Frozen Meat Market is expected to grow at a CAGR over 4.28% post 2023, by product type, by end user, by distribution channel, by Region | Global Frozen Meat Market
Pune, Maharashtra -- (SBWIRE) -- 05/04/2017 -- Market Scenario
The significant factor driving the growth of the frozen meat market is the increasing demand of high protein food among the consumer. Consumers are inclined to adopt meat to fulfil their health nutrients. Furthermore the development of the food technology is providing the extra space for the frozen food manufacturers. Apart from that, the hectic lifestyles of the people coupled with the changing dietary patterns of the consumer are further propelling the demand of frozen meat market in the upcoming decade. In addition, mounting growth of organized retail industry is also anticipated to be one of the important factors for increasing growth of frozen meat market during the forecast period. Freezing the meat is one of the best & healthy method in preserving it, as low preservatives or natural preservatives are used in this process, this factor is also supporting the sales of frozen meat products.
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Food service industry is witnessing a healthy growth over the couple of years both in developed and developing economies which in turn offers a lucrative opportunity in the frozen meat market over the forecast period. Generally, food service companies purchase the product in a bulk quantity which is positively influencing the demand of frozen meat.
- AB NORDBAKELS (Sweden)
- Associated British Foods plc. (UK)
- Archer Daniels Midland Company (US)
- Kerry Group plc. (Ireland)
- LASENOR EMUL SL. (Spain)
- Cargill Incorporated (US)
- Lonza Group Ltd (Switzerland)
Frozen meat market has been segmented on the basis of product type which comprises of beef, pork, lamb, chicken & poultry, mutton and others. Among all the segments, beef accounts for the maximum market proportion in the global frozen 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. Apart from that, beef is economical as compare to the mutton. Among the end user segment, food service industry will observe high growth during the period of 2017 to 2023. However, retail customer will retain its dominance throughout the forecasted period. Among the distribution channel, hypermarkets is projected to account maximum market proportion over the forecast period.
The global frozen meat market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, Europe region is projected to retain its dominance throughout the forecasted period. The market is projected to grow at a steady pace in the review period. Asia-pacific will be the fastest growing region in the frozen meat market and high growth in emerging economies such as China, India, Japan and ASEAN countries. Latin American countries, offers ample opportunities for expansion to major players. Middle East region is projected to be one of the lucrative place to enhance the business of frozen meat.
By Product Type - Beef, Pork, Chicken & Poultry, Lamb, Mutton And Others
By End User - Food Service, Retail Customers
By Distribution Channel-Hyper Markets, Specialty Retailers, Convenience Stores, Independent Stores
By Region – North America, Europe, Asia-Pacific and ROW
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Table of Content
1 Executive Summary
2 Market Introductions
3 Research Methodologies
4 Market Dynamics
5 Market Trends
6 Market Factor Analysis
7. Market-By Product Type
7.2 Market Size (Sub Segments)
7.2.3. Chicken & Poultry
8. Market-By End User
8.2 Market Size (Sub Segments)
8.2.1 Food Service
8.2.2. Retail Customers
9. Market-By Distribution Channel
List of Tables
Table 1 Pestle Analysis - U.S.
Table 2 Pestle Analysis- Ireland
Table 3 Pestle Analysis- China
Table 4 Pestle Analysis- Japan
Table 5 Pestle Analysis- Germany
Table 6 Key Suppliers of Raw Materials For Frozen Meat
Table 7 Global Frozen Meat Market, By Product Type, (2017-2023), USD Million
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