Meat Products Market Value is Expected to Reach $1117.8 Billion by 2023 : Covid 19 Impact And Recovery

The Business Research Company offers "Meat Products Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global meat products market is expected to grow from $859.8 billion in 2019 to $888.7 billion in 2020 at a compound annual growth rate (CAGR) of 3.4%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $1117.8 billion in 2023.

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The meat products manufacturing market consists of sales of meat products by entities (organizations, sole traders and partnerships) that produce and process pork, chicken, beef, sheep and goats, birds, and other animals. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.

Meat processors are using advanced x-ray technologies such as Dual Energy X-ray Absorptiometry (DEXA) to measure chemical lean or fat content in meat. DEXA uses two specific x-ray energies (high and low) to measure the amount of x-rays absorbed by meat as it passes through the system, and thus determines the fat content in meat within seconds. DEXA is a highly efficient method of lipid determination for raw, natural meat products and frozen meat. It can also help meat processors to inspect and detect contaminants such as bones, metal, plastic, glass and stones present in meat. Analyzing the fat content of meat enables meat processors to achieve accurate blending targets, reduce inconsistencies in recipe operations and ensure product safety. For example, Teys Australia, a beef processor, has adopted DEXA technology in its beef processing plant in Queensland.

Meat Products Market Segmentation: -
By Type
Pork
Mutton
Beef
Others - Meat Products

By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
E-Commerce
Others

By Product Type
Chilled
Frozen
Canned/Preserved

By Nature
Organic
Conventional

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Meat Products Market Characteristics
4. Meat Products Market Product Analysis
5. Meat Products Market Supply Chain
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20. Key Mergers And Acquisitions In The Meat Products Market
21. Market Background: Meat, Poultry And Seafood Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the Meat Products Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Meat Products Market are Affco Holdings Limited, Andelsselskabet Tican A.M.B.A, Arcadie Sud Ouest, Arrow Group Limited, Doux S.A.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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