iCrowdNewswire Jan 13, 2021 4:00 AM ET
Global Frozen processed meat market is estimated to grow at the CAGR of 4.5%. Frozen processed meat basically Frozen processed by using various freezing technologies. Frozen processed meat majorly comes in two major category such as cured meat & uncured meat. Curing is preservation and flavoring process so as to enhance the flavor & shelf life end meat product.
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 during the forecasted period. 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. Rising disposable income is a supporting key factor for consumers to buy the products from the super markets & hyper markets.
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Major Key Players
This report includes a study of strategies such as mergers and acquisitions, product launches by the major frozen processed meat market players. It further includes product portfolios, developments of leading major players which includes
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.
Frozen processed meat is segmented on the basis of type, comprising of beef, pork, chicken, mutton, and others. Among all the segments, beef accounts the maximum market proportion in the global Frozen Processed Meat market. Rise in the availability of cattle in the various countries such as Argentina, Uruguay, and Australia is anticipated serve a lucrative opportunity among the meat manufacturer.
On the basis of process, the frozen processed meat market is segmented into cured, uncured, others. The cured segment is anticipated to dominate the market over the estimated period.
Frozen Processed Meat Market is segmented into Europe, North America, Asia Pacific, and rest of the world (ROW). Among these, Europe region is estimated to retain its dominance throughout the forecast period.
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