Overview:
Processed meat are generally enhanced with different additives which includes acidifiers, salts, flavoring agents, and minerals. Rapidly increasing globalization has intensified the processing of different types of meat in order to feed the global population. Busy work schedule along with popularity of ready to eat products has strengthened the demand for processed meat.
The global processed meat market is currently growing at a significant pace and is anticipated to observe stupendous growth over the next seven years till 2023. Escalating awareness among people regarding processed food, increasing personal disposable income of households, different varieties of processed meat is likely to fuel the growth of processed meat market over the forecast period. Apart from this, rising retail market growth and is further anticipated to propel the growth of market till 2023.
At present, North America is the largest market for processed meat in 2015. Followed by it, Europe grabbed the second largest share in the total revenue of Processed Meat market. Escalation in population growth, inclination in income level of middle class consumers in Asian and Latin American countries is anticipated to foster the growth of processed meat market in the region.
The global processed meat market is mainly concentrated in the North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Processed Meat Market is segmented on the following bases:
Key Players Identified across the Value Chain in the Processed Meat Market include but are not limited to:
Cargill Inc., Keystone Foods, Tyson Foods, Pilgrim’s Pride Corporation, ConAgra, Advance Food Company Inc., Smithfield Foods, Advance Pierre Foods, JBS, and others.
This report offers:
