Mechanically Separated Poultry Market Predicted to Expand to USD 237.6 Mn by 2033 | Persistence Market Research Report

Executive Summary

The global mechanically separated poultry (MSP) market is projected to increase from a value of US$ 151.6 million in 2023 to US$ 237.6 million in 2033, expanding at a compound annual growth rate (CAGR) of 4.6% throughout the forecast period. Mechanically separated poultry, a byproduct of processing poultry meat, is widely used in a variety of food products such as sausages, hot dogs, and other processed meats. This market is experiencing significant growth driven by rising demand for processed foods, advancements in food processing technology, and changing consumer preferences.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐏𝐃𝐅- https://www.persistencemarketresearch.com/samples/33303
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The growing popularity of convenience foods and an increase in protein consumption globally are expected to further propel market growth.

Market Dynamics

Key Growth Determinants

Increasing Demand for Processed and Convenience Foods: The rising demand for ready-to-eat and easy-to-prepare foods is one of the primary drivers for the mechanically separated poultry market. As busy lifestyles demand quick meal solutions, products containing MSP have gained prominence due to their affordability and versatility in various food products.

Growth in Global Meat Consumption: With rising protein consumption, especially in emerging markets, the demand for poultry meat is on the rise. This has led to an increased supply of poultry for processing, where MSP is a key byproduct, contributing significantly to the overall poultry industry.

Technological Advancements in Processing: The development of advanced processing techniques and equipment has made MSP more efficient, cost-effective, and safer to use in food products. These advancements have improved yield and reduced waste, which is driving MSP usage in various applications.

Major Growth Barriers

Health Concerns Over Processed Meat: Health-conscious consumers are increasingly avoiding processed meats due to their perceived links to health issues such as cardiovascular diseases and obesity. This shift in dietary habits could limit the consumption of products containing MSP.

Stringent Regulatory Requirements: The production and use of mechanically separated poultry are subject to various regulations, especially concerning food safety and hygiene standards. Stringent regulations in different countries could slow down market growth, particularly in regions with highly regulated food industries.

Key Trends and Opportunities

Sustainability and Waste Reduction: Increasing awareness about food waste has led to greater adoption of MSP as it helps utilize almost all parts of the poultry, including bones and skin, which would otherwise go to waste. This trend is expected to boost MSP production as sustainability becomes a more prominent issue in the food industry.

Product Innovations: Manufacturers are focusing on creating new products using MSP that cater to different consumer needs, such as low-fat or high-protein varieties. This innovation is expected to create new opportunities in the market and attract health-conscious consumers.

Expansion of Distribution Channels: The growth of e-commerce and modern retail formats presents new opportunities for MSP-based products. Companies are increasingly focusing on expanding their presence in online and offline markets to reach a wider customer base.

Regional Analysis

North America: North America is expected to hold a significant share of the global MSP market due to the high demand for processed meat products, particularly in the United States. The region's well-established food processing industry and the increasing consumption of convenience foods are key factors supporting the market's growth.

Europe: Europe is anticipated to show steady growth in the MSP market, driven by rising consumer demand for processed meat products and the strong presence of leading food manufacturers. Regulatory changes and consumer preferences for healthier food options, however, may pose challenges to the market's growth in this region.

Asia-Pacific: The Asia-Pacific region is projected to witness the highest growth rate during the forecast period, driven by the growing poultry consumption in countries such as China and India. Rapid urbanization, rising incomes, and changing dietary habits are expected to boost the demand for MSP products in this region.

Latin America and Middle East & Africa: These regions are also expected to contribute to market growth, particularly due to an increase in protein consumption and the growing popularity of processed meats in emerging economies.

Competitive Landscape

The global mechanically separated poultry market is characterized by the presence of both large-scale players and smaller regional companies.

Some of the key players operating in the market include:

Tyson Foods, Inc.
JBS USA
Hormel Foods Corporation
BRF S.A.
Sanderson Farms, Inc.

These companies are adopting strategies such as mergers and acquisitions, new product development, and geographical expansion to maintain their position in the market.

Mechanically Separated Poultry Industry Research by
Category

By Form:

Frozen
Fresh

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Market Outlook

The global mechanically separated poultry market is poised for significant growth, driven by increased demand for processed foods, rising global meat consumption, and advancements in food processing technologies. Despite challenges such as health concerns over processed meat and regulatory hurdles, the market presents considerable opportunities, particularly through innovation in product offerings and sustainability efforts. As consumer preferences evolve and demand for convenience foods continues to rise, the MSP market is expected to expand and become an integral part of the global food industry.

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