Global Frozen Meat & Poultry Industry
The flexibility of frozen food is the major parameter which is estimated to lead the frozen food market development over the forecast period. Hectic lifestyle results in unhealthy eating habits, customers regard junk food products as basic meal and they may buy a bulk to store in the home. Also, children, preference is also a factor leading to the need for frozen food, particularly for frozen meat and poultry, which can be allured by children and teenagers.
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Seafood came up as the biggest product segment in 2016. Seafood need in Central and South America is estimated to develop at a CAGR of 6.4% in terms of revenue collection over the estimated forecast period. Poultry is estimated to have a market share of about 17.4% of the total collection in Europe in 2025. Poultry is also estimated to come up as the fastest evolving segment in Europe.
Meat products stated for a share of around 42% of the total volume production in North America in 2016. Growing demand for meat and meat products doubled with growing consumer awareness is estimated to increase meat requirements over the coming eight years.
Seafood requirements in North America were around 9.0 million tons in 2016. The evolving demand of sardines, salmon and shrimp have resulted in the seafood market development over the past few years. The evolving health consciousness in the direction of organic foods that are natural and do not have any chemical preservatives have an outcome in the addition in the entire organic meat intake.
Market News-
Poultry is estimated to come up as the fastest-growing product arena in terms of volume in the U.S. stating to the growing usage, compared to other meat and seafood products. In June 2017, consumer survey started by the National Chicken Council stated that about 84% of consumers have consumed chicken bought from a supermarket within the previous two weeks, and 67% have used chicken at a food service accomplishment. India is estimated to eye basic increment in poultry and seafood usage. While, meat is estimated to lose its market share as beef products are quite limited costly, comparatively to seafood and poultry chicken.
Global Frozen Meat & Poultry Market- Segmental Analysis.
On the basis of product, this report states the production, revenue collection, market share and investments and development rate of each kind, majorly segments into Frozen Chicken, Frozen Pork, Frozen Beef and Frozen Lamb.
On the basis of the end-users or applications, this report eyes on the status and presentation for big applications or end-users, usage, market investments and development rate for each application, involving Foodservice, Retail & Grocery Store Chains and Restaurants.
Global Frozen Meat & Poultry Market- Regional Analysis.
Global Frozen Meat & Poultry Market covers major countries like North American countries like the United States, Canada and Mexico.
Asia-Pacific involving China, India, Japan, South Korea and Australia, European countries like Germany, France and the UK.
Central & South American countries like Brazil and Argentina. The Middle East & African countries like Saudi Arabia and Turkey.
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