A recent report published by Infinium Global Research on frozen meat market provides in-depth analysis of segments and sub-segments in the global as well as a regional frozen meat market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional frozen meat market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global frozen meat market. According to the report, the global frozen meat market is projected to grow at a CAGR of 4.9% over the forecast period of 2019-2025.
Frozen meat is a common preservation method that reduces postmortem enzyme activity inhibits microbial growth and improves the shelf life of meat. Owing to the advantage of long term storage the frozen meat can be transport to the long distance.
The growing demand for processed meat owing to busy lifestyles and changing food preferences globally is one of the major factors fuelling the growth of the market. Convenience with the cooking in a short period of time gives an advantage over conventional meat cooking. Changing food habitat and rising preference toward healthy food in developing countries is also contributing to the growth of the market. Moreover, rising investments in research for the improvement in the long term storage of meat is also supporting the growth of the market. On the other hand, the high cost associated with frozen meat processing methods can hamper the growth of the market. However, changing food habitats, especially in the young generation will provide ample opportunities to the market in the forecast period.
Based on the region the frozen meat market is classified into North America, Europe, Asia-Pacific, and RoW. The Asia-Pacific dominates the market and is expected to keep its dominance over the forecast period. The high rate of import and consumption of frozen meat, an increase in the number of food joints, and seasonality boosting the market growth in this region, additionally, Increasing the importance of healthy products especially in Chinese consumers are estimated to increase the demand for frozen meat in the forecast period. The market in North America and Europe is anticipated to grow with a significant rate, the rising demand for processed food and easy availability are the driving factors for the growth of the market.
The report on global frozen meat market covers segments such as product type, and end user. On the basis of product type, the sub-markets include beef, chicken, lamb, pork, and other product type. On the basis of end user, the sub-markets include food chain services, modern trade, departmental stores, online stores, and other end users.
The report provides profiles of the companies in the market such as Marfrig Group, Kerry Group Plc., BRF S.A., Associated British Foods Plc., Pilgrim’s Pride Corporation, Tyson Foods, Inc., Verde Farms, LLC, Cargill Beef, Arcadian Organic & Natural Meat Co., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of frozen meat market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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