Meat is the edible tissue of animals, typically consisting of muscle and fat. It is used as a food for humans and animals.
The key trends in meat technology are focused on improving the quality of meat products and making them healthier.
One trend is to develop meat substitutes that are made from plant-based proteins. These products are often fortified with nutrients, such as vitamins and minerals, to make them more nutritious than traditional meat products.
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Key Drivers
There are several key drivers of the meat market. The first is population growth.
The second driver is economic growth. As countries get wealthier, their citizens tend to consume more meat.
The third driver is urbanization. As people move from rural areas to cities, they typically consume less meat because it is more expensive and less available.
The fourth driver is changing diets. As people become more health-conscious, they are eating less meat.
Restraints & Challenges
The key restraints and challenges in the meat market are the health concerns associated with meat consumption, the environmental impact of meat production, and the ethical concerns surrounding the treatment of animals in the meat industry.
Health concerns: There are a number of health concerns associated with meat consumption. These include the risks of foodborne illness, the link between meat consumption and certain chronic diseases, and the impact of meat production on antibiotic resistance.
Foodborne illness: Meat is a common source of foodborne illness. This is because meat can be contaminated with bacteria, viruses, and parasites that can cause illness. The risk of foodborne illness can be reduced by cooking meat thoroughly and avoiding cross-contamination with other food.
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Market Segments
The Meat Market is segmented by meat type, product type, application, and region. On the basis of meat type, the market is segregated into poultry, beef, pork, and others. On the basis of product type, it is classified into frozen, chilled, and canned. On the basis of the application, it is bifurcated into hypermarket and convenience store. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Meat Market includes players such as American Foods Group, LLC., Cargill, Hormel Foods Corporation, JBS S.A., Koch Foods, LLC, OSI Group, Perdue Farms, Inc., Smithfield Foods, Inc., Swiss Meat & Sausages Co., and Tyson Foods, Inc.
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