Global Smoked Meats Market Growth 2023-2029

Global Smoked Meats Market Growth 2023-2029

Smoked meat is a method of preparing red meat (and fish) which originates in prehistory. Its purpose is to preserve these protein-rich foods, which would otherwise spoil quickly, for long periods. There are two mechanisms for this preservation: dehydration and the antibacterial properties of phenols and other chemicals in the absorbed smoke. In modern days, the enhanced flavor of smoked foods makes them a delicacy in many cultures.

LPI (LP Information)' newest research report, the “Smoked Meats Industry Forecast” looks at past sales and reviews total world Smoked Meats sales in 2022, providing a comprehensive analysis by region and market sector of projected Smoked Meats sales for 2023 through 2029. With Smoked Meats sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smoked Meats industry.

This Insight Report provides a comprehensive analysis of the global Smoked Meats landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smoked Meats portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smoked Meats market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smoked Meats and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smoked Meats.

The global Smoked Meats market size is projected to grow from US$ 35130 million in 2022 to US$ 39990 million in 2029; it is expected to grow at a CAGR of 39990 from 2023 to 2029.

North America is the largest market with about 34% market share. Europe and China are follower, accounting for about 49% market share.

The key players are WH Group, Hormel, Yunrun Group, Fratelli Beretta SpA, Columbus Foods, Peer Foods Group, Inc., Kayem Foods, Inc., Schwartz, Falls Brand and Independent Meat Company, Sunnyvalley Smoked Meats, Inc., Prime Smoked etc. Top 3 companies occupied about 18% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Smoked Meats market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Fish
Pork
Beef
Poultry
Others

Segmentation by application
Hotel & Restaurant
Barbecue
Personal
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
WH Group
Hormel
Yunrun Group
Fratelli Beretta SpA
Columbus Foods
Peer Foods Group, Inc.
Kayem Foods, Inc.
Schwartz
Falls Brand and Independent Meat Company
Sunnyvalley Smoked Meats, Inc.
Prime Smoked

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smoked Meats market?

What factors are driving Smoked Meats market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smoked Meats market opportunities vary by end market size?

How does Smoked Meats break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.