Packed meat is fresh and ready to eat meat, which is stored at low temperature area or cold stores. Meat comprises of all the good micro and macro nutrients and is a good source of protein. Now-a-days people prefer these packed meat because people are more health conscious. Amongst the various varieties of meat, poultry meat has largest market share in the world.
COVID-19 Scenario Analysis:
There is a decrease in the demand for packaged cooked meat due to COVID-19 pandemic as consumers have opted to refrain from consuming meat. This has decreased the sale and thus market growth.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Packaged cooked meat comes under the premium quality product which is not affordable for all types of non-vegetarian consumers. Despite this, the market is experiencing growth as this type of meat is easily available, easy to clean and easy to consume.
Key Market Players
Keystone Foods, L.L.C., Smithfield Foods, Inc, Tyson Foods, Inc., ConAgra Foods, Inc., Sysco Corp., JBS USA, Hormel Foods Corp, National Beef Packing Co., L.L.C, OSI Group, L.L.C., Cargill Meat Solutions
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Introduction of new products to flourish the market growth
Consumers are inclined toward new innovations in the market. They tend to experiment with taste and cooking method. Keeping this in mind, manufacturers of packaged cooked meat plan to introduce new tastes, flavors, and more to gain their foothold in the market. This is thus expected to boost the growth of the packaged cooked meat market in the coming years.
Key Benefits of the Report:
- This study presents the analytical depiction of the packaged cooked meat market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the packaged cooked meat market share.
- The current market is quantitatively analyzed to highlight the global packaged cooked meat market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global packaged cooked meat market based on competitive intensity and how the competition will take shape in coming years.
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