Frozen Meat Market – Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Frozen meat products help in reducing food waste while providing fresh taste. Frozen meat products are easy to cook, handy, and save time. In contrary to processed foods, frozen meat products do not contain any harmful preservatives. Key players in the market are adopting various business strategies such as mergers and acquisitions to expand their global footprint. For instance, in September 2021, Cargill, Inc. acquired Konspol Holding Sp. zo.o., a food company in Poland that offers a range of products in the frozen, cold cut, and chilled convenience categories. The acquisition will help Cargill to enter the Poland market and expand its global presence in meat market.
Market Dynamics
Among distribution channel, online segment is expected to witness significant growth in the market over the forecast period. Increasing internet penetration in emerging economies such as India and China, ease of comparison of prices, review of products, and ease of delivery at home through e-commerce sites are the major factors driving growth of the segment in the market. For instance, according to Associated Chambers of Commerce and Industry in India (ASSOCHAM), the online retail market in India was valued at US$ 38.5 billion in 2017 and is expected to reach US$ 50 billion by 2025.
Asia Pacific is expected to be the fastest growing region in the market over the forecast period. Increasing meat consumption due to significant demand for protein rich food is driving growth of the frozen meat products market in this region. Key players are introducing new products to cater to increasing demand for frozen meat products. For instance, in February 2021, Chevon Agrotech, a frozen food company, launched goat meat based ready-to-eat products brand KUZO.
Key features of the study:
This report provides in-depth analysis of frozen meat market and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global frozen meat market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Kerry Group Plc., Associated British Foods Plc., BRF S.A., Verde Farms LLC, JBS S.A., Marfrig Global Foods S.A., Cargill Inc., Tyson Foods, Inc., Pilgrim’s Pride Corporation, and V H Group
Insights from this report would allow marketers and management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global frozen meat market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the frozen meat market
Detailed Segmentation:
Global Frozen Meat Market, By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
Global Frozen Meat Market, By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Global Frozen Meat Market, By Region:
North America
U.S.
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Canada
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Europe
U.K.
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Germany
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Italy
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
France
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Russia
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Rest of Europe
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Asia Pacific
China
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
India
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Japan
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
ASEAN
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Australia
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
South Korea
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Rest of Asia Pacific
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Latin America
Brazil
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Mexico
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Rest of Latin America
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Middle East
GCC
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Israel
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Rest of Middle East
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Africa
Northern Africa
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Central Africa
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
South Africa
By Meat Type:
Poultry
Beef
Pork
Seafood
Lamb
Others
By Distribution Channel:
Supermarkets
Hypermarkets
Online
Convenience stores
Others
Company Profiles
Kerry Group Plc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Associated British Foods Plc.
BRF S.A.
Verde Farms LLC
JBS S.A.
Marfrig Global Foods S.A.
Cargill, Inc.
Tyson Foods, Inc.
Pilgrim’s Pride Corporation
V H Group
“*” marked represents similar segmentation in other categories in the respective section.
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