Processed Meat Market Size – By Type (Hamburgers, Fried Sausages, Kebab and Chicken Nuggets), By Product Type (Chilled, Frozen, Canned, Dried, Cured, Smoked and Ready-to-Eat), By Meat Type (Pork, Beef, Poultry, Lamb, Mixed Meat and Others), By Form (Whole Cuts, Sliced, Ground, and Pieces), By End-user (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores, and Foodservice), & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-11-06
- NO OF PAGES
- 310
- CATEGORY
- Food & Beverages
Market Overview
The Processed Meat market report is predicted to develop at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2034, when global Processed Meat market forecast size is projected to reach USD 687.38 Billion in 2034, based on an average growth pattern. The global Processed Meat market revenue is estimated to reach a value of USD 358.84 Billion in 2024.
SOURCE: We Market Research
The global
processed meat market refers to the segment of the meat industry that deals
with the production, processing, and distribution of meat products that have
been altered through methods such as curing, salting, smoking, fermenting, or
canning. These processes are designed to enhance the shelf life, flavor, and
convenience of meat products. Processed meats include a wide variety of items
such as sausages, hot dogs, bacon, ham, deli meats, frozen meat products, and
ready-to-eat meals.
This market
encompasses both animal-based and plant-based meat alternatives, catering to
consumer preferences for convenience, flavor, and longer shelf life. It spans
multiple distribution channels, including retail outlets (supermarkets,
convenience stores, online), foodservice, and institutional sales. The market
is driven by consumer demand for ready-to-eat or easy-to-prepare food options,
as well as advancements in food preservation and packaging technologies.
Global Processed Meat Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 358.84 Billion |
|
Market
Forecast in 2034 |
USD 687.38 Billion |
|
CAGR % 2024-2034 |
6.4% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Form, By Additive
Type, By Application, By End-user and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global Processed Meat Market Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Processed Meat market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Processed Meat Market Segmentation
Market- By Type Analysis
By type, the Processed Meat market analysis is categories into Hamburgers, Fried Sausages, Kebab and Chicken Nuggets. Hamburgers segment dominates the market with the largest share, accounting for over 48% of the market in 2023. Hamburgers are typically the most dominant processed meat product, primarily due to their popularity across various fast-food chains and retail markets globally. The convenience and familiarity of hamburgers contribute to their substantial share in the market.
The
following segments are part of an in-depth analysis of the global Processed
Meat market:
|
Market Segments |
|
|
By Type |
·
Hamburgers ·
Fried Sausages ·
Kebab ·
Chicken Nuggets |
|
By Product
Type |
·
Chilled ·
Frozen ·
Canned ·
Dried ·
Cured ·
Smoked ·
Ready-to-Eat |
|
By Meat
Type |
·
Pork ·
Beef ·
Poultry ·
Lamb ·
Mixed Meat ·
Others |
|
By Form |
·
Whole Cuts ·
Sliced ·
Ground ·
Pieces |
|
By End-user |
·
Supermarkets/Hypermarkets ·
Convenience Stores ·
Online Retail ·
Specialty Stores ·
Foodservice |
Processed Meat Industry: Regional Analysis
North America Market Forecast
North America holds a major market share in processed meat market, driven largely by the United States, which is a key producer and consumer of processed meats, including products like sausages and deli meats. The region's robust food processing industry and large consumer base support this dominance.
Europe Market Statistics
Europe also
plays a major role, with a strong market growth for processed pork products,
especially in countries like Germany, France, and Spain. The region's
consumption patterns are influenced by various ethnic communities, which favor
pork, and the market for processed meats continues to grow, although there are
fluctuations due to factors like production costs and environmental conditions.
Asia Pacific Market Forecasts
Asia-Pacific is
experiencing rapid growth in processed meat consumption, particularly in
countries like China, Japan, and India. While pork remains the most consumed
type, there is a rising demand for beef and poultry as well. The increasing
urbanization and changing dietary preferences in this region are contributing
to the growth of processed meats, making it one of the fastest-growing markets
globally.
Middle East & Africa Market Statistics
Middle East
& Africa (MEA), while smaller in share, is seeing increasing consumption,
driven by population growth and a growing demand for convenient food options.
Latin America Market Statistics
Latin America
plays a notable role, especially in countries like Brazil and Argentina, which
are significant producers and exporters of processed meats.
Key Market Players
The Global Processed Meat Market is dominated by a few
large companies, such as
·
Tyson Foods Inc.
·
JBS S.A.
·
Nestlé S.A.
·
Hormel Foods Corporation
·
BRF S.A.
·
Seaboard Corporation
·
Maple Leaf Foods Inc.
·
Unilever
·
Dawn Meats
·
Conagra Brands, Inc.
·
Kerry Group plc
·
Industrias Bachoco S.A.B. de C.V.
·
Pilgrim’s Pride Corporation
·
Vion Food Group
·
Foster Farms
·
Dutch Protein & Meat Group (DPMG)
·
Tessara Foods
· Lyncott Ltd.
1.
Global
Processed Meat Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Processed Meat Market
Scope and Market Estimation
1.2.1. Global Processed Meat Overall
Market Size (US$ Bn) and Volume (Tons), Market CAGR (%), Market forecast (2024
- 2034)
1.2.2. Global Processed Meat Market
Revenue Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Form of Global Processed Meat
Market
1.3.2. Additive Type of Global Processed
Meat Market
1.3.3. Application of Global Processed
Meat Market
1.3.4. End-user of Global Processed
Meat Market
1.3.5. Region of Global Processed Meat
Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Limitations
2.5.3. Opportunities
2.5.4. Impact Analysis of Drivers and
Restraints
2.6. Key Developments
2.7. Porter’s Five Forces Analysis
2.7.1. Bargaining Power of Suppliers
2.7.2. Bargaining Power of Buyers
2.7.3. Threat of Substitutes
2.7.4. Threat of New Entrants
2.7.5. Competitive Rivalry
2.8. PEST Analysis
2.8.1. Political Factors
2.8.2. Economic Factors
2.8.3. Social Factors
2.8.4. Technology Factors
2.9. Key Regulation
3.
Global Processed Meat Market Estimates & Historical Trend Analysis (2019 - 2023)
4. Global
Processed Meat Market Estimates &
Forecast Trend Analysis, by Form
4.1. Global Processed Meat Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecast, by Form, 2019 - 2034
4.1.1. Property Modifiers
4.1.2. Property Extenders
4.1.3. Property Stabilizers
4.1.4. Processing Aids
5. Global
Processed Meat Market Estimates &
Forecast Trend Analysis, by Additive Type
5.1. Global Processed Meat Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Additive Type, 2019
- 2034
5.1.1. Natural Additives
5.1.1.1.
Starch-based
Additives
5.1.1.2.
Lignin-based
Additives
5.1.1.3.
Cellulose-based
Additives
5.1.2. Synthetic Additives
5.1.2.1.
Polycaprolactone
(PCL)
5.1.2.2.
Polylactic
Acid (PLA)
5.1.2.3.
Polyhydroxyalkanoates
(PHA)
5.1.2.4.
Others
5.1.3. Functional Additives
5.1.3.1.
Antioxidants
5.1.3.2.
UV
Stabilizers
5.1.3.3.
Plasticizers
5.1.3.4.
Fillers
6.
Global Processed Meat Market Estimates & Forecast Trend Analysis, by
Application
6.1. Global Processed Meat Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Application, 2019
- 2034
6.1.1. Plasticizers
6.1.2. Flame Retardants
6.1.3. Impact Modifiers
6.1.4. Antioxidants
6.1.5. Antimicrobials
6.1.6. UV Stabilizers
6.1.7. Others
7. Global
Processed Meat Market Estimates &
Forecast Trend Analysis, by End-user
7.1. Global Processed Meat Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by End-user, 2019 -
2034
7.1.1. Food and Beverage
7.1.2. Consumer Products
7.1.3. Agriculture
7.1.4. Healthcare
7.1.5. Automotive
7.1.6. Textile and Apparel
7.1.7. Electronics
7.1.8. Others
8.
Global Processed Meat Market Estimates & Forecast Trend Analysis,
by Region
8.1. Global Processed Meat Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Region, 2019 -
2034
8.1.1. North America
8.1.2. Eastern Europe
8.1.3. Western Europe
8.1.4. Asia Pacific
8.1.5. Middle East & Africa
8.1.6. Latin America
9.
North
America Processed Meat Market: Estimates & Forecast Trend Analysis
9.1.
North
America Processed Meat Market Assessments & Key Findings
9.1.1. North America Processed Meat
Market Introduction
9.1.2. North America Processed Meat
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
9.1.2.1. By Form
9.1.2.2. By Additive Type
9.1.2.3. By Application
9.1.2.4. By End-user
9.1.2.5. By Country
9.1.2.5.1. The U.S.
9.1.2.5.2. Canada
9.1.2.5.3. Mexico
10. Western Europe Processed
Meat Market: Estimates & Forecast
Trend Analysis
10.1. Western Europe Processed Meat
Market Assessments & Key Findings
10.1.1. Western Europe Processed Meat
Market Introduction
10.1.2. Western Europe Processed Meat
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
10.1.2.1. By Form
10.1.2.2. By Additive Type
10.1.2.3. By Application
10.1.2.4. By End-user
10.1.2.5. By Country
10.1.2.5.1.
Germany
10.1.2.5.2.
Italy
10.1.2.5.3.
U.K.
10.1.2.5.4.
France
10.1.2.5.5.
Spain
10.1.2.5.6.
Benelux
10.1.2.5.7.
Nordics
10.1.2.5.8. Rest
of W. Europe
11. Eastern Europe Processed
Meat Market: Estimates & Forecast
Trend Analysis
11.1. Eastern Europe Processed Meat
Market Assessments & Key Findings
11.1.1. Eastern Europe Processed Meat
Market Introduction
11.1.2. Eastern Europe Processed Meat
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
11.1.2.1. By Form
11.1.2.2. By Additive Type
11.1.2.3. By Application
11.1.2.4. By End-user
11.1.2.5. By Country
11.1.2.5.1.
Russia
11.1.2.5.2.
Hungary
11.1.2.5.3.
Poland
11.1.2.5.4.
Balkan & Baltics
11.1.2.5.5. Rest of E. Europe
12. Asia Pacific Processed
Meat Market: Estimates & Forecast
Trend Analysis
12.1. Asia Pacific Market Assessments
& Key Findings
12.1.1. Asia Pacific Processed Meat
Market Introduction
12.1.2. Asia Pacific Processed Meat
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
12.1.2.1. By Form
12.1.2.2. By Additive Type
12.1.2.3. By Application
12.1.2.4. By End-user
12.1.2.5. By Country
12.1.2.5.1. China
12.1.2.5.2. Japan
12.1.2.5.3. India
12.1.2.5.4. Australia & New Zealand
12.1.2.5.5. South Korea
12.1.2.5.6. ASEAN
12.1.2.5.7. Rest of Asia Pacific
13. Middle East & Africa Processed
Meat Market: Estimates & Forecast
Trend Analysis
13.1. Middle East & Africa Market
Assessments & Key Findings
13.1.1. Middle
East & Africa Processed
Meat Market Introduction
13.1.2. Middle
East & Africa Processed
Meat Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
13.1.2.1. By Form
13.1.2.2. By Additive Type
13.1.2.3. By Application
13.1.2.4. By End-user
13.1.2.5. By Country
13.1.2.5.1. UAE
13.1.2.5.2. Saudi
Arabia
13.1.2.5.3. Turkey
13.1.2.5.4. South
Africa
13.1.2.5.5. Rest of
MEA
14. Latin America
Processed Meat Market: Estimates &
Forecast Trend Analysis
14.1. Latin America Market Assessments
& Key Findings
14.1.1. Latin America Processed Meat
Market Introduction
14.1.2. Latin America Processed Meat
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
14.1.2.1. By Form
14.1.2.2. By Additive Type
14.1.2.3. By Application
14.1.2.4. By End-user
14.1.2.5. By Country
14.1.2.5.1. Brazil
14.1.2.5.2. Argentina
14.1.2.5.3. Colombia
14.1.2.5.4. Rest of
LATAM
15. Country Wise Market:
Introduction
16. Competition Landscape
16.1. Global Processed Meat Market Product
Mapping
16.2. Global Processed Meat Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
16.3. Global Processed Meat Market Tier
Structure Analysis
16.4. Global Processed Meat Market
Concentration & Company Market Shares (%) Analysis, 2023
17. Company Profiles
17.1. BASF SE
17.1.1. Company Overview & Key Stats
17.1.2. Financial Performance & KPIs
17.1.3. Product Portfolio
17.1.4. SWOT Analysis
17.1.5. Business Strategy & Recent
Developments
Similar details would be provided
for all the players mentioned below
17.2. Clariant AG
17.3. Dow Inc.
17.4. EPI
Environmental Technologies Inc.
17.5. NatureWorks
LLC
17.6. Novamont
S.p.A.
17.7. Wells Plastics
Ltd.
17.8. BioBag
International AS
17.9. Green Dot
Bioplastics, Inc.
17.10. Meredian
Holdings Group, Inc.
17.11. Total Corbion
PLA
17.12. Kraton
Corporation
17.13. Earthfirst
Films, LLC
17.14. Polyone
Corporation
17.15. Futerro S.A.
17.16. Others
18. Research
Methodology
18.1. External Transportations /
Databases
18.2. Internal Proprietary Database
18.3. Primary Research
18.4. Secondary Research
18.5. Assumptions
18.6. Limitations
18.7. Report FAQs
19. Research
Findings & Conclusion
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Frequently Asked Questions
What is the market size of Processed Meat Market in 2024?
Processed Meat Market was valued at USD 358.84 Billion in 2024.
What is the growth rate for the Processed Meat Market?
Processed Meat Market size will increase at approximate CAGR of 6.4% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Tyson Foods Inc., JBS S.A., Nestlé S.A., Hormel Foods Corporation, BRF S.A., Seaboard Corporation, Maple Leaf Foods Inc., Unilever, Dawn Meats and others.
Which region dominates the Processed Meat Market?
North America dominates the market with an active share of 37%.
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