Market Overview:
The global processed meat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the processed meat market can be attributed to factors such as rising disposable income, changing food habits, and increasing demand for convenience foods. In terms of type, the lamb segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to rising demand for lamb meat due to its nutritional benefits over other types of meat. In terms of application, households segment is expected to dominate the global processed meat market during the forecast period owing to growing trend of home cooking across different regions.
Product Definition:
Processed meat is meat that has been treated in some way to preserve it or improve its flavour. It includes bacon, ham, salami and sausages.
Lamb:
Lamb is a meat product from the sheep or the goat. It has high protein content and low fat which makes it healthy for human consumption. The processed meat industry is growing at a significant rate owing to factors such as changing consumer lifestyle, increasing population, urbanization and rising disposable income among others.
Poultry:
Poultry is a part of the meat family and includes both waterfowl and land fowl. The main types of poultry are chicken, turkey, ducks, geese and others. Poultry meat has been a traditional food for thousands of years; it is very lean compared to red meats such as beef or pork. Poultry products contain high amounts protein with less than 3% fat on a dry matter basis.
Application Insights:
Households accounted for more than 50.0% share of the global processed meat market in 2017. The growing middle-class population across the globe is expected to remain a key driving factor for this application segment over the forecast period. Increasing disposable income, coupled with rising awareness regarding health and hygiene, is anticipated to further propel demand from households over the forecast period.
Food processors are increasingly using processed meats as an ingredient in their products due to its high nutritional content and palatability when compared to other ingredients used by food manufacturers for flavoring or seasoning purposes. Furthermore, increasing consumer preference towards convenience foods owing to hectic lifestyle conditions has resulted in increased consumption of these products by consumers globally which will positively impact market growth over the coming years.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of processed meats. The region is expected to maintain its dominance over the forecast period due to increasing demand for convenience foods and changing lifestyles. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising disposable income levels, improving standards of living, and expanding middle-class population groups. Moreover, increasing awareness regarding health benefits associated with processed meat products will drive growth further. Rising popularity of ready-to-eat meals in developing countries such as India and China will boost industry expansion over the coming years as well.
The European Commission has taken several initiatives for reducing greenhouse gas emissions by promoting clean meat technology development through public funding programs such as Horizon 2020 Research & Innovation program among others since 2010 which has led major players including Nestl© S.A., Tyson Foods Inc., JBS USA Holdings Inc., etc.
Growth Factors:
- Increasing demand for processed meat due to changing food habits and preferences of the consumers.
- Rising disposable income of the consumers is fueling the demand for processed meat products.
- Rapid urbanization and growing population are some of the other factors that are contributing to the growth of processed meat market.
- Growing awareness about the health benefits associated with consumption of processed meats is also propelling its growth globally.
- Technological advancements in processing technologies that offer better quality, hygiene and safety standards are resulting in increased demand for processed meats
Scope Of The Report
Report Attributes
Report Details
Report Title
Processed Meat Market Research Report
By Type
Lamb, Poultry, Beef, Fish, Others
By Application
Households, Food, Commercial, Others
By Companies
National Food Co. (Americana Meat), Al Islami Foods, Sunbulah Group, BRF, Tyson Foods, Cargill, Gulf Food Industries, Almunajem, National Food Co. (Americana Meat)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Processed Meat Market Report Segments:
The global Processed Meat market is segmented on the basis of:
Types
Lamb, Poultry, Beef, Fish, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Households, Food, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- National Food Co. (Americana Meat)
- Al Islami Foods
- Sunbulah Group
- BRF
- Tyson Foods
- Cargill
- Gulf Food Industries
- Almunajem
- National Food Co. (Americana Meat)
Highlights of The Processed Meat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lamb
- Poultry
- Beef
- Fish
- Others
- By Application:
- Households
- Food
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Processed Meat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Processed meat is any meat that has been treated in a way that alters its natural flavor or texture. This can include things like smoking, salting, curing, or adding chemicals.
Some of the key players operating in the processed meat market are National Food Co. (Americana Meat), Al Islami Foods, Sunbulah Group, BRF, Tyson Foods, Cargill, Gulf Food Industries, Almunajem, National Food Co. (Americana Meat).
The processed meat market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Processed Meat Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Processed Meat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Processed Meat Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Processed Meat Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Processed Meat Market Size & Forecast, 2018-2028
4.5.1 Processed Meat Market Size and Y-o-Y Growth
4.5.2 Processed Meat Market Absolute $ Opportunity
Chapter 5 Global Processed Meat Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Processed Meat Market Size Forecast by Type
5.2.1 Lamb
5.2.2 Poultry
5.2.3 Beef
5.2.4 Fish
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Processed Meat Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Processed Meat Market Size Forecast by Applications
6.2.1 Households
6.2.2 Food
6.2.3 Commercial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Processed Meat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Processed Meat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Processed Meat Analysis and Forecast
9.1 Introduction
9.2 North America Processed Meat Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Processed Meat Market Size Forecast by Type
9.6.1 Lamb
9.6.2 Poultry
9.6.3 Beef
9.6.4 Fish
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Processed Meat Market Size Forecast by Applications
9.10.1 Households
9.10.2 Food
9.10.3 Commercial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Processed Meat Analysis and Forecast
10.1 Introduction
10.2 Europe Processed Meat Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Processed Meat Market Size Forecast by Type
10.6.1 Lamb
10.6.2 Poultry
10.6.3 Beef
10.6.4 Fish
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Processed Meat Market Size Forecast by Applications
10.10.1 Households
10.10.2 Food
10.10.3 Commercial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Processed Meat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Processed Meat Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Processed Meat Market Size Forecast by Type
11.6.1 Lamb
11.6.2 Poultry
11.6.3 Beef
11.6.4 Fish
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Processed Meat Market Size Forecast by Applications
11.10.1 Households
11.10.2 Food
11.10.3 Commercial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Processed Meat Analysis and Forecast
12.1 Introduction
12.2 Latin America Processed Meat Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Processed Meat Market Size Forecast by Type
12.6.1 Lamb
12.6.2 Poultry
12.6.3 Beef
12.6.4 Fish
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Processed Meat Market Size Forecast by Applications
12.10.1 Households
12.10.2 Food
12.10.3 Commercial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Processed Meat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Processed Meat Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Processed Meat Market Size Forecast by Type
13.6.1 Lamb
13.6.2 Poultry
13.6.3 Beef
13.6.4 Fish
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Processed Meat Market Size Forecast by Applications
13.10.1 Households
13.10.2 Food
13.10.3 Commercial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Processed Meat Market: Competitive Dashboard
14.2 Global Processed Meat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 National Food Co. (Americana Meat)
14.3.2 Al Islami Foods
14.3.3 Sunbulah Group
14.3.4 BRF
14.3.5 Tyson Foods
14.3.6 Cargill
14.3.7 Gulf Food Industries
14.3.8 Almunajem
14.3.9 National Food Co. (Americana Meat)
