Frozen Meat Products Market is Expected to Account around US$ XX Mn by 2025, Due to Increase in Meat Products Demand from Restaurants and Food Chain Services

Frozen Meat Products Market is Expected to Account around US$ XX Mn by 2025, Due to Increase in Meat Products Demand from Restaurants and Food Chain Services

“The Frozen Meat Products Market is anticipated to reach about US$ XX Mn by 2025, and anticipated to expand at a CAGR over seven years of forecast period 2019-2025” owing to increasing demands from various chains of food services and restaurants.

Precision Business Insights (PBI) in its report titled “Frozen Meat Products Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

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The frozen meat products market size was accounted for US$ XX Mn in 2018 and anticipated to account for US$ XX Mn by 2025. Increased requirements of meat products will create a demand for frozen meat product market. 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.

Frozen meat food product market segmented on the basis of form, type of meat, distribution channels and geographical regions.

Frozen Beef and Frozen Chicken Segment Expected to Dominate the Market

Based on type of frozen meat, frozen meat product market is segmented into beef, chicken, pork, lamb and others. Among the key products sold in the global frozen meat market, frozen beef products and frozen chicken products will register highest revenue growth. Collectively, these products will account for more than half of the revenues procured in the global frozen meat market throughout the forecast period.

Food Chain Services Expected to Dominate the Revenue Share.

Based on distribution channel, frozen food product is segmented into food chain services, online stores, departmental stores, others. Food delivery services becoming more efficiency and cheaper, the frozen meat market is expected to witness an augmented growth in the near future. Sometimes, restaurants and foodservice chains might face a shortage of fresh meat, and this could hamper their sales greatly. However, this situation can be reversed by storing frozen meat and utilizing as per requirement. Thus, as utilizing frozen meat proves extremely beneficial for restaurants and other food joints, the global frozen meat market is expected to witness a handsome growth.

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North America, Accounts for Major Revenue Share for Frozen Meat Products Market

Precision Business Insights (PBI), frozen meat products market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North America accounted for major revenue share due to easy availability of meat products. North America is dominating the market of frozen meat products followed by Europe owing to the easy availability of meat products, organised regulatory framework, high consumption of meat by the people, rapid advancements in the technologies, high adoption towards the ready to cook and convenience foods. Especially U.S and UK are the major regions in North America and Europe as the meat consumption is more in U.S and Pork and beef are the staple foods in UK. Asia Pacific regions holds a significant position in the frozen meat products market due to the demand for meat in the emerging countries, growing population pool and increase in consumption of meat but due to the ban on beef consumption in India by the government may hinder frozen meat products market growth in India.

Acquisitions and New Product Development Play Vital Role in Frozen Meat Product Market

Aryzta is one of the largest suppliers of frozen bakery in North America and Europe. Nestle is a leading player in frozen pizza segment in North America and Europe. For instance, Mac. Cain foods launched local food variants in India, developed specifically as per the traditional food habits of customers.

Key players in the market include Kerry Group Plc. (Ireland), Marfrig Group. (Brazil), BRF S.A. (Brazil)
Pilgrim’s Pride Corporation (U.S.), Associated British Foods Plc. (U.K.), Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.)

Detailed Segmentation

By Type

o Chicken
o Beef
o Pork
o Lamb
o Others

By Distribution Channel Type

o Food Chain Services
o Online Stores
o Departmental Stores
o Others

By Form Type

o Frozen Processed Meat
o Frozen Whole Cut

Geography

o North America
 U.S.
 Canada
o Europe
 Germany
 UK
 France
 Russia
 Spain
 Italy
 Rest of Europe
o Asia-Pacific
 China
 Japan
 India
 ASEAN
 Rest of Asia Pacific
o Latin America
 Brazil
 Mexico
 Argentina
 Chile
 Rest of Latin America
o Middle East and Africa
 South Africa
 Saudi Arabia
 Rest of MEA

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Precision Business Insights,

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Precision Business Insights,

Kemp House,
152 – 160 City Road,
London EC1V 2NX

This release was published on openPR.