Global Processed Meat Market By Type (Chilled, Frozen, Canned/Preserved), Meat Type (Poultry, Beef, Pork , Mutton), Processing Technology (Fresh Processed Meat, Raw Cooked Meat, Pre Cooked meat, Raw Fermented Sausages, Cured meat, Dries Meat), Product Type (Cured, Uncured), Distribution Channel (Hypermarket/Supermarket, Convenience/Departmental Store, Specialty Store, Horeca, Others)

Market Analysis: Global Processed Meat Market
Global processed meat market is expected to rise to an estimated value of USD 1712.33 billion by 2026, registering a healthy CAGR during the forecast period of 2019-2026. This rise in market value can be attributed to rising need of ready-to-eat and convenient food.

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Market Definition: Global Processed Meat Market
Processed meats are similar to fresh meat and have been salted, cured, smoked, and fermented for preservatives. It reduces number of microorganisms and increases shelf life spam because processed meats are cooked products. Increasing consumption of meat among population is driving the demand of processed meat globally.

Market Drivers:
As processed food is rich in protein content, people started consuming more protein in their diet which enhances the demand of this market
• Rising disposable income is also driving the growth of this market
• Lack of time to cook at home due to busy schedules is also expected to drive the market growth
• Increasing pay level of the middle class consumer will also drive the growth of this market

Market Restraints:
• Due to high intake of processed meat products, s there has been increase in obesity and diabetics which can hamper the market growth
• Increasing adoption of the processed food among consumers is another factor restraining the market growth

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Segmentation: Global Processed Meat Market
By Meat Type
• Poultry
• Beef
• Pork
• Mutton
By Type
• Chilled
• Frozen
• Canned/Preserved
By Processing Technology
• Fresh Processed Meat
• Raw Cooked Meat
• Pre Cooked meat
• Raw Fermented Sausages
• Cured meat
• Dries Meat
By Product Type
• Cured
• Uncured
By Distribution Channel
• Hypermarket/Supermarket
• Convenience/Departmental Store
• Specialty Store
• Horeca
• Others

Key Developments in the Market:
In August 2018, Tyson Food Inc,. announced that they have acquired Keystone Foods business, a major supplier to global food industry. This acquisition will help the company to expand their presence in the market and provide more innovative products to their customers. Six processing plants in Georgia, North Carolina, Wisconsin, Pennysylvania, Kentucky, Alabama and Wisconsin are part of this acquisition
In October 2016, BRF S.A., Brazilian player in the processed meat market announced its partnership with COFCO meats, a Chinese food company. This partnership will lead to expansion of its products portfolio around globe and will benefit BRF S.A. in formulating strategic plans, access local markets and strengthen BRF’s brand
Competitive Analysis:
Global processed meat market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of processed meat market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Report Related
Global Meat Processing Equipment Market