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Reduced Fat Meat Market Size, Industry Analysis Report By Type (Beef, Poultry, Seafood), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Food Stores, Convenience Stores, Online Retail) & Region – Forecast

  • PUBLISHED ON
  • 22/12/2022
  • NO OF PAGES
  • CATEGORY
  • Food & Beverages
Reduced Fat Meat Market: Overview

The reduced fat meat market size was valued at US$ 8.6 Bn in 2022 and the total revenue is expected to grow at 3.5% over the forecast period. The food industry has worked to create new meals with advantageous health properties in response to the growing health concerns caused by a high diet of fat. High fat diets have been linked to obesity, heart disease, and cancer. The total fat content of meats can be decreased, which is desirable and practical. Additionally, it lowers the amount of saturated fat and calories. As a result, a novel product with excellent nutritional value and a substitute for conventional meat products is produced.

Reduced Fat Meat Market - Growth Factors
Due to the increased intake of fat, there has been a discernible rise in health problems in recent years. Around the world, several food sectors are making an attempt to create new food products that are beneficial to health. High fat intake is linked to obesity, heart disease, and cancer. Health groups advocate lowering cholesterol and fat intake as a way to manage obesity and lower the prevalence of the cardiovascular disease. Experts advise following diets with fewer than 32% of calories coming from fat. These items are preferred by consumers due to their taste and affordability. Manufacturers are creating extra lean or lean ground products while ensuring that they meet the required palatability requirements set out by the general public on a worldwide scale. Incorporating fat replacers that either alter interactions or take the place of dietary fat in foods is the active method of replacing fat.

Reduced Fat Meat Market – Market Trends
• Customers are becoming more and more aware of the health dangers linked to a high-calorie and high-fat diet.
• Health-conscious customers, especially in developed nations like the United States, are aware of how important it is to follow a low-fat diet in order to prevent excess energy intake from being converted to fat depositions in the body.
• The World Health Organization suggests limiting total fat consumption to less than 32% of total calories and limiting saturated fat consumption to less than 10% of total calories. As a result, there is a growing demand for reduced-fat butter, which will help the market grow throughout the projection period.

Reduced Fat Meat Market – Segmentation

Segmentation of Reduced Fat Meat Industry Research
• By Type :
o Beef
o Poultry
o Seafood
o Others
• By Distribution Channel :
o Supermarkets/Hypermarkets
o Specialty Food Stores
o Convenience Stores
o Online Retail

The Reduced Fat Meat Market –Regional Analysis
The next few years will see substantial growth in Europe. Convenience and the health advantages of reduced-fat meat are factors influencing the expansion of the reduced-fat market in Europe. Because of the improvement in regional sales performance, it is a cleaner alternative to other meat products that have a greater fat content. To boost their sales in the local market, producers are pursuing strategic measures like expanding capacity, product innovation, and mergers and acquisitions. The Asia Pacific reduced-fat meat market is expanding primarily due to rising urbanization and widespread health awareness. The ability to export goods outside of the area is made feasible by the presence of numerous food processing industries.

Major players in the global market include: –
Amy’s Kitchen, The Vegetarian Butcher, Beyond Meat Inc., Taifun-Tofu GmbH, DuPont, Sweet Earth Foods, Gold & Green Foods, and Maple Leaf Foods.

Report scope
Global Reduced Fat Meat Market: Historical Years- 2018-2021
Global Reduced Fat Meat Market: Forecast Years- 2022-2030
Global Reduced Fat Meat Market 2022- US$ 8.6 Bn in 2022
Global Reduced Fat Meat Market CAGR- 3.5 %
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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).

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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

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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.


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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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