+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Processed Poultry Meat Market By Product Type, By Preservation Type, By End User: Global Opportunity Analysis and Industry Forecast, 2020-2031

  • PDF Icon

    Report

  • 215 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640502
The global processed poultry meat market size was valued at $252.4 billion in 2020, and is estimated to reach $592.7 billion by 2031, registering a CAGR of 7.4% from 2022 to 2031. The production and consumption of meat has considerably increased worldwide over the years. Poultry meat has a higher demand among consumers, as it is less expensive as compared with other meat. Processed poultry meat is derived from the processing and treatment of poultry meat to prolong its shelf life and to enhance its taste. These processes include use of chemical preservatives such as sodium nitrite. Processed poultry has gained higher acceptance over the other meat, such as pork and beef, owing to high protein content and affordable price. Increased intake of poultry meat due its high protein content amongst health conscious individuals is a key factor boosting the growth of the processed poultry meat market.

Increasing demand for processed and convenience foods has significantly supplemented the growth of the processed poultry meat market. Increasing number of unorganized players and rising risk of avian diseases in poultry birds restrict the market growth. Growth in the organized retail sectors, favorable government initiatives in the emerging economies and proliferation of processed poultry meat among other consumer segments are the major factors, which would offer lucrative opportunities to the market players.

Domestic meat producer provides fresh poultry meat products at affordable price in the market. Presence of domestic meat producer restricts the market growth owing to the price differentiation factor. Furthermore, outbreaks of avian diseases such as Avian Influenza, salmonella enteric, campylobacter jejuni and others are likely to impose a potential threat to the consumer, which in turn limits the growth of the market.

Outbreak of COVID-19, was negatively impacted the growth of the market owing to supply chain disruption, low production, and stagnant export & import activities. Furthermore, During COVID-19 people were more inclined towards consumption of the non-animal high nutritional food, which harshly impacted overall demand for processed poultry meat.

According to the processed poultry meat market analysis, the processed poultry meat market segmented into product type, preservation type, and end user and region. On the basis of product type, the market is categorized into chicken, turkey, duck and others. By preservation type, it is bifurcated into cured and uncured. By end user, it is bifurcated into retail and foodservice. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of the Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of the Asia-Pacific) and LAMEA (Brazil, Argentina, South Africa and Rest of LAMEA).

North America is the leading region in the global processed poultry meat market with largest market share and highest CAGR during the forecast period. Increasing demands of processed animal protein and convenience foods majorly supplement the growth of the processed poultry meat market in North America. Owing to increased health awareness, consumers in the region are consuming less red meat, getting more inclined towards consumption of poultry meat.

The players operating in the global processed poultry meat industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include BRF S.A., Cargill Incorporated, Cherkizovo Group, Golden Valley Natural LLC., Hormel Foods Corporation, JBS S.A., Marfrig Global Foods S.A, NH Foods Ltd., Tyson Foods, Inc. and WH Group Limited.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the global processed poultry meat market with current trends and future estimations to elucidate the imminent investment pockets in the market.
  • The report provides information regarding drivers, restraints, and opportunities with impact analysis.
  • A quantitative analysis from 2020 to 2031 is provided to showcase the financial competency of the market.
  • Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
  • Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
  • Competitive intelligence highlights business practices followed by leading market players across various regions.

    Key Market Segments


By Product Type

  • Others
  • Chicken
  • Turkey
  • Duck

By Preservation Type

  • Cured
  • Uncured

By End User

  • Retail
  • Food Service

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Argentina
  • South Africa
  • Rest of LAMEA

Key Market Players

  • BRF SA
  • Cargill Incorporated
  • Cherkizovo Group
  • Golden Valley Natural LLC
  • Hormel Foods Corporation
  • JBS SA
  • Marfrig Global Foods SA
  • NH Foods Ltd
  • Tyson Foods Inc
  • WH Group Limited

 

Please note:

  • Online Access price format is valid for 60 days access. Printing is not enabled.
  • PDF Single and Enterprise price formats enable printing.

 

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: PROCESSED POULTRY MEAT MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Chicken
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Turkey
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Duck
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: PROCESSED POULTRY MEAT MARKET, BY PRESERVATION TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Cured
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Uncured
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: PROCESSED POULTRY MEAT MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Retail
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Food Service
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: PROCESSED POULTRY MEAT MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Product Type
7.2.3 North America Market size and forecast, by Preservation Type
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Product Type
7.2.5.1.2 Market size and forecast, by Preservation Type
7.2.5.1.3 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Product Type
7.2.5.2.2 Market size and forecast, by Preservation Type
7.2.5.2.3 Market size and forecast, by End User
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Product Type
7.2.5.3.2 Market size and forecast, by Preservation Type
7.2.5.3.3 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Product Type
7.3.3 Europe Market size and forecast, by Preservation Type
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 U.K.
7.3.5.1.1 Market size and forecast, by Product Type
7.3.5.1.2 Market size and forecast, by Preservation Type
7.3.5.1.3 Market size and forecast, by End User
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Product Type
7.3.5.2.2 Market size and forecast, by Preservation Type
7.3.5.2.3 Market size and forecast, by End User
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Product Type
7.3.5.3.2 Market size and forecast, by Preservation Type
7.3.5.3.3 Market size and forecast, by End User
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Product Type
7.3.5.4.2 Market size and forecast, by Preservation Type
7.3.5.4.3 Market size and forecast, by End User
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Product Type
7.3.5.5.2 Market size and forecast, by Preservation Type
7.3.5.5.3 Market size and forecast, by End User
7.3.5.6 Russia
7.3.5.6.1 Market size and forecast, by Product Type
7.3.5.6.2 Market size and forecast, by Preservation Type
7.3.5.6.3 Market size and forecast, by End User
7.3.5.7 Rest of Europe
7.3.5.7.1 Market size and forecast, by Product Type
7.3.5.7.2 Market size and forecast, by Preservation Type
7.3.5.7.3 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Product Type
7.4.3 Asia-Pacific Market size and forecast, by Preservation Type
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Product Type
7.4.5.1.2 Market size and forecast, by Preservation Type
7.4.5.1.3 Market size and forecast, by End User
7.4.5.2 India
7.4.5.2.1 Market size and forecast, by Product Type
7.4.5.2.2 Market size and forecast, by Preservation Type
7.4.5.2.3 Market size and forecast, by End User
7.4.5.3 Japan
7.4.5.3.1 Market size and forecast, by Product Type
7.4.5.3.2 Market size and forecast, by Preservation Type
7.4.5.3.3 Market size and forecast, by End User
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Product Type
7.4.5.4.2 Market size and forecast, by Preservation Type
7.4.5.4.3 Market size and forecast, by End User
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Product Type
7.4.5.5.2 Market size and forecast, by Preservation Type
7.4.5.5.3 Market size and forecast, by End User
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Product Type
7.4.5.6.2 Market size and forecast, by Preservation Type
7.4.5.6.3 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Product Type
7.5.3 LAMEA Market size and forecast, by Preservation Type
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Product Type
7.5.5.1.2 Market size and forecast, by Preservation Type
7.5.5.1.3 Market size and forecast, by End User
7.5.5.2 Argentina
7.5.5.2.1 Market size and forecast, by Product Type
7.5.5.2.2 Market size and forecast, by Preservation Type
7.5.5.2.3 Market size and forecast, by End User
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Product Type
7.5.5.3.2 Market size and forecast, by Preservation Type
7.5.5.3.3 Market size and forecast, by End User
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Product Type
7.5.5.4.2 Market size and forecast, by Preservation Type
7.5.5.4.3 Market size and forecast, by End User
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 BRF SA
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Cargill Incorporated
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Cherkizovo Group
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Golden Valley Natural LLC
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Hormel Foods Corporation
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 JBS SA
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Marfrig Global Foods SA
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 NH Foods Ltd
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Tyson Foods Inc
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 WH Group Limited
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Processed Poultry Meat Market, by Product Type, 2020-2031, ($Billion)
Table 2. Processed Poultry Meat Market Revenue, for Chicken, by Region, 2020-2031, ($Billion)
Table 3. Processed Poultry Meat Market Chicken by Country, 2020-2031, ($Billion)
Table 4. Processed Poultry Meat Market Revenue, for Turkey, by Region, 2020-2031, ($Billion)
Table 5. Processed Poultry Meat Market Turkey by Country, 2020-2031, ($Billion)
Table 6. Processed Poultry Meat Market Revenue, for Duck, by Region, 2020-2031, ($Billion)
Table 7. Processed Poultry Meat Market Duck by Country, 2020-2031, ($Billion)
Table 8. Processed Poultry Meat Market Revenue, for Others, by Region, 2020-2031, ($Billion)
Table 9. Processed Poultry Meat Market Others by Country, 2020-2031, ($Billion)
Table 10. Global Processed Poultry Meat Market, by Preservation Type, 2020-2031, ($Billion)
Table 11. Processed Poultry Meat Market Revenue, for Cured, by Region, 2020-2031, ($Billion)
Table 12. Processed Poultry Meat Market Cured by Country, 2020-2031, ($Billion)
Table 13. Processed Poultry Meat Market Revenue, for Uncured, by Region, 2020-2031, ($Billion)
Table 14. Processed Poultry Meat Market Uncured by Country, 2020-2031, ($Billion)
Table 15. Global Processed Poultry Meat Market, by End-user, 2020-2031, ($Billion)
Table 16. Processed Poultry Meat Market Revenue, for Retail, by Region, 2020-2031, ($Billion)
Table 17. Processed Poultry Meat Market Retail by Country, 2020-2031, ($Billion)
Table 18. Processed Poultry Meat Market Revenue, for Food Service, by Region, 2020-2031, ($Billion)
Table 19. Processed Poultry Meat Market Food Service by Country, 2020-2031, ($Billion)
Table 20. Processed Poultry Meat Market, by Region, 2020-2031, ($Billion)
Table 21. North America Processed Poultry Meat Market, by Product Type, 2020-2031, ($Billion)
Table 22. North America Processed Poultry Meat Market, by Preservation Type, 2020-2031, ($Billion)
Table 23. North America Processed Poultry Meat Market, by End-user, 2020-2031, ($Billion)
Table 24. North America Processed Poultry Meat Market, by Country, 2020-2031, ($Billion)
Table 25. U.S. Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 26. U.S. Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 27. U.S. Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 28. Canada Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 29. Canada Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 30. Canada Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 31. Mexico Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 32. Mexico Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 33. Mexico Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 34. Europe Processed Poultry Meat Market, by Product Type, 2020-2031, ($Billion)
Table 35. Europe Processed Poultry Meat Market, by Preservation Type, 2020-2031, ($Billion)
Table 36. Europe Processed Poultry Meat Market, by End-user, 2020-2031, ($Billion)
Table 37. Europe Processed Poultry Meat Market, by Country, 2020-2031, ($Billion)
Table 38. U.K. Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 39. U.K. Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 40. U.K. Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 41. Germany Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 42. Germany Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 43. Germany Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 44. France Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 45. France Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 46. France Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 47. Italy Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 48. Italy Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 49. Italy Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 50. Spain Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 51. Spain Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 52. Spain Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 53. Russia Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 54. Russia Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 55. Russia Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 56. Rest of Europe Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 57. Rest of Europe Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 58. Rest of Europe Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 59. Asia-Pacific Processed Poultry Meat Market, by Product Type, 2020-2031, ($Billion)
Table 60. Asia-Pacific Processed Poultry Meat Market, by Preservation Type, 2020-2031, ($Billion)
Table 61. Asia-Pacific Processed Poultry Meat Market, by End-user, 2020-2031, ($Billion)
Table 62. Asia-Pacific Processed Poultry Meat Market, by Country, 2020-2031, ($Billion)
Table 63. China Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 64. China Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 65. China Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 66. India Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 67. India Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 68. India Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 69. Japan Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 70. Japan Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 71. Japan Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 72. South Korea Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 73. South Korea Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 74. South Korea Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 75. Australia Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 76. Australia Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 77. Australia Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 78. Rest of Asia-Pacific Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 79. Rest of Asia-Pacific Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 80. Rest of Asia-Pacific Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 81. LAMEA Processed Poultry Meat Market, by Product Type, 2020-2031, ($Billion)
Table 82. LAMEA Processed Poultry Meat Market, by Preservation Type, 2020-2031, ($Billion)
Table 83. LAMEA Processed Poultry Meat Market, by End-user, 2020-2031, ($Billion)
Table 84. LAMEA Processed Poultry Meat Market, by Country, 2020-2031, ($Billion)
Table 85. Brazil Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 86. Brazil Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 87. Brazil Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 88. Argentina Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 89. Argentina Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 90. Argentina Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 91. South Africa Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 92. South Africa Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 93. South Africa Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 94. Rest of LAMEA Processed Poultry Meat Market by Product Type 2020-2031, ($Billion)
Table 95. Rest of LAMEA Processed Poultry Meat Market by Preservation Type 2020-2031, ($Billion)
Table 96. Rest of LAMEA Processed Poultry Meat Market by End-user 2020-2031, ($Billion)
Table 97. Brf Sa: Company Snapshot
Table 98. Brf Sa: Operating Segments
Table 99. Brf Sa: Product Portfolio
Table 100. Brf Sa: Net Sales
Table 101. Brf Sa: Key Stratergies
Table 102. Cargill Incorporated: Company Snapshot
Table 103. Cargill Incorporated: Operating Segments
Table 104. Cargill Incorporated: Product Portfolio
Table 105. Cargill Incorporated: Net Sales
Table 106. Cargill Incorporated: Key Stratergies
Table 107. Cherkizovo Group: Company Snapshot
Table 108. Cherkizovo Group: Operating Segments
Table 109. Cherkizovo Group: Product Portfolio
Table 110. Cherkizovo Group: Net Sales
Table 111. Cherkizovo Group: Key Stratergies
Table 112. Golden Valley Natural LLC: Company Snapshot
Table 113. Golden Valley Natural LLC: Operating Segments
Table 114. Golden Valley Natural LLC: Product Portfolio
Table 115. Golden Valley Natural LLC: Net Sales
Table 116. Golden Valley Natural LLC: Key Stratergies
Table 117. Hormel Foods Corporation: Company Snapshot
Table 118. Hormel Foods Corporation: Operating Segments
Table 119. Hormel Foods Corporation: Product Portfolio
Table 120. Hormel Foods Corporation: Net Sales
Table 121. Hormel Foods Corporation: Key Stratergies
Table 122. Jbs Sa: Company Snapshot
Table 123. Jbs Sa: Operating Segments
Table 124. Jbs Sa: Product Portfolio
Table 125. Jbs Sa: Net Sales
Table 126. Jbs Sa: Key Stratergies
Table 127. Marfrig Global Foods Sa: Company Snapshot
Table 128. Marfrig Global Foods Sa: Operating Segments
Table 129. Marfrig Global Foods Sa: Product Portfolio
Table 130. Marfrig Global Foods Sa: Net Sales
Table 131. Marfrig Global Foods Sa: Key Stratergies
Table 132. Nh Foods Ltd: Company Snapshot
Table 133. Nh Foods Ltd: Operating Segments
Table 134. Nh Foods Ltd: Product Portfolio
Table 135. Nh Foods Ltd: Net Sales
Table 136. Nh Foods Ltd: Key Stratergies
Table 137. Tyson Foods Inc: Company Snapshot
Table 138. Tyson Foods Inc: Operating Segments
Table 139. Tyson Foods Inc: Product Portfolio
Table 140. Tyson Foods Inc: Net Sales
Table 141. Tyson Foods Inc: Key Stratergies
Table 142. Wh Group Limited: Company Snapshot
Table 143. Wh Group Limited: Operating Segments
Table 144. Wh Group Limited: Product Portfolio
Table 145. Wh Group Limited: Net Sales
Table 146. Wh Group Limited: Key Stratergies
LIST OF FIGURES
Figure 1. Processed Poultry Meat Market Segmentation
Figure 2. Processed Poultry Meat Market, 2020-2031
Figure 3. Processed Poultry Meat Market, 2020-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Processed Poultry Meat Market:Drivers, Restraints and Opportunities
Figure 11. Processed Poultry Meat Market, by Product Type, 2020 (%)
Figure 12. Comparative Share Analysis of Chicken Processed Poultry Meat Market, 2020-2031 (%)
Figure 13. Comparative Share Analysis of Turkey Processed Poultry Meat Market, 2020-2031 (%)
Figure 14. Comparative Share Analysis of Duck Processed Poultry Meat Market, 2020-2031 (%)
Figure 15. Comparative Share Analysis of Others Processed Poultry Meat Market, 2020-2031 (%)
Figure 16. Processed Poultry Meat Market, by Preservation Type, 2020 (%)
Figure 17. Comparative Share Analysis of Cured Processed Poultry Meat Market, 2020-2031 (%)
Figure 18. Comparative Share Analysis of Uncured Processed Poultry Meat Market, 2020-2031 (%)
Figure 19. Processed Poultry Meat Market, by End-user, 2020 (%)
Figure 20. Comparative Share Analysis of Retail Processed Poultry Meat Market, 2020-2031 (%)
Figure 21. Comparative Share Analysis of Food Service Processed Poultry Meat Market, 2020-2031 (%)
Figure 22. Processed Poultry Meat Market by Region, 2020
Figure 23. U.S. Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 24. Canada Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 25. Mexico Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 26. U.K. Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 27. Germany Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 28. France Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 29. Italy Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 30. Spain Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 31. Russia Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 32. Rest of Europe Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 33. China Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 34. India Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 35. Japan Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 36. South Korea Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 37. Australia Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 38. Rest of Asia-Pacific Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 39. Brazil Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 40. Argentina Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 41. South Africa Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 42. Rest of LAMEA Processed Poultry Meat Market, 2020-2031 ($Billion)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Brf SA.: Net Sales, ($Billion)
Figure 50. Cargill Incorporated.: Net Sales, ($Billion)
Figure 51. Cherkizovo Group.: Net Sales, ($Billion)
Figure 52. Golden Valley Natural LLC.: Net Sales, ($Billion)
Figure 53. Hormel Foods Corporation.: Net Sales, ($Billion)
Figure 54. Jbs SA.: Net Sales, ($Billion)
Figure 55. Marfrig Global Foods SA.: Net Sales, ($Billion)
Figure 56. Nh Foods Ltd.: Net Sales, ($Billion)
Figure 57. Tyson Foods Inc.: Net Sales, ($Billion)
Figure 58. Wh Group Limited.: Net Sales, ($Billion)

Executive Summary

According to this report titled, 'Processed Poultry Meat Market,' the processed poultry meat market was valued at $252.40 billion in 2020, and is estimated to reach $592.70 billion by 2031, growing at a CAGR of 7.4% from 2022 to 2031.

Consumption of meat has increased significantly worldwide in the last decade especially in developed countries such as U.S. and U.K. Production of poultry meat has increased significantly owing to factory farming and animal agriculture. Pork, beef and goat are popular meat products among the consumers. Pork meat is rich in certain nutrients like thiamine and iron, but it is also high in cholesterol and saturated fat. Thus, rising obesity and obesity related health issue, consumers are now switching from pork, beef and goat meat to poultry meat. Affordable price and easy availability has further boosted the processed poultry meat demand. Processed and convenience food have gained a higher acceptance owing to changing lifestyle patterns and increasing disposable income of individuals. Together, all the aforementioned factors account for the substantial growth of the processed poultry meat market size.

Consumer awareness regarding animal protein rich diet has grown substantially over the last few years. Consumers in the developed countries are now avoiding intake of protein rich diet, owing to its high saturated fat content, leading to severe health hazards. In this scenario, poultry meat is the most feasible option for consumers. Thus, the increased preference for animal protein rich diet due to increasing health consciousness drives the processed poultry meat market.

Outbreak of COVID-19 was negatively affected the growth of the processed poultry meat market in 2020. This was majorly attributed to closers of the country boundaries which leads to disruption of export and import activities, low production of poultry meat. Furthermore, Furthermore, meat producers and processors faced difficulty in harvesting and shipment of the products due to lockdown situations, decrease in labor force, restrictions in movement of animals within and across the country.

According to the processed poultry meat market analysis, the processed poultry meat market segmented into product type, preservation type, and end user and region. On the basis of product type, the market is categorized into chicken, turkey, duck and others. By preservation type, it is bifurcated into cured and uncured. By end user, it is bifurcated into retail and foodservice. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of the Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of the Asia-Pacific) and LAMEA (Brazil, Argentina, South Africa and Rest of LAMEA).

According to the processed poultry meat market trends, on the basis of product type, the turkey segment was the significant contributor to the market, with $31.6 billion in 2020, and is estimated to reach $55.9 billion by 2031, at a CAGR of 4.6% during the forecast period. Turkey meat is a rich source of protein, zinc, phosphorus, iron, potassium and others. Turkey meat is largely consumed in countries like the U.S., and Canada during Christmas feasts. Fresh turkey meat is preferred over frozen meat; however, it becomes difficult to purchase fresh turkey meat without preordering it during holidays in regions like North America and Europe. Thus, above mentioned factors are likely to garner the growth of the market during the forecast period.

According to the preservation type, the cured segment was the highest contributor to the processed poultry meat market size, and is estimated to reach $359.9 billion by 2031, at a CAGR of 6.9% during the forecast period. Cured meats have a longer shelf life as compared to uncured meat. Additionally, nitrites ensure better food quality and food safety, thereby gaining a higher acceptance in the market. The long lasting characteristic of nitrates has attributed to the growing popularity of poultry meat products.

On the basis of end user, the retail segment was the highest contributor to the market, and is expected grow at CAGR of 7.0% during the forecast period. Retail is the prime end-user for the processed poultry meat market. Retail is one of the most important end user segments in the processed poultry meat market. Supermarket and hypermarket are the major segments in retail end-user. Convenience stores, departmental stores and specialist retailers are other retail end-user. Manufacturers are offering special discounts through these hypermarkets and they encourage the hypermarkets and supermarkets chains to sell their own products, majorly boosting the sale of processed poultry meat.

According to the processed poultry meat market opportunities, region wise, Europe region gained significant processed poultry meat market share and is expected to sustain its share throughout processed poultry meat market forecast period. This is attributed to the significant growth in usage of innovative and advanced technology for processing of the poultry meat. Players operating in Europe processed poultry meat market are involved in the production of better and efficient quality processed poultry meat. They are coming up with innovative technologies in producing processed meat, resulting in increased competition in the Europe market, which in turn garner the Europe processed poultry meat market growth.

The players operating in the processed poultry meat industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include BRF S.A., Cargill Incorporated, Cherkizovo Group, Golden Valley Natural LLC., Hormel Foods Corporation, JBS S.A., Marfrig Global Foods S.A, NH Foods Ltd., Tyson Foods, Inc. and WH Group Limited.

KEY FINDINGS OF THE STUDY

The processed poultry meat market share was valued at $252.4 billion in 2020, and is estimated to reach $592.7 billion by 2031, registering a CAGR of 7.4% from 2022 to 2031.
In 2020, depending on product type, the duck segment acquired6.9 billion, garnering 2.7% of the global market share.
In 2020, on the basis of preservation type, the uncured segment acquired90.9 billion, exhibiting 36.0% of the global market share.
By end user, the foodservice segment growing at CAGR of 7.9% during the forecast period.
U.S. was the most prominent market in North America in 2020, and is projected to reach $191.3 billion by 2031, growing at a CAGR of 7.0% during the forecast period.

Companies Mentioned

  • BRF SA
  • Cargill Incorporated
  • Cherkizovo Group
  • Golden Valley Natural LLC
  • Hormel Foods Corporation
  • JBS SA
  • Marfrig Global Foods SA
  • NH Foods Ltd
  • Tyson Foods Inc
  • WH Group Limited

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Table Information