Title: Vijay Kundekar
1Processed Beef Market is Expected to Surpass US
227 Bn by 2029 Future Market Insights (FMI)
Report Id REP-GB-11028 Published On
Feb-2020 Category Food and Beverages
2AboutFuture Market Insights
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3Research Methodology (1/2)
- Systematic Research Approach
In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
PMR formulates a detailed discussion guide to conduct expert and industry interviews
PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts
PMR conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
PMR delivers industry insights and information in the required format (PDF)
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- Key industry experts
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- Market participants
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- Key focus segments
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includes sources of databases
4Processed Beef Market Analysis
- The global processed beef market is projected to
reach a valuation of US 227 Bn in 2029, with an
impressive rate of growth during 2019 - 2029.
According to a new study by Future Market
Insights (FMI), the market for processed beef is
predominantly driven by hectic consumer
lifestyles, and rising consumption of
ready-to-eat products by the millennial
demographic. - "High quality and better shelf-life of processed
beef drives its demand. Besides convenience
preparation and consumption, changing breakfast
habits have enabled the market growth," says the
FMI report. - Key Research Findings of FMI's Processed Beef
Market Study - Households account for a major market share.
- Tech innovations in processed beef operations
marks an important trend, eventually leading to
better quality. - North America will remain the leading regional
market for processed beef. - Economies in Asia Pacific will display a higher
rate of growth. - Expanding health-conscious consumer population is
heavily contributing towards the growth of
organic category.
5Processed Beef Market Analysis
- Key Growth Drivers - Processed Beef Market
- Rapid development of global cold chain
infrastructure is driving up demand of fresh,
chilled, and frozen processed foods, including
processed beef. - Benefits in terms of convenience, quality, and
shelf-life continue to fuel demand for frozen
processed beef products. - Increasing awareness about associated health
benefits continues to be a major growth driver
for market. - Key Impediments - Processed Beef Market
- Low growth rates of beef animals and inconsistent
meat quality are the prominent challenges facing
livestock farmers. - Lack of proper supply chain infrastructure and
poor animal health control continue to result in
a measurable loss. - Price fluctuations, lack of enforcement for meat
grading systems, and inadequate technical
knowledge remain major roadblocks to production.
6Processed Beef Market Analysis
Competition Structure Analysis - Processed Beef
Market Competition landscape of the global
processed beef market will primarily remain
influenced by the rising number of acquisitions
of smaller regional businesses. Leading market
players are adopting acquisition strategies in a
bid to strengthen geographical presence and boost
product portfolios. Major players and new
entrants in the industry are anticipated to
increase their efforts to penetrate fast
developing economies such as China and India in
the near future. Some of the major participants
in the global processed beef market that are
analyzed in this report include, but are not
limited to, SYSCO Corp, JBS SA, Smithfield Foods
Inc., Hormel Food, BRF SA, Harim Co. Ltd., WH
Group, Tyson Foods Inc., Cargill Meat Solution
Corp., and Danish Crown A/S.
Source Link https//www.accesswire.com/576174/Pr
ocessed-Beef-Sales-to-Reach-US-227-Bn-in-2029-Majo
rly-Buoyed-by-Rise-in-Popularity-of-Ready-to-Eat-P
roducts-Future-Market-Insights
7Processed Beef Market Analysis
About the Report The report offers global,
regional, and country level analysis of the
latest industry trends impacting the processed
beef market. The study provides compelling
insights on the processed beef market on basis of
product forms (chilled, frozen, and
shelf-stable), by nature (organic and
conventional), by application (food processor and
manufacturers, HoReCa sector, and household and
residential buyers), by sales channels
(traditional grocery stores, supermarket/hypermark
et, internet retailing, convenience store,
discounters, and others) across 30 countries
spanning seven key regions (North America, Latin
America, Europe, Asia Pacific, Oceania, Middle
East and Africa, and Japan).
- Explore Related Reports of Food and Beverages
comprehensive coverage on - Dairy Alternatives Market
- Fortified Yeast Market
- Beef Fat Market
8Processed Beef Market Analysis
About Future Market Insights (FMI) Future Market
Insights (FMI) is a leading provider of market
intelligence and consulting services, serving
clients in over 150 countries. FMI is
headquartered in London, the global financial
capital, and has delivery centers in the U.S. and
India. FMI's latest market research reports and
industry analysis help businesses navigate
challenges and take critical decisions with
confidence and clarity amidst breakneck
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Market,you can request a report sample with full
TOC at http//www.futuremarketinsights.com/reports
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Thank You
Future Market Insights Global Consulting
Private Limited (FMI)