Global Processed Meat Market Research Report Information by Meat Type, By Product Type, By Application, By Distribution Channel, And by Region Forecast Till 2032

Description

List of Tables

Global Processed Meat Market Research Report Information by Meat Type (Poultry, Beef, Pork, Others), By Product Type (Frozen, Chilled, Canned), By Application (Commercial, Residential), By Distribution Channel (HoReCa, Supermarkets, Convenience Stores, Independent Retailers, Others), And by Region (North America, Europe, Asia-Pacific, And Rest of The World) Forecast Till 2032

Overview of the Market

In 2022, the processed meat market was estimated to be worth USD 515.2 billion. The market for processed meat is expected to expand at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2032, from USD 548.68 billion in 2023 to USD 908.07 billion. Consumer preference for flavored meat products and rising demand for ready-to-eat and ready-to-cook food items are the main factors propelling the market's expansion.

Growing customer preference for healthier options is one significant trend in the processed meat sector. Customers are looking for healthier options as they become more aware of the health risks-such as obesity, cancer, and heart disease-that come with consuming too much processed meat. The demand for processed meat, which is created with leaner cuts of meat, natural ingredients, and less sodium and preservatives, has increased because of this trend. Furthermore, plant-based equivalents for conventional processed meats, like plant-based sausages, veggie burgers, and meat alternatives, are becoming more popular among customers who are concerned about their health. The market CAGR is driven by this aspect.

Perspectives on Market Segments

Among the meat types included in the processed meat market segmentation are poultry, beef, pork, and others.

Frozen, chilled, and canned are the product types included in the market segmentation for processed meat. The market is dominated by chilled goods, while frozen goods are expanding at the quickest rate.

Based on application, the processed meat industry is divided into two segments: commercial and residential. Commercial applications are the most popular, while residential usage is the one with the quickest rate of growth.

HoReCa, supermarkets, convenience stores, independent retailers, and others are included in the distribution channel-based segmentation of the processed meat market.

Regional Perspectives

The analysis offers market insights for North America, Europe, Asia-Pacific, and the rest of the world by region. Because of its highly developed food processing industry, cutting-edge manufacturing technologies, and established distribution network, which facilitates the efficient production and distribution of processed meat products throughout the continent, the North American market will dominate this one. Additionally, the increasing number of fitness centers and health clubs opening will promote market expansion in this area.

Because of its rich culinary heritage and wide variety of traditional processed meat products that are ingrained in its culture, Europe has the second-largest market share in the processed meat industry. Additionally, the UK processed meat market grew at the quickest rate in the European region, while the German processed meat industry had the largest market share.

From 2023 to 2032, the Asia-Pacific Processed Meat Market is anticipated to expand at the quickest compound annual growth rate. The need for quick and ready-to-eat food options, such as processed meat products, is growing as a result of urbanization and population growth. Furthermore, in the Asia-Pacific area, the Indian processed meat industry grew at the fastest rate, while China's processed meat market held the greatest market share.

Key Players

Tyson Foods Inc. (United States), Smithfield Foods, Inc. (United States), Cargill Incorporated (United States), Pilgrim's Pride Corporation (United States), The Kraft Heinz Company (United States), China Xiangtai Food Co., Ltd. (China), Hormel Foods Corporation (United States), Conagra Brands Inc. (United States), Foster Farms (United States), JBS S.A. (Brazil), and others are major players in the processed meat market.

Product Code: MRFR/F-B & N/20132-HCR

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. DEFINITION
2.2. SCOPE OF THE STUDY
- 2.2.1. RESEARCH OBJECTIVE
- 2.2.2. ASSUMPTIONS
- 2.2.3. LIMITATIONS

3. RESEARCH METHODOLOGY

3.1. OVERVIEW
3.2. DATA MINING
3.3. SECONDARY RESEARCH
3.4. PRIMARY RESEARCH
- 3.4.1. PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS
- 3.4.2. BREAKDOWN OF PRIMARY RESPONDENTS
3.5. FORECASTING MODEL
3.6. MARKET SIZE ESTIMATION
- 3.6.1. BOTTOM-UP APPROACH
- 3.6.2. TOP-DOWN APPROACH
3.7. DATA TRIANGULATION
3.8. VALIDATION

4. MARKET DYNAMICS

4.1. OVERVIEW
4.2. DRIVERS
4.3. RESTRAINTS
4.4. OPPORTUNITIES

5. MARKET FACTOR ANALYSIS

5.1. VALUE CHAIN ANALYSIS
5.2. PORTER'S FIVE FORCES ANALYSIS
- 5.2.1. BARGAINING POWER OF SUPPLIERS
- 5.2.2. BARGAINING POWER OF BUYERS
- 5.2.3. THREAT OF NEW ENTRANTS
- 5.2.4. THREAT OF SUBSTITUTES
- 5.2.5. INTENSITY OF RIVALRY
5.3. COVID-19 IMPACT ANALYSIS
- 5.3.1. MARKET IMPACT ANALYSIS
- 5.3.2. REGIONAL IMPACT
- 5.3.3. OPPORTUNITY AND THREAT ANALYSIS

6. PROCESSED MEAT MARKET, BY MEAT TYPE

6.1. OVERVIEW
6.2. POULTRY
6.3. BEEF
6.4. PORK
6.5. OTHERS

7. PROCESSED MEAT MARKET, BY PRODUCT TYPE

7.1. OVERVIEW
7.2. FROZEN
7.3. CHILLED
7.4. CANNED

8. PROCESSED MEAT MARKET, BY APPLICATION

8.1. OVERVIEW
8.2. COMMERCIAL
8.3. RESIDENTIAL

9. PROCESSED MEAT MARKET, BY DISTRIBUTION CHANNEL

9.1. OVERVIEW
9.2. HORECA
9.3. SUPERMARKETS
9.4. CONVENIENCE STORES
9.5. INDEPENDENT RETAILERS
9.6. OTHERS

10. PROCESSED MEAT MARKET, BY REGION

10.1. OVERVIEW
10.1. NORTH AMERICA
- 10.1.1. US
- 10.1.2. CANADA
10.2. EUROPE
- 10.2.1. GERMANY
- 10.2.2. FRANCE
- 10.2.3. UK
- 10.2.4. ITALY
- 10.2.5. SPAIN
- 10.2.6. REST OF EUROPE
10.3. ASIA-PACIFIC
- 10.3.1. CHINA
- 10.3.2. INDIA
- 10.3.3. JAPAN
- 10.3.4. SOUTH KOREA
- 10.3.5. AUSTRALIA
- 10.3.6. REST OF ASIA-PACIFIC
10.4. REST OF THE WORLD
- 10.4.1. MIDDLE EAST
- 10.4.2. AFRICA
- 10.4.3. LATIN AMERICA

11. COMPETITIVE LANDSCAPE

11.1. OVERVIEW
11.2. COMPETITIVE ANALYSIS
11.3. MARKET SHARE ANALYSIS
11.4. MAJOR GROWTH STRATEGY IN THE PROCESSED MEAT MARKET,
11.5. COMPETITIVE BENCHMARKING
11.6. LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE PROCESSED MEAT MARKET,
11.7. KEY DEVELOPMENTS AND GROWTH STRATEGIES
- 11.7.1. NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
- 11.7.2. MERGER & ACQUISITIONS
- 11.7.3. JOINT VENTURES
11.8. MAJOR PLAYERS FINANCIAL MATRIX
- 11.8.1. SALES & OPERATING INCOME,
- 11.8.2. MAJOR PLAYERS R&D EXPENDITURE,

12. COMPANY PROFILES

12.1. HORMEL FOODS CORPORATION (UNITED STATES)
- 12.1.1. COMPANY OVERVIEW
- 12.1.2. FINANCIAL OVERVIEW
- 12.1.3. PRODUCTS OFFERED
- 12.1.4. KEY DEVELOPMENTS
- 12.1.5. SWOT ANALYSIS
- 12.1.6. KEY STRATEGIES
12.2. CONAGRA BRANDS INC. (UNITED STATES)
- 12.2.1. COMPANY OVERVIEW
- 12.2.2. FINANCIAL OVERVIEW
- 12.2.3. PRODUCTS OFFERED
- 12.2.4. KEY DEVELOPMENTS
- 12.2.5. SWOT ANALYSIS
- 12.2.6. KEY STRATEGIES
12.3. FOSTER FARMS (UNITED STATES)
- 12.3.1. COMPANY OVERVIEW
- 12.3.2. FINANCIAL OVERVIEW
- 12.3.3. PRODUCTS OFFERED
- 12.3.4. KEY DEVELOPMENTS
- 12.3.5. SWOT ANALYSIS
- 12.3.6. KEY STRATEGIES
12.4. JBS S.A. (BRAZIL)
- 12.4.1. COMPANY OVERVIEW
- 12.4.2. FINANCIAL OVERVIEW
- 12.4.3. PRODUCTS OFFERED
- 12.4.4. KEY DEVELOPMENTS
- 12.4.5. SWOT ANALYSIS
- 12.4.6. KEY STRATEGIES
12.5. TYSON FOODS INC. (UNITED STATES)
- 12.5.1. COMPANY OVERVIEW
- 12.5.2. FINANCIAL OVERVIEW
- 12.5.3. PRODUCTS OFFERED
- 12.5.4. KEY DEVELOPMENTS
- 12.5.5. SWOT ANALYSIS
- 12.5.6. KEY STRATEGIES
12.6. SMITHFIELD FOODS, INC. (UNITED STATES)
- 12.6.1. COMPANY OVERVIEW
- 12.6.2. FINANCIAL OVERVIEW
- 12.6.3. PRODUCTS OFFERED
- 12.6.4. KEY DEVELOPMENTS
- 12.6.5. SWOT ANALYSIS
- 12.6.6. KEY STRATEGIES
12.7. CARGILL INCORPORATED (UNITED STATES)
- 12.7.1. COMPANY OVERVIEW
- 12.7.2. FINANCIAL OVERVIEW
- 12.7.3. PRODUCTS OFFERED
- 12.7.4. KEY DEVELOPMENTS
- 12.7.5. SWOT ANALYSIS
- 12.7.6. KEY STRATEGIES
12.8. PILGRIM'S PRIDE CORPORATION (UNITED STATES)
- 12.8.1. COMPANY OVERVIEW
- 12.8.2. FINANCIAL OVERVIEW
- 12.8.3. PRODUCTS OFFERED
- 12.8.4. KEY DEVELOPMENTS
- 12.8.5. SWOT ANALYSIS
- 12.8.6. KEY STRATEGIES
12.9. THE KRAFT HEINZ COMPANY (UNITED STATES)
- 12.9.1. COMPANY OVERVIEW
- 12.9.2. FINANCIAL OVERVIEW
- 12.9.3. PRODUCTS OFFERED
- 12.9.4. KEY DEVELOPMENTS
- 12.9.5. SWOT ANALYSIS
- 12.9.6. KEY STRATEGIES
12.10. CHINA XIANGTAI FOOD CO., LTD. (CHINA)
- 12.10.1. COMPANY OVERVIEW
- 12.10.2. FINANCIAL OVERVIEW
- 12.10.3. PRODUCTS OFFERED
- 12.10.4. KEY DEVELOPMENTS
- 12.10.5. SWOT ANALYSIS
- 12.10.6. KEY STRATEGIES

13. APPENDIX

13.1. REFERENCES
13.2. RELATED REPORTS