Processed Meat Market Covering Gross Margin, Market Share and Revenue from 2022-2032

 In 2022, the market for processed meat is projected to be worth US$328.8 billion. New home delivery models have fueled market expansion and are anticipated to change the game during the projected period. The overall demand for processed meat is projected to grow at a CAGR of 6.3% between 2022 and 2032, totaling around 605.14 Billion by 2032.

The variable meat preservation techniques have resulted in the voluminous growth in the demand for fresh processed meat. In order to suit the fast-paced city life, urban consumers prefer eating fresh processed meat products. The time required to cook raw meat and then serve will continue to opportunely aid the growth in demand for fresh processed meat products.

Furthermore, hot dogs and other processed meat products are expanding prominence in the global food sector, creating ample growth opportunities for fresh processed meat products. Fresh processed meat products are widely accepted as the ideal fast food products, and are popular among the working class of the society. The global fresh processed meat products market is expected to witness an upsurge, owing to the dominance of existing fast food practices.

Global Fresh Processed Meat Products Market: Drivers & Restraints

The growing income of urbanised population has fuelled the demand in the global market for fresh processed meat products. Additionally, the busy urban life has resulted in consumers opting for convenient food that do not expend more time for cooking or preparation.

The rising preference of consuming ready-to-eat meat is also considered as the key factor driving the growth of the global fresh processed meat products market. However, there are several factors restraining the growth of the fresh processed meat products market. The key restraints of the global market for fresh processed meat products include,

  • Increasing obesity levels & unhealthy lifestyle

Consumption of processed food products triggers the upsurge of cholesterol and fat levels in the body, forcing the consumer to live an unhealthy lifestyle. Rising obesity levels are generating more awareness about the drawbacks of processed food consumption, thereby hampering the demand for fresh processed meat products.

  • Growing number of meat-eaters

The mounting rise in the number of meat eating consumers has alarmed the manufacturers of fresh processed meat products. In order to meet the brimming demand, the process for retaining the freshness of the meat is hampered, which consequentially affects the impending demand.

  • Demand for high-protein & fat-free meat

Fresh processed meat products are derived from preservation through curing, smoking, canning, drying or salting the raw meat. As a result, the processed meat holds high percent of fat and moderate levels of protein. Hence, the demand for fresh processed meat products is not prominent among a large segment of consumers who opt for high-protein and fatless meat products.

  • Rising inclination towards Cancer & Heart Disease risks

The health consciousness among consumers is restraining the growth of the fresh processed meat products, owing to the high awareness of its disadvantages on the health. The high incidence rate of Cancer and cardiovascular disorders among consumers of fresh processed meat products is lowering the demand, and keeping the manufacturers reluctant about business expansion.

Use promo code ->> FMITODAY to get flat 20% discount@ https://www.futuremarketinsights.com/checkout/1168

Key Players

The key companies participating in the global market for fresh processed meat products include JBS, NH Foods Ltd, Smithfield Foods, Inc., Cargill Incorporated, ConAgra Foods Inc., National Beef Packing Company, LLC, Tyson Foods Inc., Cherkizovo Group PJSC and OSI Group, among others. Ever since WHO classified processed meat as Group 1, carcinogenic to humans, the global leaders in fresh processed meat manufacturing have faced ultimatum with context to their production capacity. Nevertheless, the companies are expected to boost the demand by developing advanced processing that renders the product meat harmless and prevents post-consumption stomach ailments.

Key Segments Covered in the Processed Meat Industry Analysis

Processed Meat Market by Type:

  • Hamburgers
  • Fried Sausages
  • Kebab
  • Chicken Nuggets

Processed Meat Market by Packaging:

  • Chilled
  • Frozen
  • Canned

Processed Meat Market by Meat Type:

  • Beef
  • Pork
  • Chicken
  • Mutton
  • Others

Frequently Asked Questions

  • What is the expected market value for processed meat in 2022?
  • At what rate will the processed meat market flourish from 2022-2032?
  • What is the expected market value for processed meat in 2032?

Information Source: https://www.futuremarketinsights.com/reports/fresh-processed-meat-products-market

Comments

Post a Comment

Popular posts from this blog

Chewable Energy Tablet Market Potential Growth, Share, Demand and Analysis of Key Players — Forecasts to 2034

 The global  chewable energy tablet market  value is estimated to total  US$ 478.9 million  in 2024. It will likely exhibit a CAGR of  8.9%  throughout the forecast period, totaling a valuation of  US$ 1,120.6 million  by 2034. Consumers mostly prefer orange-flavored chewable energy tablets owing to their perceived health benefits and other advantages. As per the latest analysis, the orange flavor segment will likely progress at a CAGR of  5.6%  through 2034. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-19020 Several factors are predicted to fuel the growth of the chewable energy tablet industry during the assessment period. These include: Increasing demand for convenient and portable energy sources Growing health consciousness Rising preference of fitness enthusiasts towards chewable energy products Escalating  demand for functional foods Ava...
Read more

Canned Soup Market Growth Opportunities, Industry Analysis, Size, Share, Geographic Segmentation & Competitive Landscape Report To 2032

 The  canned soup market  is witnessing significant growth in recent years due to the convenience it offers to consumers. Canned soups are a quick and easy meal option, saving time and effort in the kitchen. With an increasing number of working individuals and busy lifestyles, the demand for ready-to-eat meals is soaring. Additionally, the pandemic has further driven the market, as people seek shelf-stable, long-lasting food options during lockdowns. The global canned soup market is anticipated to rise at a CAGR of 6.6% over the projected period, reaching a market value of US$ 2.8 Bn by 2022. Furthermore, consumers prefer canned soup products to alternative protein sources because of benefits such as balanced macro and micronutrients, as well as high protein content. As the consumption of processed foods is increasing across the globe, the demand in the market is expected to surge. Dive into the dynamic world of the Canned Soup Market with our exclusive Sa...
Read more

Moringa Tea Market Size 2024 Global Industry Share, Top Players, Opportunities And Forecast To 2034

 The global  moringa tea market  size to record a valuation of US$ 8,001.40 million in 2024. Looking ahead to 2034, the current forecast projects a CAGR of 10.40% throughout. Current projections of the moringa tea industry imply a valuation of US$ 21,456.10 million by 2034. Impelling Causes Bolstering Moringa Tea Demand Owing to its health benefits, moringa tea is a proliferating trend among other tea beverages on the market, such as the well-known matcha tea. The market niche of moringa tea is evolving due to its appeal to tea lovers and health-conscious consumers. Moringa tea stands out from other tea products due to its high nutritious content and lack of caffeine. Among the products made from moringa are oil, tea, seeds, and other health-related items. The global moringa tea market is augmenting due to the ease with which raw materials can be obtained and the extensive network of exporters of moringa tea. Request a Sample Report!  https://www.futuremarket...
Read more