Frozen Meat Products Market Future Prospects and Forecast To 2028
The global frozen meat products market size was valued at USD 74.6 billion in 2021 and is poised to grow at a significant CAGR of 4.6% during the forecast period 2022-28. Meat comprises of skeletal muscle tissue, including greasy, connective and bone tissue, beginning from butchered, cleaned and gutted creatures. Often transported sorts of meat are cows (quarters of hamburger), pigs (sides of pork), calves, sheep and sheep (entire or administered). Freezing to a great extent smothers the movement of microorganisms and compounds, so guaranteeing longer conservation than for chilled meat. Meat on the remains, for example, sides of pork, quarters of hamburger and so forth is rapidly frozen in a freezing tunnel in which the meat is presented to an impact of cool air and in some cases totally solidified in under 24 hours. The Frozen Meat Products Market offers a lucrative open door in the retail business. Retail industry is watching a considerable development in the course of the most recent decade which thus emphatically affecting the general demand for the frozen meat market.
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While an augmenting number of individuals are settling on the vegan lovers and even vegetarian sustenance over the world, meat products keep on being the most unmistakable element of day by day eating regimen of extensive masses. With innovative progressions, it is currently conceivable to safeguard meat items for expanded timeframes by the methods for solidifying and the market for solidified meat has been thriving on the back of developing dependence of urban populaces on simple to cook sustenance items and ready to-eat products.
The global frozen meat products market segmentation:
1) By Form: Frozen Processed Meat, Frozen Whole Cut.
2) By Type of Meat: Chicken, Beef, Pork, Lamb, Other.
3) By Distribution Channel: Food Chain Services, Online Stores, Departmental Stores, Other.
Geographically Frozen Meat Products Market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America is dominating the market of frozen meat products followed by Europe owing to the easy availability of meat products, organised regulatory framework, high consumption of meat by the people, rapid advancements in the technologies, high adoption towards the ready to cook and convenience foods.
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The frozen meat products market key players are Kerry Group Plc. (Ireland), Marfrig Group. (Brazil), BRF S.A. (Brazil), Pilgrim’s Pride Corporation (U.S.), Associated British Foods Plc. (U.K.), Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.)
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