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Frozen Meat & Poultry Market Size: Market Outlook and Market Forecast (2024 to 2031)

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Market Overview and Report Coverage

Frozen meat & poultry refers to an assortment of meats that have been kept at low temperatures to prevent spoilage and increase shelf life. This market segment comprises a variety of products such as frozen beef, chicken, pork, and turkey, among others. The convenience, longer shelf life, and availability of a wide range of options make frozen meat & poultry a popular choice among consumers.

The Frozen Meat & Poultry Market is anticipated to witness significant growth in the coming years, with a projected CAGR of % during the forecasted period. The increasing demand for convenience foods, changing lifestyle patterns, and rising disposable income are some of the key factors driving market growth. In addition, advancements in freezing technology and packaging techniques are also contributing to the expansion of the frozen meat & poultry market.

The latest market trends suggest a growing inclination towards organic and natural frozen meat products, as consumers are becoming more health-conscious. Furthermore, the market is witnessing a surge in online retail sales of frozen meat & poultry products, providing consumers with easy access to a wide range of options. Overall, the future outlook for the frozen meat & poultry market looks promising, with continued growth expected in the years to come.

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Market Segmentation

The Frozen Meat & Poultry Market Analysis by types is segmented into:

  • Frozen Chicken
  • Frozen Pork
  • Frozen Beef
  • Frozen Lamb
  • Other

 

Frozen meat and poultry market types include frozen chicken, frozen pork, frozen beef, frozen lamb, and other frozen meats. Frozen chicken is one of the most popular choices due to its versatility and affordability. Frozen pork is also commonly consumed and is often used in a variety of dishes. Frozen beef is known for its rich flavor and tenderness. Frozen lamb is preferred for its unique taste and tenderness. The other frozen meat market includes options such as turkey, duck, and game meats, offering a diverse selection for consumers.

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The Frozen Meat & Poultry Market Industry Research by Application is segmented into:

  • Food Service
  • Retail & Grocery Store Chains
  • Restaurants
  • Other

 

The frozen meat and poultry market finds application across various sectors including food service, retail and grocery store chains, restaurants, and other markets. Food service providers rely on frozen meat and poultry for convenient storage and menu planning. Grocery store chains stock frozen meats and poultry for consumers looking for quality options with longer shelf life. Restaurants use frozen products for consistency in menu offerings. Other markets such as caterers and meal kit services also utilize frozen meat and poultry for their food preparation.

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In terms of Region, the Frozen Meat & Poultry Market Players available by Region are:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

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What are the Emerging Trends in the Global Frozen Meat & Poultry market?

Emerging trends in the global frozen meat & poultry market include increasing consumer preference for convenience foods, growth in e-commerce and online grocery shopping, and rising demand for organic and antibiotic-free products. Current trends in the market involve the introduction of new product varieties and flavors, expanding distribution channels, and advancements in packaging technology to enhance product shelf life. Additionally, the market is witnessing a shift towards sustainable and environmentally friendly practices, with companies focusing on reducing food waste and improving supply chain transparency. Overall, the frozen meat & poultry market is experiencing steady growth and innovation to meet evolving consumer demands.

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Major Market Players

Among the listed companies in the Frozen Meat & Poultry Market, Cargill Beef and JBS are two major players that hold a significant market share. Cargill Beef is a global food corporation and one of the largest beef producers in the world. They have a strong presence in the frozen meat market with a wide range of products and a strong distribution network. JBS is another major player in the market with a diverse product portfolio that includes poultry, beef, and pork products. They have a strong presence in key markets and have been focusing on expanding their product offerings to meet the growing demand for frozen meat products.

In terms of market growth, the Frozen Meat & Poultry market is expected to witness significant growth in the coming years due to the increasing demand for convenience food products and the growing trend of online shopping. Consumers are increasingly opting for frozen meat products due to their longer shelf life, convenience, and easy availability. The market size of the global frozen meat market is estimated to exceed $30 billion by 2025.

Among the listed companies, Cargill Beef and JBS have reported strong sales revenue in recent years. Cargill Beef reported sales revenue of over $114 billion in 2020, while JBS reported sales revenue of over $50 billion in the same year. These companies have been focusing on innovation, product development, and strategic partnerships to strengthen their market position and cater to the evolving consumer preferences.

Overall, the Frozen Meat & Poultry Market is highly competitive, with key players such as Cargill Beef and JBS leading the market. With the growing demand for frozen meat products, companies are focusing on expanding their product offerings, enhancing their distribution networks, and investing in research and development to stay competitive in the market.

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