The Global Meat Products Market Report by The Business Research Company covers meat products market drivers and restraints, meat products market size, major players, and the impact of COVID-19 on the meat products market.
The meat products market consists of sales of meat products by entities (organizations, sole traders and partnerships) that produce and process pork, beef, sheep and goats, birds, and other animals. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The meat products market is segmented into pork, mutton, beef and other meat products.
World population is growing and is expected to reach 10 billion by 2050 . Increase in population creates more demand for food including meat products.
The global meat products market is expected to grow from $838.25 billion in 2020 to $867.26 billion in 2021 at a compound annual growth rate (CAGR) of 3.5%. 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 $1157.55 billion in 2025 at a CAGR of 7%.
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Some meat products market trends include adoption of robotics and automation technology to maximize production efficiency. Robotic systems automate deboning, cutting, butchering, and monitoring processes in meat production. This decreases cycle times and increases throughput. Automation enables meat processing companies to improve plant conditions, reduce contamination, and makes meat processing safer for workers as well as consumers. Robots can help manufacturers in transferring a wide range of meat and sausages from conveyor belts to trays at a rate of up to 240 cycles per minute. Plants with fixed automation systems increase yields by at least 2-3% over workers.
Global meat products market segments include:
1) By Type: Pork, Mutton Other Meat Products.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
3) By Product Type: Chilled, Frozen, Canned/Preserved.
4) By Nature: Organic, Conventional.
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 products market share.
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The Meat Products 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 products market overviews, analyzes and forecasts market size, share, meat products market players, meat products market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The meat products 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 Products 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: Affco Holdings Limited, Andelsselskabet Tican A.M.B.A, Arcadie Sud Ouest, Arrow Group Limited, Doux S.A.
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 Products 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 Products Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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