Market Synopsis

Widespread advancements associated with various techniques to increase the shelf life of food items especially meat products without compromising the product quality has led to the development of freezing techniques. According to the study report published by Market Research Future (MRFR), the global frozen meat market is anticipated to expand steadily at a CAGR of 4.36% during the forecast period of 2017-2023.

Key Players

Various players in the global frozen meat market are concentrating on product quality to ensure the freshness and nutrition level of frozen meat. Increasing involvement of industry players in the global market is strengthening the competition in the global frozen meat market.

The major players profiled by MRFR in the report on the global frozen meat market are Marfrig Group. (Brazil), Kerry Group Plc. (Ireland), BRF S.A. (Brazil), Associated British Foods Plc. (the U.K.), Pilgrim’s Pride Corporation (the U.S.), Tyson Foods, Inc. (the U.S.) and Cargill Incorporated (the U.S.).

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Market Segmentation

The global frozen meat market has been segmented on the basis of product type, distribution channel and end-users. Based on product type, the frozen meat market is segmented into frozen processed meat and frozen whole cut. The frozen processed meat segment is anticipated to account for the major share of the global frozen meat market by the end of the forecast period.

Based on distribution channel, the frozen meat market is segmented into store-based and non-store based. The store-based segment is registered to expand at a significant rate in the global market during the forecast period. Based on end-users, the frozen meat market is segmented into retail customers and service.

Regional Analysis

Geographically, the global frozen meat market is segmented into North America, Asia Pacific, Europe and the rest of the world. The Europe region is anticipated to project dominance over the global frozen meat market during the forecast period owing to the high demand and supply of frozen food products in this region. The Asia Pacific region is registered to expand at a maximum rate in the global frozen meat market owing to the increasing consumer preference towards meat products with higher shelf life in this region.

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