DUBLIN--(BUSINESS WIRE )--The "Global Frozen Meat & Poultry Products Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.
The entire farm-to-table trend has been seemingly upended, anchored in advanced packaging, storage, and shipping across the globe. The convenience of ready-to-eat products when combined with easy availability through online orders is increasing sales in the frozen meat market. Plus, many consumers have come to accept the products as equally nutritional as unfrozen ones. Industry players, in turn, are responding to the interest, and packaging companies have expanded their array of offerings to meet the range of transportation and storage needs of frozen meat.
Another trend that has fueled the popularity of and acceptance of frozen meat is advancements in shipping. Brands in the frozen meat category have been harnessing state-of-the art monitoring systems to ensure freshness. Beef and chicken, in particular, have gathered considerable steam of late, making them lucrative categories for players in the frozen market to capitalize on during the forecast period.
This report provides a detailed insight into the meat and poultry products globally with its historical and forecasted analysis including the top profiled companies in the market. The significant factor driving the demand for the frozen food market is its increased demand in both developed as well as developing countries along with the development of freezing technology. This growing preference will allow the market to pose the expected growth of above 4% by 2027. The demand for convenience food because of a fast-moving lifestyle and a change in spending patterns has led to steady growth in demand for frozen meat consumption.
Increasing fast-food joints and restaurants across the globe, rising demand for freezer meat for their daily operations are expected to impact a huge market expansion of frozen meat market across the globe. For example, KFC (Kentucky fried Chicken) using freezer chicken to make recipes with the same taste across the globe, using meat across the globe is the same meat for their quality and taste purpose. This following trend increases the market growth in the forecast period. Most meat processing enterprises are now using this technology as a standard, such as the EU Poultry Group, allowing them to enhance production levels and grow geographically by shipping products to different areas and nations.
The market is gaining popularity among consumers, especially young professionals, due to the easy-to-use and economical aspect of the product. This scenario awaits potential opportunities for the global market with the introduction of product varieties. In recent years, the steady economic growth associated with the development of the mining industry has resulted in an increasing number of job opportunities, thus improving the average income of consumers.
The COVID-19 pandemic led to a massive burden on food and beverage supply chains worldwide. Consumer consumption habits have shifted due to their perception of the risk associated with COVID-19. Fear of possible food and beverage shortages has fuelled the hoarding trend. Because of the hoarding, demand for frozen meat and poultry food products increased, and the companies could not meet the market demand. The vaccination campaign and lockdown practices to limit the virus's global spread are likely to aid in the growth of the frozen food market in regaining its position in the food and beverage sector.
Major companies present in the market:
Kraft Heinz Company, Ajinomoto Co. Inc, Cargill Incorporation, Nestle S.A., Conagra Brands, Inc, JBS S.A, Nomad foods, Hormel food
For more information about this report visit https://www.researchandmarkets.com/r/hkq9sz
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900