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Fengzang Meat Market Size, Industry Analysis Report By type (Chinese lap, western lap), By application (supermarkets and hypermarkets, specialty retailer, online retailer) & Region – Forecasts

  • PUBLISHED ON
  • 15/09/2022
  • NO OF PAGES
  • 263
  • CATEGORY
  • Food & Beverages
Fengzang Meat- Description
Meat that has not undergone any extra preparation prior to sale is typically referred to as fresh meat. Processed meat refers to any meat that has undergone some kind of alteration to improve its flavour or lengthen its shelf life. Consuming processed food causes the body's cholesterol and fat levels to rise, leading the consumer to lead an unhealthy lifestyle. The market for fresh processed meat products is being challenged by rising obesity rates and growing public awareness of the risks of eating processed meals.

Global Fengzang Meat Market- Overview
The Global Fengzang Meat Market is expected to grow at a considerable rate by 2030, with a growing CAGR (compound annual growth rate) of over 2022-2030.
One of the main factors influencing the market expansion is the rising level of health consciousness among the general population and the rising need for protein from animals. The customer desire for food products with high protein value and low fat and calorie content is quickly changing due to changing dietary habits.

Additionally, the market growth is being aided by the increased use of meat in the food business. To offer customers authentic and multi-cuisine foods, meat-based burgers, hotdogs, sausages, fillets, and stews are frequently served at cafés and restaurants.

Additionally, a number of technological developments, including the use of automation and robotics in the processing of meat, are boosting market expansion. These innovations help to reduce cycle times, increase production efficiency, and avoid contamination by automating the butchering, cutting, and monitoring operations.
Accordingly, a number of product innovations, such as the creation of meat free of additives and chemicals, are favourably affecting market expansion. The market is expected to develop as a result of a number of other reasons, such as rising consumer spending power and rising consumption of processed chicken and hog meat.

Global Fengzang Meat Market- Key trends

Increase in the number of women working globally will drive the market expansion

The affordable availability of processed meat is what is driving the market's expansion. An increase in the number of women working globally, particularly in emerging nations, as well as an increase in disposable income are driving market expansion. Government restrictions on the methods of processing meat and the production of these items, as well as rising health worries about the consumption of red meat, are limiting market expansion.

Increased popularity of vegan will aid the market growth

The market's expansion has been impeded by the increased popularity of vegan and vegetarian diets as well as the rising desire for healthier foods. The increasing development and use of cutting-edge meat processing technologies opens up new market prospects. The introduction of less priced and label-friendly processed beef products by industry participants on e-commerce platforms is also opening up attractive market potential.

Global Fengzang Meat Market- Segmental assessment

By type
• Chinese lap
• Western lap
• Others

By application
• Supermarkets and hypermarkets
• Specialty retailer
• Online retailer
• Others

Global Fengzang Meat Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.

Global Fengzang Meat Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are Emperor, Gold word, Xuanwei, Jinhua, Lao Pu Ji, Longevity Group, Xuefang, Dapai Food, Restaurant Group, Tang Ren Shen, Yurun, Harbin, Anfu, Beautiful, Bandung, BRF, Cargill, Foster Farms, Farmland Industries, Hormel Foods, JBS, Karro Food, OSI, Smithfield Foods, Tnnies Lebensmittel, and others.

Report scope
Global Fengzang Meat Market: Historical Years- 2018-2021
Global Fengzang Meat Market: Forecast Years- 2022-2030

Key segments covered-
• By type (Chinese lap, western lap, and others).
• By application (supermarkets and hypermarkets, specialty retailer, online retailer, and others).

Major regions and countries reported-
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)

Top players profiled- Emperor, Gold word, Xuanwei, Jinhua, Lao Pu Ji, Longevity Group, Xuefang, Dapai Food, Restaurant Group, Tang Ren Shen, Yurun, Harbin, Anfu, Beautiful, Bandung, BRF, Cargill, Foster Farms, Farmland Industries, Hormel Foods, JBS, Karro Food, OSI, Smithfield Foods, Tnnies Lebensmittel, and others.

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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