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According to a market report by Lucintel, the future of the processed meat market looks promising with opportunities in the poultry, beef, pork, and sheep meat markets. The global processed meat market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 3% to 5% from 2020 to 2025. The major drivers for this market increasing disposable income, growing demand for ready to eat and ready to cook meat products with better quality and taste, and rising pay level of the middle class consumers

In this market, chilled, frozen, and canned/preserved are the major processed type. Chilled processed meat will remain the largest segment during the forecast period due to increasing demand for chilled processed meat in unites states and western European countries.

Europe will remain the largest region the forecast period due to growing demand from consumers for ready to eat and ready to cook foods in the countries like Germany and United Kingdom.

Cargill, Tyson Foods, National Foods, Hormel Foods, Smithfield Foods, Pilgrim's, Conagra Brands, Trademark, Perdue, NH Foods, BRF, Foster Farms, and  JBS are among the major processed meat manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global processed meat market by meat type, process type, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Processed Meat Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global processed meat market by meat type, process type, and region as follows:

By Meat Type [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:

• 
  Pork


• 
  Poultry


• 
  Beef


• 
  Mutton

By Process Type [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:

• 
  Chilled


• 
  Frozen


• 
  Canned/Preserved

By Region [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:

• 
  North America
  
  
  
  • 
    United States
  
  
  • 
    Canada
  
  
  • 
    Mexico
  
  
  
  


• 
  Europe
  
  
  
  • 
    Germany
  
  
  • 
    United Kingdom
  
  
  • 
    France
  
  
  • 
    Italy
  
  
  
  


• 
  Asia Pacific
  
  
  
  • 
    China
  
  
  • 
    Japan
  
  
  • 
    India
  
  
  • 
    South Korea
  
  
  
  


• 
  The Rest of the World

 

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.