The frozen meat market was valued at USD 58.7 billion in 2022. From 2023 to 2029, it is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.65%, bringing its total revenue close to USD 80.69 billion. Because it keeps its quality for a longer period of time and can be frozen at temperatures as low as -18 degrees Celsius, frozen meat is becoming more and more popular around the world.
Frozen Meat Market Scope and Research Methodology
This study aims to provide a comprehensive overview of the Frozen Meat Market, including components, applications, industries, and geographical considerations. The article delves deeply into the key factors driving the growth of the Frozen Meat market, including a detailed analysis of its value chain.
The methodology used in this study involves secondary research to assess and predict trends in the Frozen Meat industry. The process begins with gathering revenue data from major suppliers and incorporates vendor offerings into market segmentation analysis. The bottom-up approach is used to calculate the overall size of the Frozen Meat market based on the revenue generated by major corporations.
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Frozen Meat Market Segmentation:
Based on Type, The frozen meat market is segmented into Frozen Processed Meat and Frozen Whole Cuts. Frozen Processed Meat holds a dominant position due to its higher adoption rates compared to Frozen Whole Cuts. Processed meats undergo specific treatments, such as smoking, curing, or adding preservatives, enhancing their shelf life and convenience, and appealing to consumers seeking ready-to-cook options. This segment, comprising sausages, bacon, and pre-seasoned cuts, caters extensively to the demand for quick meal solutions, aligning with the fast-paced lifestyles of modern consumers.
by Type
Frozen Processed Meat
Frozen Whole Cut
by End User
Food Service
Retail Customers
Frozen Meat Market Key Players:
1. Allanasons Pvt Ltd
2. Ajinomoto Foods
3. Astral Foods
4. Austevoll Seafood ASA
5. Cargill Inc
6. Conagra Brands, Inc
7. General Mills Inc
8. Green Farms LLC
9. Hormel Foods Corporation
10. JBS SA
11. Kellogg Co
12. Kerry Group Plc
13. Kraft Heinz Company
14. LantmännenUnibake
15. M&J Seafood Holdings Limited
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Regional Analysis:
Market share data is presented for several regions, including North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Maximize analysts conduct a comprehensive assessment of competitive strengths, as well as individual competitive analyses for each key player.
Key Questions Answered in the Frozen Meat Market Report are:
- Which segment dominated the Frozen Meat market in terms of market share?
- What characterized the competitive landscape of the Frozen Meat market in 2021?
- What are the primary drivers fueling the growth of the Frozen Meat market?
- In 2021, which region held the largest proportion of the Frozen Meat market?
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