The variable meat preservation techniques have resulted in the voluminous growth in the demand for fresh processed meat. In order to suit the fast-paced city life, urban consumers prefer eating fresh processed meat products. The time required to cook raw meat and then serve will continue to opportunely aid the growth in demand for fresh processed meat products. Furthermore, hot dogs and other processed meat products are expanding prominence in the global food sector, creating ample growth opportunities for fresh processed meat products. Fresh processed meat products are widely accepted as the ideal fast food products, and are popular among the working class of the society. The global fresh processed meat products market is expected to witness an upsurge, owing to the dominance of existing fast food practices.
Global Fresh Processed Meat Products Market: Drivers & Restraints
The growing income of urbanised population has fuelled the demand in the global market for fresh processed meat products. Additionally, the busy urban life has resulted in consumers opting for convenient food that do not expend more time for cooking or preparation. The rising preference of consuming ready-to-eat meat is also considered as the key factor driving the growth of the global fresh processed meat products market.
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However, there are several factors restraining the growth of the fresh processed meat products market. The key restraints of the global market for fresh processed meat products include,
- Increasing obesity levels & unhealthy lifestyle
Consumption of processed food products triggers the upsurge of cholesterol and fat levels in the body, forcing the consumer to live an unhealthy lifestyle. Rising obesity levels are generating more awareness about the drawbacks of processed food consumption, thereby hampering the demand for fresh processed meat products.
- Growing number of meat-eaters
The mounting rise in the number of meat eating consumers has alarmed the manufacturers of fresh processed meat products. In order to meet the brimming demand, the process for retaining the freshness of the meat is hampered, which consequentially affects the impending demand.
- Demand for high-protein & fat-free meat
Fresh processed meat products are derived from preservation through curing, smoking, canning, drying or salting the raw meat. As a result, the processed meat holds high percent of fat and moderate levels of protein. Hence, the demand for fresh processed meat products is not prominent among a large segment of consumers who opt for high-protein and fatless meat products.
- Rising inclination towards Cancer & Heart Disease risks
The health consciousness among consumers is restraining the growth of the fresh processed meat products, owing to the high awareness of its disadvantages on the health. The high incidence rate of Cancer and cardiovascular disorders among consumers of fresh processed meat products is lowering the demand, and keeping the manufacturers reluctant about business expansion.
Regional Outlook
Moreover, the global fresh processed meat products market is also segmented on the basis of the seven key geographical regions. Among those, North America will continue to lead in terms of volumes of fresh processed meat being produced. Brazil and China will have equally major contribution in the global market, while 70% of the market share is expected to be dominated by North America alone. However, the lower awareness levels in Asia Pacific countries is anticipated to hinder growth opportunities of the global fresh processed meat products market.
Key Players
The key companies participating in the global market for fresh processed meat products include JBS, NH Foods Ltd, Smithfield Foods, Inc., Cargill Incorporated, ConAgra Foods Inc., National Beef Packing Company, LLC, Tyson Foods Inc., Cherkizovo Group PJSC and OSI Group, among others. Ever since WHO classified processed meat as Group 1, carcinogenic to humans, the global leaders in fresh processed meat manufacturing have faced ultimatum with context to their production capacity. Nevertheless, the companies are expected to boost the demand by developing advanced processing that renders the product meat harmless and prevents post-consumption stomach ailments.
The report covers exhaustive analysis on:
- Fresh Processed Meat Products Market Segments
- Fresh Processed Meat Products Market Dynamics
- Historical Actual Market Size, 2013 – 2015
- Fresh Processed Meat Products Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Fresh Processed Meat Products Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Fresh Processed Meat Products Market Drivers and Restraints
Regional analysis for Fresh Processed Meat Products Market includes
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Fresh Processed Meat Products: Market Segmentation
Based on the type of processed meat, the global market for fresh processed meat products is classified into segments such as,
- Hamburgers
- Fried Sausages
- Kebab
- Chicken Nuggets
On the basis of the packaging of the meat products, the market is further segmented into,
- Chilled
- Frozen
- Canned
According to the meat-type, the market includes sub-segments such as,
- Beef
- Pork
- Chicken
- Mutton
- Others
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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