Processed Meat: Global Markets

Report Code: FOD133A

Publish Date: Sep 2024

Publisher: BCC Publishing

Category: Food

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Report Highlights

This report provides an overview of the global processed meat market, offering detailed insights into its current scenario and future potential. It includes market projections through 2029 and evaluates the market position of key players. The report categorizes the processed meat market based on product type, animal type, distribution channel, and region.

Report Includes

  • Analyses of global market trends, with market revenue data from 2023, estimates for 2024, and projected CAGRs through 2029
  • Estimate of the current market size and revenue prospects of the global market for processed meat, along with a market share analysis by product type, animal type, distribution channel, and region
  • An assessment of the potential for processed meat
  • Discussion of the market dynamics, technological advances, regulations, and the impacts of macroeconomic variables on the market
  • Insights derived from the Porter’s Five Forces model, as well as global supply chain and PESTLE analyses
  • Overview of sustainability trends and ESG developments, with a focus on consumer attitudes, companies’ ESG score ratings and their ESG practices
  • An analysis of the competitive landscape, including companies’ market shares, business segments, financials, product portfolios, recent M&A activity and venture funding
  • Profiles of the major global players

Report Scope

This report analyzes the global processed meat markets, using 2023 as a benchmark year and making projections for the forecast period from 2024 to 2029, with estimated compound annual growth rates (CAGRs). The market size has been estimated from the supply side. This report covers many aspects of the processed meat market, including technological advances, economic factors and business considerations. It outlines the market forces impacting the industry and its product types and sources, as well as the leading companies in the global market for processed meat products. It examines the factors driving market growth and examines regional dynamics influencing the processed meat market.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $318.2 Billion
Market size forecast $429.1 Billion
Growth rate CAGR of 5.0% from 2024 to 2029
Units considered $ Billions
Segments covered By Product Type, Animal Type, Distribution Channel and Region
Regions covered North America, Europe, Asia-Pacific, South America, and the Middle East and Africa (MEA)
Countries covered U.S., Mexico, Canada, Brazil, Argentina, Colombia, Peru, Russia, Spain, Germany, France, Poland, China, India, Pakistan, Indonesia, Vietnam, South Africa, Egypt, Iran, and Nigeria
Key Market Drivers
  • Socioeconomic and demographic factors influence processed meat demand
  • Expansion of cold chain logistics
  • Increasing consumption of protein-rich diets
  • Product innovation and diversification
Companies studied
BRF GLOBALCARGILL INC.
CONAGRA BRANDS INC.HORMEL FOODS CORP.
JBS S.A.MARFRIG GLOBAL FOODS S.A.
OSI GROUPSYSCO CORP.
TYSON FOODS INC.WH GROUP LTD.
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Frequently Asked Questions (FAQs)

The estimated market size of the processed meat market will be $429.1 billion by 2029, with a CAGR of 5.0%.
  • Increasing urbanization and busy lifestyles.
  • Growing demand for convenient, ready-to-eat foods.
  • Rising disposable incomes, particularly in emerging markets.
  • Expansion of the fast-food industry.
  • Advancements in food processing and preservation technologies.
  • Consumer shift towards high-protein diets.
The processed meat market is segmented based on animal type, product type, distribution channel and region. Segmentation is based on the animal type; the market is segmented into poultry, cattle and buffalo, sheep and goat, swine, and other animal types. The market is segmented based on product type into cured meat pieces, fresh industrial processed meat products, precooked ready-to-eat products, fermented sausages, dried meat, and other product types. Based on the distribution channel, the processed meat market is segmented into supermarkets/hypermarkets, convenience stores, retail and HoReCa, online platforms, and other distribution channels. Regional estimates and forecasts comprise North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The poultry segment will continue to dominate the market by the end of 2029.
The Asia-Pacific region leads processed meat production and consumption, accounting for more than 45.2% of global consumption and revenue. Owing to increased domestic consumption, China and India mainly lead this growth.

Analyst Credentials

Kunal R. Nagpure– Consultant-Food & Beverage Research
Kunal Nagpure is an accomplished market researcher with over eight years of experience in the F&B, Environment, and Agriculture markets. He is passionate about using his knowledge to help clients make data-driven decisions and achieve their business objectives. With a keen eye for detail and a strong analytical mindset, Kunal has delivered numerous successful research projects that have enabled clients to gain a competitive edge in their respective markets. Academically, Kunal holds a master’s degree in Marketing and Operations and a bachelor’s degree in Biotech Engineering.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Processed Meat: Global Markets93Free

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Processed Meat: Global Markets
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