About Processed Poultry Meat
Processed Poultry Meat refers to meat of domesticated birds such as chicken, turkey or duck, which is modified in factories or processing facilities in order to enhance its taste or increase its shelf life. Processed Poultry meat market has grown significantly due to high protein content, affordability and easy availability as well as higher acceptance of poultry across religious groups. Among all other poultry meats, chicken accounts for largest market share. Although certain health side effects associated with processed poultry has increased the stringent regulations around the sale of the poultry meat, as well as rising competition from local manufacturers as acted as hindrance towards growth of the processed poultry meat market. . Increasing disposable income, health consciousness about chemical free meal and change in lifestyle has led to growing popularity of organic chicken. Asia Pacific and North America are the two prominent markets of the processed poultry meat.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sanderson Farms (United States), Tyson Foods, Inc. (United States), JBS S.A. (Brazil), NH Foods Ltd. (Japan), Marfrig Global Foods S.A. (Brazil), Cherkizovo Group (Russia), Cargill Inc. (United States), Hormel Foods Corporation (United States), Ronsard (France) and V H Group (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Inghams Group Ltd. (Australia), Licious (India) and Meatigo (India).
Segmentation Overview
AMA Research has segmented the market of Global Processed Poultry Meat market by Type (Chicken Meat, Turkey Meat and Duck Meat), Application (Restaurants) and Region.
On the basis of geography, the market of Processed Poultry Meat has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Processed Poultry Meat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Processed Poultry Meat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Processing Method , the sub-segment i.e. Cured will boost the Processed Poultry Meat market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Chicken Meat Accounts for Largest Market Share
Market Growth Drivers:
Rising Demand for High Protein Enriched Meal and Growth of Food and Beverages as well as Food Services Market
Challenges:
Growing Consciousness about Diseases Spread or Originating from Animals Especially due to Recent Pandemic
Restraints:
Presence of Large Number of Local Players in Market and Certain Health Side-Effects may be Associated with Processed Poultry Meat
Opportunities:
Organic Segment is Steadily Rising in Popularity due to Growing Demand for Chemical Free Food
Market Leaders and their expansionary development strategies
In 2020, Tyson Foods Inc., America’s largest meat producer and supplier has announced acquisition of Tecumseh Poultry LLC, which owns the brand called Smart Chicken. Smart Chicken brand is particularly famous for its organic chicken offerings. Tyson Foods looks to expand its organic meet and organic chicken segment with the acquisition of Tecumseh.
Key Target Audience
Processed Poultry Meat Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.