Press release
Global Veal Market Product, Opportunity Analysis and Industry Forecast Up to 2027
Veal is referred to the meat product obtained from the calves and is similar to beef that is obtained from old cattle. It is obtained from young domestic dairy calves that do not produce any milk and are not used for beef. It has been produced and consumed from ancient times in the Italian, Mediterranean, and French cuisines. The bull calves are mainly used for its production and the quality of veal depends on the feeding method and health of the animal. The feeding methods determine the type, color, texture, and taste of the veal produced such as milk-fed veal, grain-fed veal, and free raise veal. The price of the veal is comparatively higher than beef and is available in variants such as bob-veal, formula-fed veal, non-formula fed veal, rose veal, young beef, pasture-raised veal, and others.Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/7870
Companies covered
JSB USA Holdings Inc., Claus German Sausage & Meat, Strauss Brands Inc., Cargill Meat Solutions Corp., Wilson International Frozen Foods Ltd., Tyson Foods Inc., SYSCO Corp., Smithfield Foods Inc., American Foods Group LLC, Hormel Foods Corp.
COVID-19 Scenario Analysis:
The lockdown caused due to the coronavirus pandemic has highly affected the veal market, as the slaughterhouses have faced a shortage of manpower and the availability of fresh veal has lowered down affecting the sales and revenue of the veal market.
The disruption of the supply chain has created a problem in the procurement of raw material for various processed veal products due to the restriction in transportation.
The fall in the prices of veal in the market has led to the loss of veal manufacturing industries.
The change in consumer buying patterns and requirements for the healthy products due to the spread of the virus, considered to be originated from meat products, anticipates causing a slowdown in the veal market.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
According to the United States Department of Agriculture Food Safety and Inspection Service, veal calves are generally raised until 16 to 18 weeks of age and weigh around 450 pounds, and different varieties have different considerations of age and weight. They are raised in modern environmentally controlled barns and are provided with the required milk replacer diet for a better quality of meat. The increased demand for meat and meat products, regulated health and feeding system of the calves, increased nutritional value, prevention of chemicals and antibiotics in the feed of the animal, increased production of processed products of veal, investment in R&D, an inspection of animals by regulatory organizations, and increased palatability of the veal are the key drivers which lead the growth of global veal market. However, availability of substitute meat products, a higher price than beef, increased animal rights and animal safety organizations, traditional beliefs, government regulations, increasing foodborne diseases, health problems caused due to the products, food additives in the natural product, and availability of meat-substitutes hinder the market growth.
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Key Benefits of the Report:
This study presents the analytical depiction of the global veal industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global veal market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global veal market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides detailed global veal market analysis based on competitive intensity and how the competition will take shape in the coming years.
Access Full Report Summary @ https://www.alliedmarketresearch.com/veal-market-A07505
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