The Processed Meat Market Globally at a rate of 5.4% in the forecast period 2022 to 2029.
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What is the Processed Meat Market Scope and Market Size?
· On the basis of packaging material, the global processed meat market is segmented into plastic, glass, paper/cardboard, metal, and others. In 2022, the plastic segment is expected to dominate the market due to the lightweight and easy-to-handle nature of plastic packages.
· On the basis of end-user, the processed meat market is segmented into household and food service sectors. In 2022, the food service sector segment is expected to dominate the processed meat market due to the rapid expansion of fast-food chains such as KFC, McDonald's, Subway, Burger King, Taco Bell, and others.
· On the basis of distribution channels, the global processed meat market is segmented into store-based retailers and non-store-based retailers. In 2022, the store-based retailer segment is expected to dominate the market due to the availability of trained company representatives in supermarkets and hypermarkets.
· On the basis of product type, the global processed meat market is segmented into beef, pork, goat, lamb, chicken, turkey, duck, and fish. In 2022, the chicken segment is expected to dominate the market due to the increasing import and export of poultry meat.
Market Analysis and Insights: Global Processed Meat Market
· The global processed meat market is expected to grow in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2022 to 2029 and is expected to reach USD 463,725.60 million by 2029.
· Increased demand for processed meat in the food and pharmaceutical industries may drive growth in the global processed meat market.
· Processed meat can be defined as meat supplemented with several additives and preservatives such as acidifiers, minerals, salts, and various other seasoning and flavouring agents.
· The meat is primarily processed to enhance its quality, prevent degeneration, and add flavours to its original composition. It can be red meat or white meat from swine, poultry, cattle, or sea animal meat.
Global Processed Meat Market Country Level Analysis
The global processed meat market is segmented into eight notable segments based on type, product type, category, nature, packaging type, packaging material, end-user, and distribution channel.
The countries covered in the global processed meat market report are the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Austria, Russia, Denmark, Sweden, Poland, Turkey and Rest of Europe, Japan, China, South Korea, India, Australia, Thailand, Singapore, New Zealand, Vietnam, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Qatar, Kuwait, Oman and Rest of the Middle East and Africa.
What are the Key Players in the Meat market?
Some of the major players operating in the global processed meat market are Cargill, Incorporated, JBS Foods, Tyson Foods, Inc., Smithfield Foods, Inc, Hormel Foods Corporation, Groupe Bigard, NH Foods Ltd., Louis Dreyfus Company, Tönnies Group, Koch Foods., Gausepohl Fleisch Deutschland GmbH, HKScan, Gruppo Veronesi, TERRENA, Müller Gruppe, OSI Group, Charoen Pokphand Foods PCL., Perdue Farms Inc., Sanderson Farms, Incorporated., National Beef Packing Company L.L.C., Westfleisch SCE mbH, Marfrig, Vion Food Group, Danish Crown A.M.B.A, The Kraft Heinz Company, among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Processed Meat Market
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