Widespread advancements associated with various techniques to
increase the shelf life of food items especially meat products without
compromising the product quality has led to the development of freezing
techniques. According to the study report published by Market Research Future
(MRFR), the global frozen meat market is anticipated to expand steadily at a
CAGR of 4.36% during the forecast period of 2017-2023.
Market Drivers and Restraints:
The preference of ready-to-eat foods and meat product is
increasing rapidly with the changing lifestyle and food habits across the
globe. Rise in demand for meat products with increased shelf life without the
addition of any preservatives is one of the major factors that are propelling
the growth of the global frozen meat market.
Augmentation in online food delivery services coupled with
fast-paced living standard is positively impacting on the expansion of the
global frozen meat market during the forecast period. Worldwide proliferation
in food joints and restaurants that majorly rely on frozen meat products is
primarily fueling the growth of the global frozen meat market.
Market Segmentation:
The global frozen meat market has been segmented on the basis
of product type, distribution channel and end-users. Based on product type, the
frozen meat market is segmented into frozen processed meat and frozen whole
cut. The frozen processed meat segment is anticipated to account for the major
share of the global frozen meat market by the end of the forecast period.
Based on distribution channel, the frozen meat market is
segmented into store-based and non-store based. The store-based segment is
registered to expand at a significant rate in the global market during the
forecast period. Based on end-users, the frozen meat market is segmented into
retail customers and service.
Competitive Analysis:
Various players in the global frozen meat market are
concentrating on product quality to ensure the freshness and nutrition level of
frozen meat. Increasing involvement of industry players in the global market is
strengthening the competition in the global frozen meat market.
The major players profiled by MRFR in the report on the global
frozen meat market are Marfrig Group. (Brazil), Kerry Group Plc. (Ireland), BRF
S.A. (Brazil), Associated British Foods Plc. (the U.K.), Pilgrim’s Pride
Corporation (the U.S.), Tyson Foods, Inc. (the U.S.) and Cargill Incorporated
(the U.S.).
Complete Report Details @ https://www.marketresearchfuture.com/reports/frozen-meat-market-2693
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