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The frozen processed meat market is seeing consistent growth, impacted by different elements that line up with changing customer ways of life, comfort inclinations, and the demand for prepared to-cook choices. One essential element adding to the market's development is the rising speed of present-day life, driving shoppers to look for advantageous and efficient dinner arrangements. Frozen processed meats, including burgers, hot dogs, and chicken strips, give a speedy and simple choice for home cooks, lessening the planning time ordinarily connected with new meats.
The globalization of food inclinations assumes a part in forming the frozen processed meat market. As shoppers become gutsier and more open to attempting worldwide cooking styles, the market presents an assortment of internationally enlivened frozen processed meat products. This incorporates things like kebabs, spring rolls, and meatballs that carry the kinds of various societies to the solace of shoppers' homes. The variety in item contributions mirrors the market's obligation to giving decisions that adjust developing taste inclinations.
Health and wellness contemplations are affecting the frozen processed meat market, with shoppers looking for choices that offset accommodation with nutritional worth. Brands are answering by presenting healthier definitions, decreasing added substances, and offering more streamlined meat choices. The market's development incorporates the presentation of products with lower sodium content, less additives, and upgraded nutritional profiles, fulfilling the needs of health-cognizant customers without settling for less on taste and comfort.
Advancement in item improvement is a key element driving the frozen processed meat market. Brands are constantly presenting new flavors, cooking strategies, and bundling configurations to catch shopper interest. From connoisseur frozen burgers with one-of-a-kind mixes of flavors to microwavable frozen meat products, the market endeavors to meet the developing inclinations and assumptions for customers searching for energizing and simple to-plan dinner choices.
Covered Aspects:
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Frozen Processed Meat Market Highlights:
Global Frozen Processed Meat Market Overview:
The global frozen processed meat market is expected to register 6.8% CAGR from 2022 to 2030 and reach USD 61.9 billion by the end of 2030. Frozen processed meat constitutes meat products, which are processed and stored at lower temperatures to inhibit the growth of micro-organisms.
The increasing per capita disposable income coupled with changing lifestyles is driving the growth of the global frozen processed meat market. The rapidly growing food service industry is expected to boost the growth of the market. Rising acceptance for processed food is predicted to foster the growth of the global market. Additionally, owing to the increasing health awareness consumers are now shifting from canned food towards frozen foods, which is anticipated to fuel the growth of the frozen processed meat market.
Segmentation:
The global frozen processed meat market has been segmented based on type, process, distribution channels, and region.
The global frozen processed meat market has been classified, based on type, into pork, beef, chicken, and others. The market has been bifurcated, based on process, into cured and uncured. The market has been segmented, based on distribution channel, into store-based and non-store-base. The store-based segment is further classified into supermarket and hypermarkets, convenience stores, and others.
The global frozen processed meat market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American market has further been segmented into the US, Canada, and Mexico. The European market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The market in Asia-Pacific has been segmented into China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific. The frozen processed meat market, in the rest of the world, has been segmented into South America, the Middle East, and Africa.
Regional Market Summary:
The market in North America is expected to dominate the global frozen processed meat market due to the increasing consumption of meat products and the well-established foodservice industry. Moreover, the high per capita disposable income of the population in the region is expected to fuel the growth of the global market.
Asia-Pacific is projected to grow at the highest CAGR in the global frozen processed meat market, due to the increasing demand for food as a result of the rapidly increasing population. Moreover, the changing lifestyle and food habits of the consumers in the region is anticipated to foster the growth of the global market. The global frozen processed market in the rest of the world is expected to grow at a steady rate due to the increasing consumption of meat in many parts of the world.
Key Players:
Marfrig Group (Brazil), Kerry Group Plc. (Ireland), BRF S.A. (Brazil), Associated British Foods Plc (UK), Pilgrim’s Pride Corporation (US), Cargill Incorporated (US), Tyson Foods, Inc. (US), JBS S.A. (Brazil), BRF S.A. (Brazil), Hormel Foods Corporation (US), NH Foods Ltd. (Japan), Smithfield Foods (US), Flanders Provision (US), Conagra Foods (US), and Keystone Foods (US) are some of the key players in the global market.
Market, by Type
- Pork
- Beef
- Chicken
- Others
Market, by Process
- Cured
- Uncured
Market, by Distribution Channels
- Store-Based
- Supermarkets & Hypermarkets
- Convenience Stores
- Others
- Non-Store-Based
Market, by region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- Rest of Asia-Pacific
- Rest of the World (RoW)
- South America
- Middle East
- Africa
Recent Devlopment
Tyson Foods introduced a new range of breaded chicken goods called "Air Fryables," which are specifically made for air fryers.
Hormel Foods acquired Jennie-O Turkey Store to increase its market share in frozen chicken. It has also introduced "Spam Bites," a miniature variation of its well-known canned meat product.
Intended Audience
- Processors of frozen processed meat
- Traders and distributors of frozen processed meat
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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