Processed Poultry Meat Market

Processed Poultry Meat Market was valued at USD 285 billion in 2019 and is expected to register a CAGR of 6.4% during the forecast period.

Introduction of the Global Processed Poultry Meat Market report

Processed poultry meat is made from the treatment and processing of poultry meat to extend its shelf life and to improve its taste. Various chemicals such as sodium nitrate, are used for the processing of meat. Processed poultry meat is gaining more traction as it offers an ample amount of nutritional benefits. It is easy to prepare, requires less time, and provides controlled amount of nutrients. Processed poultry meat is widely available in different flavors.

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The key factors proliferating the growth of the global processed poultry market include the fundamental shift toward animal protein-rich diet pattern and the strong demand for processed & convenient food products. It has been observed that due to urbanization, the lifestyle of people has changed up to a certain extent. The number of working populations and youth has drastically increased, especially in urban areas. Moreover, there is a high demand for processed poultry meat in developing economies such as India and China, driven by the rising disposable income. Countries such as the U.S. and Germany are focusing on bringing innovative technological advancement in the processing of processed food, thereby creating new growth opportunities in the market. In addition to this, consumers are actively looking for ready-to-eat food products, which are convenient and requires no or minimum cooking. All these factors will positively influence the global processed poultry market in the coming years. On the other end of the spectrum, the rising incidences of diseases caused by the consumption of meat products, such as avian diseases, are likely to hinder the growth of the market.

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On the basis of the product, the market is segmented into cured and uncured. Among these, the cured segment is attributed to witness a higher CAGR during the forecast period. The cured process includes nitrite that helps in preventing the growth of pathogenic bacteria and increases the shelf life of meat. On the other hand, the uncured processed segment would also observe a higher CAGR during the forecast period due to the growing usage of natural preservatives across the globe.

Based on the end-user, the market is segmented into retail and food service. Among these, the retail segment would witness a higher CAGR during the forecast period. Retail places such as supermarkets/ hypermarkets, provides a wide range of products under one roof. Moreover, these places also offer various discount benefits on bulk orders. All these factors are responsible for the increasing demand of this segment.

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On the basis of region, Asia-Pacific is expected to grow at a higher CAGR during the forecast period. This is attributed to increasing urbanization, especially in developing economies. Moreover, the increasing focus of individuals towards healthy diet patterns is further propelling customers to take a high intake of protein, which is boosting the growth of the market in the region.

The major players operating the market include BRF S.A, Hormel Foods Corporation, Cherkizovo Group, Marfrig Global Foods S.A, Nippon Meat Packers, Inc, Tyson Foods, Inc, Smithfield Foods, Inc., Sanderson Farms Incorporated, JBS S.A., and Cargill Incorporated.

The global processed poultry meat market has been segmented on the basis of type, product, end-user, and region. Based on type, the market is segmented into chicken meat, turkey meat, duck meat, and others. Based on product, the market is segmented into cured and uncured. Based on end user, the market is segmented into retail and food service.

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Key questions answered in this research report:

• • At what pace is global processed poultry meat market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in processed poultry meat market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global processed poultry meat market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various types of global processed poultry meat market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Processed Poultry Meat Market by Type

• • Chicken Meat
  • Turkey Meat
  • Duck Meat
  • Others

Global Processed Poultry Meat Market by Product

• • Cured
  • Uncured

Global Processed Poultry Meat Market by End User

• • Retail
  • Food service

Global Processed Poultry Meat Market by Region

• • North America Processed Poultry Meat Market (Option 1: As a part of the free 25% customization)
    • • North America Processed Poultry Meat Market by Type
      • North America Processed Poultry Meat Market by Product
      • North America Processed Poultry Meat Market by End User
      • US Processed Poultry Meat Market All-Up
      • Canada Processed Poultry Meat Market All-Up
  • Europe Processed Poultry Meat Market (Option 2: As a part of the free 25% customization)
    • • Europe Processed Poultry Meat Market by Type
      • Europe Processed Poultry Meat Market by Product
      • Europe Processed Poultry Meat Market by End User
      • UK Processed Poultry Meat Market All-Up
      • Germany Processed Poultry Meat Market All-Up
      • France Processed Poultry Meat Market All-Up
      • Spain Processed Poultry Meat Market All-Up
      • Rest of Europe Processed Poultry Meat Market All-Up
  • Asia-Pacific Processed Poultry Meat Market (Option 3: As a part of the free 25% customization)
    • • Asia-Pacific Processed Poultry Meat Market by Type
      • Asia-Pacific Processed Poultry Meat Market by Product
      • Asia-Pacific Processed Poultry Meat Market by End User
      • China Processed Poultry Meat Market All-Up
      • India Processed Poultry Meat Market All-Up
      • Japan Processed Poultry Meat Market All-Up
      • Rest of APAC Processed Poultry Meat Market All-Up
  • RoW Processed Poultry Meat Market (Option 4: As a part of the free 25% customization)
    • • RoW Processed Poultry Meat Market by Type
      • RoW Processed Poultry Meat Market by Product
      • RoW Processed Poultry Meat Market by End User
      • Brazil Processed Poultry Meat Market All-Up
      • South Africa Processed Poultry Meat Market All-Up
      • Saudi Arabia Processed Poultry Meat Market All-Up
      • UAE Processed Poultry Meat Market All-Up
      • Rest of world (remaining countries of the LAMEA region) Processed Poultry Meat Market All-Up

Global Processed Poultry Meat Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • BRF S.A
  • Hormel Foods Corporation
  • Cherkizovo Group
  • Marfrig Global Foods S.A
  • Nippon Meat Packers, Inc
  • Tyson Foods, Inc
  • Smithfield Foods, Inc.
  • Sanderson Farms Incorporated
  • JBS S.A.
  • Cargill Incorporated