Frozen Meat Market to Grow with a CAGR of 3.6% Globally through 2029
Global Frozen Meat Market continues to evolve, driven by
rising demand for meat and packaged food, longer shelf life and food safety.
According to TechSci Research report, “Global Frozen
Meat Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the Global Frozen Meat Market stood at USD 81.2 Billion
in 2023 and is anticipated to grow with a CAGR of 3.6% in the forecast period,
2025-2029. The global frozen meat market has witnessed substantial growth in recent
years, fueled by a combination of factors that have reshaped consumer
preferences, supply chain dynamics, and industry practices.
A pivotal driver of the global frozen
meat market is the transformation in consumer lifestyles and dietary
preferences. Rapid urbanization and the modernization of societies have led to
busier lifestyles, resulting in an increased demand for convenient and
time-saving food options. Frozen meat products emerge as a practical solution,
offering consumers the flexibility to access a variety of meats without the
need for frequent visits to traditional butcher shops.
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Moreover, changing dietary patterns, marked by a
global focus on protein-rich diets, contribute significantly to the surge in
frozen meat consumption. The freezing process preserves the nutritional value
of meat, making it a convenient and efficient source of high-quality protein
for consumers worldwide. This shift in dietary preferences is not confined to a
specific region, emphasizing the global nature of the frozen meat market. As
consumers continue to prioritize convenience without compromising on nutrition,
the frozen meat market is poised to benefit from this fundamental shift in
lifestyle and dietary choices.
Advancements in cold chain logistics technology play a
critical role in driving the growth of the global frozen meat market.
Maintaining consistent and optimal temperature conditions throughout the supply
chain is imperative to preserving the quality and safety of frozen meat
products. Technological innovations in refrigeration, storage, and
transportation have significantly improved the efficiency and reliability of
the cold chain.
State-of-the-art cold storage facilities equipped with
advanced temperature control systems extend the shelf life of frozen meat,
enabling manufacturers to reach distant markets. Improved transportation
infrastructure, including refrigerated trucks and containers, facilitates the
seamless movement of frozen meat products across borders, reducing the
likelihood of temperature fluctuations during transit.
Increased awareness of food safety and quality among
consumers is another major driver shaping the global frozen meat market. As
consumers become more discerning about the origin and processing of their food,
the frozen meat industry has responded by implementing rigorous quality control
measures.
Frozen meat products undergo thorough testing and
inspection processes to comply with international food safety standards. The
freezing process itself acts as a natural preservation method, inhibiting the
growth of microorganisms and reducing the risk of contamination. This inherent
safety aspect has played a crucial role in shaping consumer perceptions and
fostering trust in frozen meat products.
The globalization of trade and the integration of
supply chains on a global scale are key drivers propelling the growth of the
global frozen meat market. Manufacturers and suppliers now have access to a
broader market, and consumers can enjoy a diverse range of frozen meat products
sourced from different regions.
Furthermore, the globalization of trade fosters
cultural exchange, allowing consumers to experience and enjoy diverse meat
options from around the world. This trend is particularly evident in the
increasing popularity of ethnic and international cuisines, further driving the
demand for a variety of frozen meat products.
The global dairy-free ice cream market is segmented
into type, end user, distribution channel, and region.
Based on type, the market is segmented
by product type into beef, chicken, pork, and others. Among them, frozen beef
is dominating the market due to high consumption and import of frozen beef by
Asian countries and on the global level. The beef segment is anticipated to
emerge as the fastest growing segment over the forecast period, followed by
pork and chicken.
Based on region, Asia Pacific emerged as the leading
regional market and is expected to dominate the market over the forecast period
owing to high consumption in this region. Countries like China and Japan were
the highest importers of frozen meat products. Asia Pacific is expected to
expand at the highest CAGR. Increase in the number of food joints and
restaurants, rising e-commerce, and seasonality in this region are expected to
boost the regional market growth.
Major companies operating in global Frozen Meat market
are:
- Kerry Group Plc.
- Marfrig Group.
- BRF S.A.
- Associated British Foods Plc.
- Tyson Foods
- Pilgrim’s Pride Corporation, Inc.
- Verde Farms, LLC
- Arcadian Organic & Natural Meat Co.
- Green Farms LLC
- Marfrig Group
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“The global frozen meat market is propelled by a
convergence of factors, each contributing to its sustained growth. Changing
consumer lifestyles and dietary patterns, technological advancements in cold
chain logistics, rising awareness of food safety and quality, and the
globalization of trade and supply chain integration collectively form the
driving forces behind the expansion of the global frozen meat market. As these
drivers continue to evolve, the market is poised for further growth, presenting
opportunities for stakeholders across the entire frozen meat supply chain. said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Frozen Meat Market – Global Industry Size, Share,
Trends, Opportunity, and Forecast, Segmented By Type (Beef, Pork, Chicken,
Others), By End User (Food Service, Retail Consumers), By Distribution Channel
(Convenience Stores, Supermarkets/Hypermarkets, Online, Others), By Region, By
Competition, 2019-2029, has evaluated the future growth potential of global Dairy-Free
Ice Cream market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global Dairy-Free Ice Cream
market.
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