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Global Cold Cuts Market to grow at a CAGR of 10.6% during the period 2017-2021

02-21-2017 01:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MRC

Market Research analysts forecast the global cold cuts market to grow at a CAGR of 10.6% during the period 2017-2021.

Commenting on the report, an analyst from Reports team said: The popularity of organic packaged food is increasing as consumers are beginning to value healthy, natural, and safe food products more. Consumers perceive organic food as healthy as the origin and quality of the ingredients that are used in the preparation of these products is usually verified by various agencies. Organic products are mostly priced higher in comparison to conventional products. The premium price is due to the comparatively high production and distribution costs as well as consumers willingness to pay extra for these products. The additional or premium cost associated with organic production is passed throughout the supply chain and paid by the end-consumer at last. In 2014, the US accounted for 43% of the total retail sales of organic food globally and Germany accounted for 13%. Seeing the growing preference for organic food (including packaged food products), players like Applegate Natural & Organic Meats, VANTASTIC FOODS, Flavours and Colours of Biodiversity, and Aalbaek Specialiteter are coming up with more varieties of organic cold cuts.

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According to the report, the demand for convenient and packaged products has been on a rise since the last decade. Many countries around the world have experienced development and urbanization in the recent years. Urbanization is inculcating new eating habits, and consumers are developing a palate for international food. The urbanized population is demanding ready-to-eat packaged foods that are convenient to consume. Thus, various super and hyper markets are storing chilled and packaged food materials.

Further, the report states that players in the global cold cuts market face issues complying with the stringent rules and regulations imposed by the authorities in the countries they operate in. These regulations pertain to permits, the entry of new players, the launch of new products, and the expiry dates for certain products. The production of cold cuts suitable for export to countries like the US is difficult as the players need to follow lengthy procedures involving strict rules. In recent years, many revisions have taken place in government rules and regulations to control the presence of pathogenic microorganisms such as listeria monocytogenes and salmonella in cold cuts. For instance, in countries like Canada, Canadian Food Inspection Agency has increased regulations regarding testing and reporting of listeria in processing plants that make cold cuts.

About Cold Cuts

The global processed meat market is expected to grow at a steady pace during the forecast period. With globalization and urbanization, consumer lifestyles are becoming busier and the number of dual-income households are rising. Ready-to-eat meat products that contain essential nutrients and save the cooking time of the consumers are being largely preferred by these household. Due to an overall increase in health consciousness among customers, many of them are adding protein to their daily diets, As processed meat acts as an excellent source of protein, its demand is increasing. The growth of the food service and retail industries has resulted in increased supply of processed meat products. In addition, innovation in processing technologies has led to the introduction of diverse processed meat products in the market.

Complete Report Details @ https://marketreportscenter.com/reports/507669/global-cold-cuts-market-2017-2021

Covered in this report

The report covers the present scenario and the growth prospects of the global cold cuts market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of cold cuts.

The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA

Global Cold Cuts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Boar's Head
Hormel Food
Kraft Heinz
Seaboard
Tyson Foods

Other prominent vendors
Bar-S Foods
Daniele
Kunzler
Blue Grass Quality Meats
Bryan Foods
Smithfield Foods
Frick's Quality Meats
Royal Foodstuff
Bridgford Foods
Golden Bridge Foods
Black Bear
Applegate
Cris-Tim
Raspini
Vantastic Foods
LINCK
Flavours and Colours of Biodiversity

Market driver
Increasing demand for convenient and packaged food
For a full, detailed list, view our report

Market challenge
Health risks associated with the consumption of cold cuts
For a full, detailed list, view our report

Market trend
Customer preference for organic labelled cold cuts
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

..…..Continued

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