The Processed Poultry & Meat Market is estimated to be 65.8 Billion by 2023Posted by IndustryARC on June 10th, 2019 According to the new market research report by IndustryARC titled “Processed Poultry & Meat Market: (2018–2023),” the global processed poultry and meat market is driven by different factors, such as rising awareness about animal protein-rich diet and growing demand for processed and convenience goods. Automated technology in poultry processing also complements the growth of the processed poultry and meat market. Various packaging techniques improves the shelf life of a product and is expected to further drive the market. North America to have a major share in the Processed Poultry & Meat Market The U.S. is the largest poultry producer and it is majorly driven by the improvement in research and development facilities of the poultry industry. It is observed that less calorie content of poultry meat over red meat will contribute people buying poultry meat more. The high demand in the U.K. for quality and nutrient-rich food has resulted in high consumption of poultry meat whereas the production is uncertain with the ‘Brexit’. Asia is followed by South America, which is further followed by Middle East and Africa, North America, and Europe, respectively in terms of growth rate. The North American market is projected to grow at a CAGR of 6.78% during the forecast period 2018-2023, while Asia is projected to be the fastest growing market with a CAGR of 9.32% owing to the growth in population and increase of disposable income. Selected/Sample Analysis done in the full Report The global processed poultry and meat market is segmented based on the product type, meat type, packaging film, packaging technique, end-use industry, and geography. It was observed that the chicken-based processed poultry market was the leading segment and it contributed 31.8% market share in 2017 and is estimated to dominate during the forecast period. In 2018, it was observed that the cured segment holds the highest market share. Multi-layer films are more in use than single layer films as they keep the meat fresh for longer. Hence they have a 7.79% growth rate while single layer films have a 6.43% growth rate. Excerpts on Market Growth Factors
Key players of the Processed Poultry & Meat market Tyson Foods is the main company in processed poultry & meat market. The company has its headquarters in Springdale, United States. Some of the major players in the home Processed Poultry & Meat market are Sanderson Farms Inc., Tyson Foods Inc., Marfrig Group, Cargill Inc., WH Group, BRF S.A, Hormel Foods Corporation, and more than 10 companies. What can you expect from the report? Frequently Asked Questions: Q. Does IndustryARC publish country-, region-, product-, or application-based reports in the Processed Poultry and Meat market? Response: Yes, we do have separate reports as mentioned below: 1. Americas Processed Poultry and Meat Market (2018–2023) 2. Asia-Pacific Processed Poultry and Meat Market (2018–2023) 3. Europe Processed Poultry and Meat Market (2018–2023) 4. Middle East and Africa Processed Poultry and Meat Market (2018–2023) Q. Does IndustryARC provide customized reports and charge additionally for limited customization? Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We provide the following free customization: 1. Increase the level of data in the application or end user industry chapter 2. Increase the number of countries in the geography chapter 3. Find out market shares for other smaller companies or companies that are of interest to you 4. Company profiles can be requested based on your interest 5. Patent analysis, pricing, product analysis, product benchmarking, and value and supply chain analysis can be requested for a specific country or end-use segment Media Contact: Mr. Venkat Reddy Sales Manager Email: sales@industryarc.com Contact Sales: +1-614-588-8538
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