Meat that has been frozen or undergone mechanical processes like cutting and slicing remains thought of unprocessed. All meat that has been smoke-cured, salted, cured, dried, or canned is considered processed. This includes sausages, hot dogs, salami, ham, and cured bacon. Per the food and drug administration, you'll keep cuts, like roasts, frozen for anyplace from four to twelve months and steaks for six to twelve months.This growth is primarily driven by Growing Demand of Processed Meat Owing to Busy Lifestyles and Changing Food Preferences and Rising Demand for the Meats in Colder Regions as Part of Diet to Keep the Body Warmth.
Globally, a noticeable market trend is evident Clean Label Packaging and Addition of Safe Additives for Preservation. The Food Products sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Marfrig Group (Brazil), Kerry Group PLC (Ireland), BRF S.A. (Brazil), Associated British Foods PLC (United Kingdom), Pilgrimís Pride Corporation (United States), Cargill Incorporated (United States), Tyson Foods Inc. (United States), JBA S.A. (Brazil), Hormel Foods Corporation (United States) and Agthia Group (United Arab Emirates) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Agthia Group, UAE -based food and beverage company, acquire Ismailia Investments, a leader in frozen chicken and beef products. This acquisition will bring expertise of Ismailia Investmentís expertise in frozen processed meat products and will help position Agthia as the leading FMCG player.
- Growing Demand of Processed Meat Owing to Busy Lifestyles and Changing Food Preferences
- Rising Demand for the Meats in Colder Regions as Part of Diet to Keep the Body Warmth
- Clean Label Packaging and Addition of Safe Additives for Preservation
- High Cost Associated with Frozen Meat Processing Methods
- Rising Vegan Population restrains the Market Growth
Rising Demand for the Frozen Meat in Food Chains for Fried Foods and Fast Foods and Increasing Demand for the Frozen Meats in Functional Foods for Fitness Industry
Side Effects and Spoilage with Frozen Meat if Not Stored Properly and Demand for the Fresh Meat
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Frozen Processed Meat Study Sheds Light on
The Frozen Processed Meat Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Frozen Processed Meat industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Frozen Processed Meat industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Frozen Processed Meat Market?
The Frozen Processed Meat market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Frozen Processed Meat Market?
Top performing companies in the Global Frozen Processed Meat market are Marfrig Group (Brazil), Kerry Group PLC (Ireland), BRF S.A. (Brazil), Associated British Foods PLC (United Kingdom), Pilgrimís Pride Corporation (United States), Cargill Incorporated (United States), Tyson Foods Inc. (United States), JBA S.A. (Brazil), Hormel Foods Corporation (United States) and Agthia Group (United Arab Emirates), to name a few.
3. Which region dominated the worldwide market for Frozen Processed Meat in 2020?
North America is dominating the Frozen Processed Meat Market.