Meat Products Manufacturing Market Characteristics
The meat products manufacturing market consists of sales of meat products by entities (organizations, sole traders and partnerships) that produce and process pork, chicken, beef, sheep and goats, birds, and other animals. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.
Competitive Landscape of the Meat Products Manufacturing Market
Major players in the global meat products manufacturing market include Affco Holdings Limited, Andelsselskabet Tican A.M.B.A, Arcadie Sud Ouest, Arrow Group Limited, Doux S.A.
Meat Products Manufacturing Market Size
The meat products manufacturing market size is expected to reach a higher value by 2022, significantly growing at a steady CAGR during the forecast period. The growth in the meat products manufacturing market is due to emerging markets growth, increase in disposable income and improved earning capacity.
However, the market for meat products manufacturing is expected to face certain restraints from several factors such as health scares, tax increases, talent crunch and changing consumer preferences.
Meat Products Manufacturing Market Segmentation
The global meat products manufacturing market is further segmented based on type and geography.
By Type - The meat products manufacturing market is segmented into pork, mutton, processed beef, others - meat products.
By Geography - The global meat products manufacturing is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-pacific meat products manufacturing market accounts the largest share in the global meat products manufacturing market.
Trends in the Meat Products Manufacturing Market
Meat processors are using advanced x-ray technologies such as dual energy x-ray absorptiometry (DEXA) to measure chemical lean or fat content in meat. DEXA uses two specific x-ray energies (high and low) to measure the amount of x-rays absorbed by meat as it passes through the system, as the major trends witnessed in the global meat products manufacturing market.
Potential Opportunities in the Meat Products Manufacturing Market
With busy lifestyle, influence of social media on the market, impact of new cuisines on the market, low cost foods, the scope and potential for the global meat products manufacturing market is expected to significantly rise in the forecast period.