams
  • Smoked Hams

Buyer

  • Food Processor & Manufacturers
  • HoReCa Sector
  • Residential Buyers

Sales Channel

  • Supermarket/Hypermarket
  • Independent Retailers
  • Convenience Stores
  • Specialist Retailers
  • Online Retailers

Regions

  • North America
  • Latin America
  • Europe
  • China
  • Japan
  • South Korea
  • South East Asia
  • India
  • Oceania
  • MEA

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Key Takeaways of the Global Hams Market Study

  • China leads the global hams market, capturing a market share of over 45% in 2020. The country holds a large number of established meat processors and emerging ham facilities.
  • Fresh/chilled hams remain highly preferred over their frozen counterparts and are expected to account for over 65% of the total sales by 2030.
  • Strong demand for fresh/chilled hams from households and retail and foodservice chains continues to offer tailwinds to the market growth.
  • During the last five years, household demand for hams has been on a significant rise, attributing to robust expansion of retail chains and high popularity of e-Commerce platforms.

“Rising demand for ready-to-cook food is significantly augmenting the global hams market. Longer shelf-life of products allows producers to curb demand shocks by improving inventory control. Additionally, the ability to store the commodity would prevent producers from potential price crashes,” says the Fact.MR analyst.

Key Players Prioritize Product Portfolio Expansion to Gain Competitive Edge

The global hams market is highly fragmented in nature, characterized by the presence of a multitude of market players. Tier-1 companies include JBS, Yurun Group, Danish Crown, Tyson Foods, Smithfield Foods, Hormel Foods, Vion Food Group, Gordon, Food Service, OSI Group and Kaczanowski & Co Smallgoods.

These players have a global presence and are established in the foodservice realm. These companies are targeted towards a robust distribution network across the globe and have been recognized by most retailers and foodservices providers as the most reputed food processing firms. Other competitors are primarily focusing on developing robust supply chain networks locally.

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Key Question answered in the survey of Chilled Hams market report:

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More Valuable Insights on Chilled Hams Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Chilled Hams, Sales and Demand of Chilled Hams, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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