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Dehydrated Meat Products Market Research Report by Key Players Strategy | Cargill, Inc., Henningsen Foods, Inc., Kerry Group plc. and Marfrig Group | Upcoming Trend by Forecast to 2023
Market Overview:According to the analysis offered by Market Research Future (MRFR), the global dehydrated meat products market is anticipated to exhibit steady growth across the forecast period 2017 to 2023. The nutritional profile of meat has led to a rapid inclination towards the adoption of animal-based food products. Dehydration contains the microbial activities and enhances the shelf lives of these products. This, in turn, has led to the growth of the dehydrated meat products market and is projected to catapult it on an upward trajectory for the next couple of years.
The changing lifestyle of the population has developed the market for processed food products. The increasing demand for processed food is anticipated to reflect on the growth of the dehydrated meat products market in the foreseeable future.
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The developments in the food technology have paved the way for the proliferation of dehydrated meat products market. It has been projected to exhibit positive growth over the next couple of years. Furthermore, the prevalence of widespread market penetration owing to the diverse network of distribution channels are likely to affect the market optimistically in the forthcoming years. On the contrary, the growth of the market for vegan products is anticipated to hinder the expansion of dehydrated meat products market over the review period.
Competitive Dashboard:
Some of the key players profiled in the report are Cargill, Inc. (U.S.), Kerry Group Plc. (Ireland), Marfrig Group (Brazil), BRF S.A. (Brazil), Henningsen Foods, Inc. (U.S.), Associated British Foods Plc (U.K), Tyson Foods, Inc. (U.S.), Pinnacle Foods Group LLC (U.S.), Hormel Foods (U.S.), and Pilgrim’s Pride Corporation (U.S.).
Industry News:
In November 2018, Essentia Protein Solutions Ltd, dealer in a wide range of meat-based proteins, has announced the addition of new organic beef version to its line of bone broth powder products.
In September 2018, a startup headquartered in Texas, Stryve Biltong, which has its products shelved in Walmart, has landed R140 million funding round.
In August 2018, the U.S.-based Cowboy Star has announced the launch of launched a new line of gourmet beef jerky.
Market Segmentation:
By type, the global dehydrated meat products market has been segmented into dried pieces and fermented sausages. Among these, the fermented sausages segment has gained more popularity and is likely to expand significantly over the next couple of years.
By technology, the dehydrated meat products market has been segmented into sun-dried, hot air dried, vacuum dried, spray dried, freeze dried, and others. The sun-dried segment is expected to hold the majority of the stake in the market trailed by the hot air dried segment.
By distribution channel, the global dehydrated meat products market has been segmented into store-based and non-store based. Among these, the store-based segment has witnessed relatively higher market penetration and is poised to dominate the market in the forthcoming years.
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Regional Analysis:
By region, the global dehydrated meat products market has been segmented into North America, Europe, Asia Pacific and the Rest of the World. Europe has been projected to control the largest share of the global market over the assessment period. The rising concern about health has led to the inclination towards meat products in the region. It is likely to fuel dehydrated meat products demand in the regional market.
North America is anticipated to be placed at the second position in the global marketplace. The dehydrated meat products market in the region is poised to benefit from the growth strategies leveraged by the key players. It is presumed to witness accelerated revenue creation among the market participants in the upcoming years.
Asia Pacific is a high consumer of meat products. The developments in food technologies have expedited the expansion of the dehydrated meat products market in the region. Among the important country-level markets of the region, China and Japan are prognosticated to contribute significantly towards the growth of the dehydrated meat products market. Furthermore, the Rest of the World is likely to offer lucrative opportunities through the forecast period.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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