Processed Meat Global Market Share, Opportunities, Segmentation and Forecast to 2024

Global Processed Meat Market Outlook
Market Overview
Meat & poultry is a major segment of processed food where processed meat is produced by meat products from animal fat and muscle meat. Wide consumption of meat is driving the demand of processed meat globally. Rising population and increasing disposable income in emerging economies such as Latin American and Asia Pacific is bolstering the global processed meat market. However, more consumption of processed meat products leads to the risk of cardiovascular diseases and cancer responsible for lowering the demand of processed meat across the world. In 2015, as per the study performed by The International Agency for Research on Cancer (IARC), a cancer agency of the World Health Organization, mentioned processed meat as carcinogenic. The study suggests that consumption of 50gms of processed meat every day creates 18% risk of colorectal cancer.

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/2316647-global-processed-meat-market-outlook-2024-global-opportunity-and-demand-analysis

However, due to high consumption and demand of meat, many companies are investing in processed meat business for high return of profit. For instance, in 2016, Siniora Food Industries acquired Diamond Meat Processing a UAE based company for USD 12 million. The acquisition aims to diversify and expand product portfolio of the company. Moreover, in 2016, a wholesale giant company Costco invested USD 180 million to develop its own poultry farm so that the farm can produce one-third of all its chickens including raw meat. Such investments are targeted to expand production and business opportunity of processed meat in the near future.

Key Market Players
• Cargill Inc.
 Synopsis
 Business Strategy
 Product Portfolio
 SWOT Analysis
• Tyson Foods
• Gulf Food Industries
• National Food Co.
• Hormel Foods
• Smithfield Foods
• NH Foods
• BRF S.A.

Market Drivers and Challenges
Availability of large varieties of processed meat at affordable rate is driving the growth of processed meat market mainly in developing countries. Increasing disposable income and rising consumer awareness about animal protein rich diet is also boosting the demand of processed meat across the globe. Rising demand of easy-to-cook mainly among urban population is also one of the major driving the growth of the global processed meat market.

Increasing obesity level due to high intake of processed food is the main factor which is hampering the adoption rate of processed meat. Rising health awareness and shift towards healthy lifestyle is lowering the demand of processed meat. Processed meat contains high level of fats and moderate level protein, however high demand of protein rich and fat free processed meat is limiting the growth of processed meat market.

Market Dynamics: Growth Drivers, Restraints and Opportunities
• Risk Factors
• Regional Variations
• Recent Trends and Developments
Key Market Players
• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks
…Continued

ACCESS REPORT @ https://www.wiseguyreports.com/reports/2316647-global-processed-meat-market-outlook-2024-global-opportunity-and-demand-analysis

Get in touch:
LinkedIn: www.linkedin.com/company/4828928
Twitter: https://twitter.com/WiseGuyReports
Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

WISE GUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

This release was published on openPR.