Global ready-to-eat meat products market is expected to grow at a CAGR of 4.8% during the forecast period 2019–2026
Ready to eat (RTE) meat products comprise manufactured, processed, and fermented meat products, which are intended for direct consumption. The RTE meat products are considered a threat as it can cause several pathogenic contaminations, including Listeria monocytogenes, Escherichia coli, coagulase-positive staphylococci, and Salmonella. Since 2004, there have been around 49 incidents of RTE product recalls in Australia due to microbiological contamination, which is likely to slow down market growth.
However, several safety measures are being undertaken to protect RTE meat products from microbiological contamination. For instance, the products are vacuum packed or packaged with Modified Atmospheric Packaging (MAP) to extend their shelf life and inhibit the growth of spoilage organisms. As per the survey by New South Wales Food Authority on 154 RTE meat product samples from greengrocers, supermarkets, retail butcher shops, and farmers markets, about 95.5% of the samples met the requirements of the Food Standards Code. One sample was detected with E. coli just above the limit and 6 samples were detected with very low levels of Listeria monocytogenes.
The Major Players Covered in this Report:
Tyson Foods (U.S.), Cargill Meat Solutions Corp. (U.S), JBS USA, National Beef Packing Co., LLC (U.S.), Biegi Foods GmbH (Germany), LDC (France), Plukon Food Group (the Netherlands), and PHW Group (Germany).
Global ready-to-eat meat products market is expected to grow at a CAGR of 4.8% during the forecast period 2019–2026.
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By Type, Beef Burgers , Pulled/Shredded Beef , Breaded Cutlets , Breaded Chicken Nuggets , Breaded Chicken Tenders , Turkey/Chicken and Salmon Burgers , Pulled Pork , Breakfast Sausage Links , Breakfast Sausage Patties , Hot Dogs
Meat is one of the major food products consumed in western countries and in the rest half of the world. Globally, half of the population relies on meat for regular protein requirement, which is why, ready-to-eat meat products are becoming more popular among the consumers in developed and developing countries. As per the estimation of Statistics Canada, Canada spends about USD 12.7 billion every year on fresh, processed, and frozen meat products. Furthermore, increasing use of red meat in industrial application and growing household spending are fueling the market growth.
Regional Analysis For Ready-to-Eat Meat Products Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Ready-to-Eat Meat Products are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026
The study objectives of this report are:
To study and forecast the market size of the Ready-to-Eat Meat Products in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players
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