Rising Demand for Convenience Food in China to Propel Demand for Frozen Meat – Fact.MR Survey

Posted on 2022-02-23 by Future Market Insights, Inc in Internet & Online // 0 Comments

250 Pages Frozen Meat Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Frozen Meat. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Frozen Meat Market across various industries and regions.

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The global frozen meat market analysed by Fact.MR estimates that the market enjoyed year-on-year (YoY) growth of 5.5% in 2021 to total 8,284,722 MT. Fact.MR, a market research and competitive intelligence provider, reveals that frozen meat products hold 32.5% share in the global frozen food market, and are expected to witness a prominent CAGR of 6.5% to reach a valuation of US$ 61.5 Bn by 2031.

Frozen Meat Market Size in 2021	US$ 32.8 Bn
Market Forecasted Value for 2031	US$ 61.5 Bn
Global Market Growth Rate (2021 to 2031)	6.5% CAGR
Market Share of India in South Asia Region	59%

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Frozen Meat market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Frozen Meat

Frozen meat market by product type from Fact.MR

This newly published and insightful report sheds light on Market Insights of Frozen Meat, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Frozen Meat Market.

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Main Segments Covered in Frozen Meat Industry Research

By Product Type
- Beef
- Pork
- Poultry Meat
- Sheep Meat
By Nature
- Organic Frozen Meat
- Conventional Frozen Meat
By End Use Application
- Food Processing Industry
- Food Service Industry
- Retail
  - Hypermarkets/Supermarkets
  - Traditional Grocery Stores
  - Convenience Stores
  - Discount Stores
  - Online Retail Stores
  - Others

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Competition Landscape

Frozen meat suppliers are taking strategic steps towards broadening their distribution networks to reach new markets.

For example, BRF S.A. has a well-established distribution network that can deliver frozen food products to practically any part of Brazil. In addition, BRF exports its products to over 140 countries and has its own distribution networks, through which, it distributes directly to local food processors and wholesalers.

Similarly, recent developments related to companies supplying frozen meat have been tracked by the team at Fact.MR, which are available in the full report.

Key Takeaways from Market Study

The U.S. is estimated to account for more than 83% of the North American market share in 2021, supported by growing demand for ready-to-eat food items.
China is estimated to account for 46.6% of the East Asian frozen meat market share, supported by heightened manufacturing capabilities.
Thailand is one of the prominent countries in the South Asian regions with a market share of 11.9%, due to high number of trading partners and growing export demand.
Conventional frozen meat reflects approximately 90.2% market share in 2021; however, the organic type is expected to witness a CAGR of 7.7% over the forecast period due to rising environmental concerns.
Frozen meat sales are estimated to account for a CAGR of nearly 6.5% through 2031 on the back of its wide range of end-use applications in the food processing industry, food service industry, and retail sector.

“The market is driven by convenience, upgraded storage qualities, ease of use, and longer shelf-life properties of frozen meat. Frozen meat is a good source of protein and other vital nutrients, and technical improvements such as IQF technologies have improved its efficiency to a great extent,” says a lead analyst at Fact.MR.

Key Question answered in the survey of Frozen Meat market report:

Sales and Demand of Frozen Meat
Growth of Frozen Meat Market
Market Analysis of Frozen Meat
Market Insights of Frozen Meat
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Market Survey of Frozen Meat

More Valuable Insights on Frozen Meat Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Frozen Meat, Sales and Demand of Frozen Meat, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Main Segments Covered in Frozen Meat Industry Research

By Product Type

By Nature

By End Use Application

Competition Landscape

Key Takeaways from Market Study

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