Leading Frozen Meat End Use Markets Databank

Leading Frozen Meat End Use Markets Databank

The Frozen Meat market was valued at $74,900.0 Million in 2020, and is projected to reach $197,973.5 Million by 2029 growing at a CAGR of 11.47% from 2021 to 2029. Supermarket & Hypermarket segment is expected to be the highest contributor to this market, with $34,654.3 Million in 2020, and is anticipated to reach $91,495.6 Million by 2029, registering a CAGR of 11.45%. Convenience Stores segment is anticipated to reach $61,961.6 Million by 2029 with the highest CAGR of 11.55%. Supermarket & Hypermarket and Convenience Stores segments collectively expected to account for about 77.4% share of the Frozen Meat market in 2020, with the former constituting around 46.3% share. Convenience Stores and Supermarket & Hypermarket segments are expected to witness significant growth rates at a CAGR of 11.55% and 11.45% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 77.4% in the overall Frozen Meat market in 2020, and is anticipated to reach 77.5% by 2029.