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.