Global Frozen Poultry & Meat Market By Product Type (Frozen Meat, Frozen Poultry), End- User (Retail Customers, Food Service, Business Customers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Frozen Poultry & Meat Market
Global Frozen Poultry & Meat Market is set to witness a stable CAGR in the forecast period of 2019- 2026. Increasing demand for frozen food is the major factor for the growth of this market.
Market Definition: Global Frozen Poultry & Meat Market
Frozen food is a concept where food is kept frozen so that it can stop the food from getting destroyed. These days, restaurants keep the large amount of frozen meat so that they don’t have to face the meat shortage. This helps the meat and poultry products to maintain the quality and texture of the food. Increasing demand for frozen food among population is the major factor fuelling the market.
- Increasing demand for frozen food among consumer is driving the growth of this market
- Increasing preference for ready to eat food is driving the market
- High cost of the freezing equipment is restraining the growth of this market
- Presence of the different kind of preservatives in frozen food are restraining the market growth
Segmentation: Global Frozen Poultry & Meat Market
By Product Type
- o Frozen Meat
- o Frozen Poultry
By End- User
- o Retail Customers
- o Food Service
- o Business Customers
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Key Developments in the Market:
- In October 2018, Suguna Poultry Farm Ltd announced that they launched a cold storage facility at Tiruchi. It has the capacity to store 25 tonnes of meat. This will provide ready to eat chicken and chicken portions.
- In November 2018, Russia and China signed a trade agreement according to which Russia will start exporting frozen poultry and dairy products to China. This will help both the countries to create a mutually benefit relationship. To meet the veterinary and sanitary requirement of Russia and China, products like chicken kidney, heart, heads, skin etc. that can be frozen exported.
Competitive Analysis: Global Frozen Poultry & Meat Market
Global frozen poultry & meat market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of frozen poultry & meat market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Frozen Poultry & Meat Market
Few of the major competitors currently working in frozen poultry & meat market are Conagra Brands, Inc., Tyson Foods, Inc., Hormel Foods Corporation., CREMONINI SPA, Sanderson Farms, Incorporated., The J.M. Smucker Company, Cargill, Incorporated., Baiada, VERDE FARMS, Arcadian Organic & Natural Meat Co., Pilgrim's, Associated British Foods plc, BRF SA, Kerry Group, Marfrig.
Research Methodology: Global Frozen Poultry & Meat Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market Drivers and Restraints analysis along with the analysis of the market structure