Global Frozen Meat Market Forecast to 2023 Detailed in New Research Report

Posted on 2017-07-14 by WiseGuy Research in Biotech, Food & Beverage, Industrial, Retail, Small Business // 0 Comments

Pune, India, 2017-Jul-14 — /EPR Network/ —

Market Research Future published a Cooked Research Report (CRR) on Global Frozen Meat Market value which is estimated to grow at 4.36% by 2023

Market Overview

Frozen Food involves basic food chemistry under which food is conserved by a freezing process and kept in a freezer before cooking. Frozen food category offers a greater variety along with better availability of food available all year round. Frozen food offers better stock control, overcome the problem of seasonality and offers longer shelf life which allows advanced purchase and longer term storage.

Competitive Analysis-

This report includes a study of strategies used in the market, mergers and acquisitions in frozen meat, multiple product launch by frozen meat market players. It further includes product portfolios and developments of leading major players which includes

Marfrig Group. (Brazil)
Kerry Group Plc. (Ireland)
BRF S.A. (Brazil)
Associated British Foods Plc. (U.K.)
Pilgrim’s Pride Corporation (U.S.)
Tyson Foods, Inc. (U.S.)
Cargill Incorporated (U.S.)

The market players have increased their level of investment in research to identify right formulation and to improve product functionality in order to capture lion’s share and create brand recognition in frozen meat market. Most of the companies operating in this market are focusing on expanding its operations across the geographies, augmenting its capabilities and investing in research and development to offer products with better functionality.

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Market Forecast

The significant factor driving the growth of the frozen meat market is the increasing demand of high protein food among the consumer. Consumers are inclined to adopt meat to fulfil their health nutrients. Furthermore the development of the food technology is providing the extra space for the frozen food manufacturers. Apart from that, the hectic lifestyles of the people coupled with the changing dietary patterns of the consumer are further propelling the demand of frozen meat market in the upcoming decade. Food service industry is witnessing a healthy growth over the couple of years both in developed and developing economies which in turn offers a lucrative opportunity in the frozen meat market over the forecast period. Generally, food service companies purchase the product in a bulk quantity which is positively influencing the demand of frozen meat. In addition, mounting growth of organized retail industry is also anticipated to be one of the important factor for increasing growth of frozen meat market during the forecast period. Consumers are interested to buy the products from the super markets & hyper markets instead of the normal grocery shop.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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