Global Processed Red Meat Market 2024-2028
The processed red meat market is forecasted to grow by USD 131.2 bn during 2023-2028, accelerating at a CAGR of 4.98% during the forecast period. The report on the processed red meat market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for convenience foods, easy accessibility of red meat through distribution channels, and increasing product launches.
Technavio's processed red meat market is segmented as below:
By Product
- Processed pork
- Processed beef
- Processed lamb
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing emphasis on packaging innovations as one of the prime reasons driving the processed red meat market growth during the next few years. Also, increasing mergers and acquisitions, and expansion activities and growth in online retail will lead to sizable demand in the market.
The report on the processed red meat market covers the following areas:
- Processed red meat market sizing
- Processed red meat market forecast
- Processed red meat market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading processed red meat market vendors that include American Foods Group LLC, Aurora Packing Co., BRF SA, Cargill Inc., Cremonini SpA, Dawn Farm Foods Ltd., Dawn Meats, Foyle Food Group Ltd., Hormel Foods Corp., Itoham Yonekyu Holdings Inc., JBS SA, KOCH FOODS INC., MS Global Food CO. WLL, National Beef Packing Co. LLC, NH Foods Ltd., PJSC Cherkizovo Group, Sunbulah Group, Sysco Corp., Tyson Foods Inc., and WH Group Ltd.. Also, the processed red meat market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.