Processed Meat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Processed Meat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • March 2020 •
  • 106 pages •
  • Report ID: 5878772 •
  • Format: PDF
The global processed meat market was valued at US$ 665 Billion in 2019.

Processed meat is an umbrella term that refers to meat products that have been altered for preservation, preparations in culinary procedures and improving taste and flavor. The meat is usually processed through salting, curing, smoking and fermenting, which reduce the growth of micro-organisms and prepare it for later consumption. Processed meat products are rich in proteins, vitamins, minerals and other nutrients such as selenium, choline, niacin and riboflavin, and generally include sausages, bacon, salami, hot dogs, beef jerky, canned meat and meat-based snacks.

The rapid growth of the food processing industry, along with an increasing demand for animal-based protein products, represent as the key factors driving the growth of the market. Owing to hectic working schedules and changing dietary patterns of the consumers, there is an increasing demand for ready-to-eat convenience food products. Furthermore, rising nutritional awareness among consumers and the availability of nutrient-rich packaged processed meat products have also favored the market growth. Additionally, the thriving foodservice and retail industry is contributing to the burgeoning product demand across the globe. Quick service restaurant (QSR) chains, hotels and various retail and convenience stores are offering a variety of products, which have processed meat as a key ingredient. Moreover, advancements in meat preservation techniques have resulted in enhanced production and longer shelf-life. Other factors, such as rising population and increasing expenditure capacity of the consumers, along with the availability of frozen products, are projected to drive the market in the coming years. Looking forward, the analyst expects the market to reach levels worth US$ 1,327 Billion by 2025, registering a CAGR of around 12% during 2020-2025.

Breakup by Meat Type:
Poultry
Beef
Mutton
Pork
Others

Breakup by Product Type:
Fresh-Processed Meat
Raw Fermented Meat
Raw-Cooked Meat
Pre-Cooked Meat
Cured Meat
Dried Meat
Others

Breakup by Processing Type:
Chilled
Frozen
Canned

Breakup by Distribution:
Institutional Sales (HoReCa)
Retail Sales
Supermarkets and Hypermarkets
Grocery Stores
Specialty Retailers
Online Stores
Others

Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Argentina
Columbia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being BRF SA, Cargill Inc., Foster Farms, Hormel Foods, JBS SA, Marel, Marfrig, National Beef, Nippon Ham Foods Ltd., Perdue Farms, Pilgrim’s Pride, Sadia, Sanderson Farms Inc, Sysco, Tyson Foods, etc.

Key Questions Answered in This Report:
How has the global processed meat market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the meat type?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the processing type?
What is the breakup of the market based on the distribution?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global processed meat market and who are the key players?
What is the degree of competition in the market?