From 2023 to 2033, worldwide processed meat consumption is forecasted to increase at a steady 4.5% CAGR. Presently, the global processed meat market accounts for a value of US$ 335 billion and is estimated to attain a revenue valuation of US$ 519.8 billion by 2033-end.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Processed Meat market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Processed Meat market.
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Key Companies Profiled
- ConAgra Foods Inc.
- Cargill Meat Solution Corp.
- JBA SA
- SYSCO Corp.
- OSI Group
- Hormel Food
- WH Group
- Smithfield Foods Inc.
- Danish Crown A/S
- Harim Co Ltd.
- BRF SA
- Tyson Foods Inc.
- Cherkizovo Group PJSC
Key findings of the Processed Meat market study:
- Regional breakdown of the Processed Meat market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Processed Meat vendors in detail.
- Region-wise and country-wise fragmentation of the Processed Meat market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Processed Meat market.
Competitive Landscape
Processed meat suppliers are focusing on diversifying their product portfolio by launching new aged meat cuts, dry-aged beef, sausages, and cured meats.
- In March 2022, Makro introduced its dry-aged Australian beef offering at Makro Food Service Sukhumvit 22 Branch, Thailand. The new product was launched especially to cater to beef aficionados.
- In December 2022, Carrefour, a retail organization headquartered in France partnered with a young Emirati chef Aysha Al Obeidli, to create a unique premium butchery experience with innovative recipes using the finest of ingredients. The new range of meat comprises dry-aged wagyu, Black Angus, Angus, and Japanese Angus.
- In December 2022, Black Angus Steakhouse, a restaurant chain in the U.S. since 1964 announced the launch of its new direct-to-consumer premium meats program through its online portal. Consumers will now be able to order high-quality steaks and cook them on their own at home.
Key Segments of Processed Meat Industry Research
- By Product Type :
- Beef
- Pork
- Poultry Meat
- Sheep Meat
- By Form :
- Fresh
- Frozen
- Shelf Stable
- By Nature :
- Organic Processed Meats
- Conventional Processed Meats
- By Application :
- Food Processing Industry
- Food Service Industry
- By Sales Channel :
- Hypermarkets/Supermarkets
- Traditional Grocery Stores
- Convenience Stores
- Discount Stores
- Online Retail Stores
- Others
- By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
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Queries addressed in the Processed Meat market report:
- Why are the Processed Meat market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Processed Meat market?
- Which regions are displaying the fastest growth in the Processed Meat market?
- What are the underlying micro-macroeconomic factors affecting the global Processed Meat market?
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