Global Frozen Meat Market to Reach USD 86.58 Billion with 4.36% CAGR Forecast to 2023

New York, NY — 01/15/2018 — Summary adds “Frozen Meat Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.

This report provides in depth study of “Frozen Meat Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Frozen Meat Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

The Global frozen meat market has witnessed continued demand during the last few years and is projected to reach USD 86.58 billion at a CAGR of 4.36% by 2023 in terms of value. Frozen meat market has witnessed substantial innovation in terms of new product launches along with research & development and collaboration. Also, the overall disposable income of the consumer is increasing over the past few years which in turn leads to surge in sales of frozen meat during the forecast period of 2017-2023.

Increasing demand of convenience food coupled with strong performance of retail sector is one of the significant factor which is positively influencing the sales of frozen meat in the upcoming decade. The upcoming trend of food traceability and rising demand of convenience food products especially in developing markets across the Asian countries such as India and China. Also, the strong performance of retail sector along with rapid increase in number of large retail chains including hypermarkets and supermarkets has boosted the demand of frozen food in the developing Asian countries. Emerging countries such as India, China, Brazil, Argentina, and Malaysia among others are the potential markets for frozen meat products, as consumers in these markets are demanding for readily available and new varieties of food products.
Due to technology upgradation over the decades, efficiency in production in terms of cost & longer shelf life, along with developed food service sector, frozen food has gained traction in the developing economies. Huge investments in R&D, new product development by market players, lower trade barriers, and cold chain sectors invest in developing countries has created lucrative opportunities for the growth of frozen food market across the globe. The frozen meat manufacturing companies can penetrate their business into the developing economies like India, China, ASEAN countries, Brazil and other developing economies which provide lucrative opportunity for key international players. Global frozen meat Market is undergoing a massive technological advancement over the past few years.
Key Players
The leading market players in the global frozen meat market primarily are Marfrig Group. (Brazil)
Kerry Group Plc. (Ireland)
BRF S.A. (Brazil)
Associated British Foods Plc. (U.K.)
Pilgrim's Pride Corporation (U.S.)
Tyson Foods, Inc. (U.S.)
Cargill Incorporated (U.S.)

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Study Objectives of frozen meat Market Forecast to 2023
– Detailed analysis for individual micro and macro markets for frozen meat
– To estimate market size by Product Type, End user, Distribution Channel and Region
– To understand the supply and demand dynamics of frozen meat
– Company profiling of major players & competitive positioning for the frozen meat market
– Value chain analysis and supply chain analysis of frozen meat
– Analysis of historical market trends, and technologies, and current government regulatory requirements related to frozen meat market

Target Audience
– Frozen meat manufacturers
– Food Service industries
– Retailers and wholesalers
– Traders, importers and exporters

Key Findings
– The Global frozen meat market is projected to reach USD 86.58 billion by the end of 2023
– Frozen processed meat product type is estimated to retain its dominance throughout the forecast period and expected to reach USD 46.74 billion with registering a CAGR of 4.44%
– Food service end user is estimated to witness a massive growth of 4.70% during the review period of 2017-2023.
– Store- based distribution channel will dominate the frozen meat market holding a lion's market proportion 61% in the year of 2017 and growing at a rate of 4.46%

Regional and Country Analysis of frozen meat market development and demand Forecast to 2023 Market
As per the MRFR analysis, the global market for frozen meat has witnessed continued demand during the last few years and is projected to reach USD 86.58 billion by 2023, at a CAGR of 4.36% during the forecasted period. Europe is estimated to dominate the global frozen meat market holding a lion's share of more than 35% and projected to reach USD 31.47 billion by the end of 2023. Asia Pacific will witness the highest growth rate of 4.87% in the global frozen meat market whereas North America will witness moderate growth rate.
The reports also cover country level analysis:
– North America
o US
o Canada
o Mexico

o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
Asia – Pacific
o China
o India
o Japan
o Australia & New Zealand
o Indonesia
o Others
o Latin America
o Middle East
o Africa
o Others
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1 Executive Summary 13
2 Introduction 15
2.1 Definition 15
2.1.1 Frozen Meat 15
2.2 Scope of the Study 16
2.2.1 Research Methodology 16
2.3 Assumptions 16
2.4 Limitations 16
2.4.1 Market Structure 16

3 Research Methodology 18
    3.1 Research Process 18
3.2 Primary Research 20
3.3 Secondary Research 21
3.4 Forecast Model 22 

16 Company Profile 121
16.1 Marfrig Group 121
      16.1.1 Overview 121
16.1.2 Company Snapshot 121
16.1.3 Business Strategies 121
16.1.4 Key Developments 121
    16.2 Kerry Group Plc 123
      16.2.1 Overview 123
16.2.2 Company Snapshot 123
16.2.3 Business Strategies 124
16.2.4 Key Developments 124
16.2.5 SWOT Analysis 125
    16.3 BRF S.A. 126
      16.3.1 Overview 126
16.3.2 Company Snapshot 126
16.3.3 Business Strategies 126
16.3.4 Key Developments 127
16.3.5 SWOT Analysis 128
    16.4 Associated British Foods Plc 129
      16.4.1 Overview 129
16.4.2 Company Snapshot 129
16.4.3 Business Strategies 129
16.4.4 Key Developments 130
16.4.5 SWOT Analysis 130
    16.5 Pilgrim's Pride Corporation 131
      16.5.1 Overview 131
16.5.2 Company Snapshot 131
16.5.3 Business Strategies 131
16.5.4 Key Developments 132
    16.6 Tyson Foods, Inc. 133
      16.6.1 Overview 133
16.6.2 Company Snapshot 133
16.6.3 Business Strategies 133
16.6.4 Key Developments 134
    16.7 Cargill Incorporated 135
      16.7.1 Overview 135
16.7.2 Company Snapshot 135
16.7.3 Business Strategies 136
16.7.4 Key Developments 136

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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