Global Frozen Processed Meat Market – Overview

Growing demand for meat products and high inclination towards meat for protein intake is driving the market for frozen processed meat. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Frozen Processed Meat Market Research Report- Forecast to 2022’ that the market will demonstrate an exceptional CAGR during the forecast period.

Frozen Processed Meat involves basic food chemistry under which the meat is conserved by a freezing process and kept in a freezer before cooking. Frozen Processed Meat are of various types such as beef, pork, chicken & poultry, mutton, lamb and others. The food industry is observing a substantial growth over the last decade. Frozen food is in high demand among the consumer and frozen processed meat is one of the important part of that. The significant factor driving the growth of the Frozen Processed Meat Market is the increasing demand of high protein food among the consumer. Consumers are inclined to adopt meat to fulfil their health nutrients. Furthermore, the development of the food technology is providing the extra space for the frozen food manufacturers.

Apart from that, the hectic lifestyles of the people coupled with the changing dietary patterns of the consumer is further propelling the demand of frozen processed meat market in the upcoming decade. Rising number of nuclear families in developed countries coupled with the mounting migration of people from rural areas to metropolitan cities is anticipated to drive the demand for frozen processed meat in the upcoming decade. In addition, mounting growth of organized retail industry is also anticipated to be one of the important factor for increasing growth of frozen processed meat market during the forecast period.

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Consumers are interested to buy the products from the super markets & hyper markets instead of the normal grocery shop. Food service industry is witnessing a healthy growth over the couple of years both in developed and developing economies which in turn offers a lucrative opportunity in the frozen processed meat market over the forecast period. Generally, food service companies purchase the product in a bulk quantity which is positively influencing the demand of frozen processed meat.

Key Findings

Europe holds the largest share in frozen processed meat market
India and China are the opportunistic market for frozen processed meat market in Asia Pacific

Global Frozen Processed Meat Market – Segments

The global frozen processed meat market has been divided into type, process, distribution channel, and region.

On The Basis of Type: Beef, Pork, Chicken, Mutton, and Others

On The Basis of Process: Cured, Uncured, and Others

On The Basis of Distribution Channel: Store Based, and Non-Store Based

On The Basis of Region: North America, Europe, Asia Pacific, and ROW.

Global Frozen Processed Meat Market - Regional Analysis

The Global Frozen Processed Meat Market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Europe is anticipated to be dominating the frozen processed meat market followed by North America. Presence of key players in the U.S. followed by rising inclination towards portable convenience foods is a driving factor for growth of frozen processed meat market in North America.

Asia Pacific is projected to be the fastest growing region for frozen processed meat market in which China and Japan are the major contributors followed by India. Moreover, Latin American countries, offer ample opportunities for expansion to major players. Middle East region is projected to be one of the lucrative place to enhance the business of frozen processed meat.

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Key Players

Some of the key players profiled in the global frozen processed meat market are Marfrig Group (Brazil), Kerry Group Plc. (Ireland), BRF S.A. (Brazil), Associated British Foods Plc (U.K), Pilgrim’s Pride Corporation (U.S.), Cargill Incorporated (U.S.), and Tyson Foods, Inc. (U.S.) among many others.

Know More: http://www.abnewswire.com/pressreleases/frozen-processed-meat-market-2019-brief-analysis-size-share-statistics-trends-business-strategy-segmentation-analysis-and-global-industry-forecast-to-2023_338625.html