The Global Meat, Poultry And Seafood Market Report by The Business Research Company covers meat, poultry and seafood market drivers and restraints, meat, poultry and seafood market size, major players, and the impact of COVID-19 on the meat, poultry and seafood market.
The meat, poultry and seafood market consists of sales of meat, poultry and seafood by entities (organizations, sole traders and partnerships) that produce and process meat, poultry and seafood. The meat, poultry and seafood industry includes establishments engaged in animal slaughtering and processing, poultry processing and seafood product preparation and packaging. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The meat, poultry and seafood market is segmented into meat products, poultry and seafood.
World population is growing and is expected to reach 10 billion by 2050. Increase in population creates more demand for food.
The global meat, poultry and seafood market is expected to grow from $1389.58 billion in 2020 to $1442.42 billion in 2021 at a compound annual growth rate (CAGR) of 3.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1916.34 billion in 2025 at a CAGR of 7%.
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Some meat, poultry and seafood market trends include poultry processing companies increasingly using 3D imaging systems to optimize yields. 3D imaging systems model the poultry bird using sensors and actuators to determine the position of cut. The bird is put under the vision system, which takes the images and measurements and geometry is determined. Near-infrared sensors determine the amount of meat and bone present in the bird. Vision analysis enables the system to perform optimal cuts for each bird regardless of the size and shape. It is a data-driven process which maximizes the yield and minimizes per unit cost for poultry meat processing. Major companies involved in pioneering this technology include Gainco, a meat and poultry equipment manufacturer, and Midwest Machine LLC.
Global meat, poultry and seafood market segments include:
1) By Type: Meat Products, Poultry, Seafood.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
3) By Nature: Organic, Conventional.
Subsegments Covered: Pork, Mutton, Beef, Other Meat Products, Chicken, Turkey, Ducks , Other Poultry, Crustaceans, Fish, Other Seafood.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global meat, poultry and seafood market share.
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The Meat, Poultry And Seafood Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides meat, poultry and seafood market overviews, analyzes and forecasts market size, share, meat, poultry and seafood market players, meat, poultry and seafood market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The meat, poultry and seafood market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Meat, Poultry And Seafood Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: JBS S.A, Tyson Foods Inc, WH Group Limited, NH Foods, Danish Crown A/S.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Meat, Poultry And Seafood Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Meat, Poultry And Seafood Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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