Processed Meat Market 2023 Size, Competitive Landscape, Regional Outlook And Driving Factors Analysis 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the processed meat market report by The Business Research Company, The increasing consumption of various processed food products is expected to propel the growth of the processed meat market going forward. Food that has been frozen, canned, cooked, packaged, or modified in nutritional composition through fortification, preservation, or preparation in various ways is considered processed food. Processed meat provides several advantages, including a better taste, a lower risk of meat-borne infections, a longer shelf life, and a high degree of portability.

The global processed meat market size grew from $699.7 billion in 2022 to $790.62 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The processed meat market size is expected to grow to $1,138.51 billion in 2027 at a CAGR of 9.5%.

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Major competitors in the processed meat market include Cargill, Tyson Foods, National Foods, Hormel Foods Corporation, Smithfield Foods Inc., Pilgrim's Pride Corporation, Conagra Foodservice Inc., BRF SA, Foster Farms, JBS S.A., Koch Foods, Marfrig, National Beef Packing Company LLC, Sanderson Farms, Marel hf, Perdue Farms, Sadia S.A., and Danish Crown.

The processed meat market is segmented -
• By Product: Chilled, Frozen, Canned Or Preserved
• By Processing: Fresh Processed Meat, Raw Cooked Meat, Precooked Meat, Raw Fermented Sausages, Cured Meat, Dried Meat, Other Processings
• By Meat Type: Poultry, Beef, Mutton, Pork, Other Meat Types
• By Nature: Organic, Conventional
• By Distribution Channel: Supermarket Or Hypermarket, Grocery Stores, Specialty Retailers, Online Stores, Other Distribution Channels. North America was the largest region in the processed meat market.

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Processed meat is defined as any meat that has been altered to increase its flavor or prolong its shelf life. Processed meats are cured with sodium nitrite to avoid the growth of Clostridium perfringens and stored in chilling and cold storage during the preservation process. High barrier materials such as polyvinylidene dichloride or ethylene-vinyl alcohol are used for the vacuum packing of processed meat.

The Table Of Content For The Processed meat Market Include:
1. Executive Summary
2. Processed Meat Market Characteristics
3. Processed Meat Market Trends And Strategies
4. Processed Meat Market - Macro Economic Scenario
5. Processed Meat Market Size And Growth
……
27. Processed Meat Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Processed Meat Market
29. Processed Meat Market Future Outlook and Potential Analysis
30. Appendix

The "Global Processed Meat Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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