Scope of the Study
As per the National Chicken Council (United States), total red meat & poultry consumption in the United States was 99.2 kg per capita in 2018, which is expected to reach 100 kg per capita in 2019. Therefore with the high demand for frozen meat and its rising consumption, the Global frozen meat market is expected to provide a huge opportunity for the market players thereby propelling the market growth. Frozen meat is prepared when meat is stored & unpacked under freezing conditions. Storage of frozen meat is a common preservation method, which reduces its enzyme activity thereby inhibiting the microbial proliferation, and prolongs the shelf life.
The market study is being classified by Type (Frozen Beef, Frozen Chicken, Frozen Lamb, Frozen Pork and Others), by Application (Households, Food Industry and Commercial) and major geographies with country level break-up. According to AMA, the Global Frozen Meat market is expected to see growth rate of 4.44%
Marfrig Group (Brazil), Kerry Group Plc (Ireland), BRF SA (Brazil), Associated British Foods Plc (United Kingdom), Pilgrim"s Pride Corporation (United States), Tyson Foods, Inc. (United States), Verde Farms (United States), Ashbourne Meat Processors (Ireland) and Cargill Beef (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Patterson Food Processors (United States), Kilcoy Pastoral Company (Australia), Rantoul Foods (United States) and Baltic Foods (Lithuania).
The Global Frozen Meat market is fragmented with various key players who are focused on increasing their consumer base and global footprint by adopting strategies such as mergers and acquisitions. Manufacturers of the market have indulged themselves in maintaining transparency and allow food traceability in order to manage and mitigate risk and lowering the impact of recalls and lowering liability costs.
AdvanceMarketAnalytics has segmented the market of Global Frozen Meat market by Type, Application and Region.
On the basis of geography, the market of Frozen Meat has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Frozen Meat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Meat Consumption among Consumers Globally
- Changing Lifestyle and High Disposable Income
- Rising Demand for Ready to Eat and Packaged Food
- High Demand for Protein Rich Food
- Longer Shelf Life & Food Safety of Frozen Meat
- High Tariffs Imposed on Imported Meat Products
- Lack of Cold Chain Infrastructure in Developing Economies
- Technological Advancement in Food Industry & Cold Chain Market
- Costly Frozen Meat Processing Methods
- Supply Chain Discrepancies
- Lack of Standardization of Refrigeration Techniques
Market Leaders and their expansionary development strategies
In 2017, Verde Farms LLC acquired Estanica Beef, Inc., producer of grass-fed beef who also offers frozen beef steaks. The acquisition will help Verde Farms to meet the increasing demand for grass-fed beef satisfying the demand of consumers.
Key Target AudienceFrozen Meat Processing Manufacturers, Food Industry, Industry Association, Potential Investors, Government & Regulatory Bodies and Marketing & Consulting Firms
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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