The meat, poultry and seafood industry includes establishments involved in animal slaughtering and processing, poultry processing and seafood product preparation and packaging.
The top five companies covered are JBS S.A., Tyson Foods, Inc., WH Group Limited, NH Foods and Danish Crown A/S. JBS S.A. was the largest company in the meat, poultry and seafood market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Meat, Poultry and Seafood Global Market Size
The global meat, poultry and seafood market was valued at around $127 billion in 2017. Asia Pacific was the largest region in the meat, poultry and seafood market in 2017, accounting for above 31% market share. The USA was the largest country in the market in 2017, accounting for under 19% market share.
Meat, Poultry and Seafood Global Market Trend
Meat processing companies are adopting robotics and automation technology to maximize production efficiency. Robotic systems automate deboning, cutting, butchering, and monitoring processes in meat production. This decreases cycle times and increases throughput. Automation enables meat processing companies to improve plant conditions, reduce contamination, and makes meat processing safer for workers as well as consumers. Robots can help manufacturers in transferring a wide range of meat and sausages from conveyor belts to trays at a rate of up to 240 cycles per minute. Plants with fixed automation systems increase yields by at least 2-3% over workers.
Meat, Poultry and Seafood Global Market Segmentation
The meat, poultry and seafood market is segmented into Meat, Seafood and Poultry.
Meat segment includes establishments involved in slaughtering animals (except poultry), preparing processed meats and meat byproducts, rendering or refining animal fat, bones and meat scraps and assembly cutting and packing of meats from purchased carcasses.
Seafood segment comprises companies involved in canning seafood, smoking salting and drying seafood, eviscerating fresh fish, shucking and packing fresh shellfish, processing marine fats and oils and freezing seafood. Establishments known as floating factory ships that are involved in gathering and processing of seafood into canned seafood products are also included.
Poultry segment includes establishments involved in slaughtering poultry and preparing processed poultry and meat byproducts. Poultry includes chickens, ducks, geese, rabbits, small game and turkey.