Global Blended Meat Market, By Product Type (Poultry Meat, Beef, Sheep Meat, Pork), Form (Shelf Stable, Frozen), Application (Food Processor & Manufacturers, Fast Food Restaurant Chains, Household & Residential Buyers), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Blended Meat Market
Blended meat market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 0.73 billion and grow at a CAGR of 11.8% in the above-mentioned forecast period. Growing importance of ‘Health’ in high meat consuming countries drives the blended meat market.
Blended meat is defined as a mixture of meat with ingredients of plant origin. Blended meats are basically made for people who enjoy consuming meat but want to deduct their total meat intake, whether for environmental reasons, health reasons or others. Also, reducing meat by blending helps in decreasing the carbon and water footprint of a facility without taking comfort foods away.
Increase in plant based craze among millennial is a vital factor escalating the market growth, also increasing trend of eco-friendly and energy efficient food products, rising shift in consumer demand towards healthy food products, rising advances in freezing technologies to prolong the longevity of meat products without compromising on quality and increasing change in the lifestyle are the major factors among others driving the blended meat market briskly. Moreover, rising research and development activities and increasing modernization in the new products offered in the market will further create new opportunities for the blended meat market in the forecast period of 2021- 2028.
However, rising incidences of diseases related to meat acts as the major factor among others acting as restraints, and will further challenge the blended meat market in the forecast period.
Blended meat market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on blended meat market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Blended Meat Market Scope and Market Size
Blended meat market is segmented on the basis of product type, form and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of product type, blended meat market is segmented into poultry meat, beef, sheep meat and pork.
- Based on form, blended meat market is segmented into shelf stable and frozen
- The blended meat market is also segmented on the basis of application into food processor & manufacturers, fast food restaurant chains and household & residential buyers.
Blended Meat Market Country Level Analysis
Blended meat market is analysed and market size insights and trends are provided by country, product type, form and application as referenced above.
The countries covered in blended meat market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the blended meat market due to rising incomes and healthy eating trends, increasing trend of eco-friendly and energy efficient food products and rising shift in consumer demand towards healthy food products in this region. The U.S. is the expected region in terms of growth in blended meat market due to increase in plant based craze among millennial, increasing trend of eco-friendly and energy efficient food products and rising shift in consumer demand towards healthy food products in this region.
The country section of the blended meat market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Blended Meat Market Share Analysis
Blended meat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blended meat market.
The major players covered in the blended meat market report are Tyson Foods, Inc, Perdue Farms and its affiliates or subsidiaries, Smithfield Foods, Inc, Hormel Foods Corporation, Sweet Earth, Inc., Pure Farmland, Beyond Meat, Kerry, Associated British Foods plc, Tyson Foods, Inc., Cargill, Incorporated, Bakkavor Group plc, MTR Foods Pvt Ltd. and Amy’s Kitchen, Inc among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.