Business Intelligence Report on the Processed Meat Market
Fact.MR, in a recently published market study, offers valuable insights related to the overall dynamics of the Processed Meat Market in the current scenario. Further, the report assesses the future prospects of the Processed Meat by analyzing the various market elements including the current trends, opportunities, restraints, and market drivers.
As per the report, the Processed Meat Market is set to grow at a CAGR of ~XX% over the forecast period 2018 to 2028 and exceed a value of ~US$ XX by the end of 2029. The report suggests that significant progress in technology, growing investments towards R&D projects, and increasing awareness related to curbing industrial waste are some of the primary factors that are expected to drive the growth of the Processed Meat Market during the assessment period 2018 to 2028.
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Key Information that can be drawn from the Processed Meat Market Report:
- The pricing structure of products offered by various market players
- Growth prospects of the various segments and sub-segments in the Processed Meat Market
- Notable trends that are expected to impact the dynamics of the Processed Meat Market
- Recent mergers, acquisitions, collaborations, and strategic alliances
- Growth opportunities for market players in various regional markets
Important queries related to the Processed Meat Market addressed in the report:
- Who are the most prominent players in the Processed Meat Market?
- Which product is likely to be the ‘cash cow’ for the players in the Processed Meat Market?
- How are the market players reducing their environmental footprint?
- Which region is expected to present a plethora of opportunities for market players in the Processed Meat Market?
- What are the different growth strategies adopted by market players?
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The presented report offers a microscopic view of the market scenario in different regions. The political and economic environment are thoroughly assessed to provide clarity on the growth prospects of the Processed Meat market in each regional market.
competitive landscape, get in touch with our experts.
This section in the Fact.MR study aids readers to comprehend information about critical developments in the processed meat market along with insightful information about the growth of the leading processed meat manufacturers in the market. The report features a complete list of leading stakeholders in the processed meat market and provides useful information about recent developments in the winning strategies of leading players in the processed meat market.
Processed meat market players mentioned in the report are JBS SA, Tyson Foods, Inc., Harim Co Ltd., WH Group, Hormel Food Corporation, Cargill Meat Solutions Corp., BRF, Smithfield Foods, Inc., Danish Crown A/S, and Lotte Foods, Inc.
Tyson Foods Inc., an American multinational corporation and a leading manufacturer of processed meat products, recently acquired six processing plants of Keystone Foods for US$ 2.16 billion in cash to expand its value-added protein capabilities. Keystone Foods is a leading supplier of processed meat products, such as port, beef, and chicken, and has a strong network of quick-service restaurant chains, as well as retail and convenience store channels, which will help Tyson Foods to gain momentum in the processed meat market.The company also announced thestart a US$ 300 million high-tech poultry meat processing plant in in western Tennessee to expand production of pre-packaged trays of fresh chicken to retail store chains in the region.
The Harim Company, a South Korean manufacturer of processed meat, announced that it has collaborated with Marel Poultry, a leading supplier of poultry processing equipment, and it will soon install four new Marel Poultry processing lines to modernize its meat processing facilities in Iksan, South Korea. The company is planning to incorporate advanced technologies to perform various meat processing operations, such as defeathering, scalding, chilling, and evisceration.
WH Group Ltd. – a Chinese food company and world’s leading supplier of pork – recently announced that its subsidiary company Smithfield Foods, Inc. acquired Clougherty Packing LLC, to be in line with its plans to strengthen its supply chain and sales network and processed meat product portfolio. Another leading processed meat product manufacturer, Hormel Foods Corporation recently launched a new product line of dry seasoned loin fillets in the U.S., to further expand its ‘The Always Tender’ line of pork tenderloins, pork loin fillets, and pork roasts.
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Processed meat are a type of meat products on which a series of operations and processes are performed to prolong their shelf life, improve characteristics, such as taste, flavor, and outer appearance, and reduce the time or efforts spent in performing culinary procedures on them before consumption.
According to the World Health Organization, processed meat is any kind of meat that has been transformed artificially through various processes such as fermentation, salting, smoking, or curing. Most processed meat contain poultry meat, beef, pork, and sheep meat. Sausages, hot dog, biltong, and corned beef are some of the most popular examples of processed meat.
About the Report
The Fact.MR report on the processed meat market is a reliable source of detailed information about the dynamics and growth prospects of the processed meat market. Readers can find comprehensive data and estimated values on how the processed meat market will grow during the forecast period 2018-2028.
The information about the growth parameters of processed meat market presented in the Fact.MR report is broadly divided into six main segments – product type, form, nature, buyer type, sales channel, and geographical region.
Based on product types, the processed meat market is segmented into beef, pork, poultry meat, and sheep meat. According to the form of processed meat, the processed meat market is segmented into fresh or chilled processed meat, frozen processed meat, and shelf stable processed meat. Based on the nature of processed meat products, the processed meat market is classified into two main categories – organic processed meat and conventional processed meat.
Based on buyers’ types, the processed meat market is divided into food processors & manufacturers, HoReCa sector, and household & residential buyers. Depending on processed meat sales channels, the processed meat market is segmented into traditional grocery stores, supermarket/hypermarket, internet retailing, convenience store/forecourt retailers, and discounters.
Based on geographical regions, the processed meat market is segmented into North America, Latin America, Europe, the Commonwealth of Independent States (CIS) & Russia, Japan, Asia Pacific excluding Japan (APEJ), and Middle East & Africa (MEA).
Additional Questions Answered
The Fact.MR report provides exclusive information about how the processed meat market is growing and its growth prospects. This information can help market players to understand the minute details about how other market players are paving their way through the processed meat market and their winning strategies.
The information presented in the processed meat market report answered important market-related questions for readers, which can help them to make appropriate business decisions in the coming future. Some of the questions include
- Why consumers are willing to purchase conventional processed meat products over organic processed meat products?
- Why the processed meat market in developed economies growing faster than any other regions?
- How is the global meat market impacting developments in the processed meat market?
- Which category of buyers account for a major share in purchasing processed meat products?
- What strategies are processed meat market leaders adopting to gain momentum in emerging economies?
The market research report on the processed meat market has been prepared by following a unique research methodology at Fact.MR. In-depth primary and secondary research is conducted to derive accurate information, in both qualitative and quantitative format, about how the processed meat market is growing. Analysts interview market leaders, industry experts, and other stakeholders in the processed meat market to reach most accurate conclusions on how the processed meat market will grow in the upcoming years.
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