The processed meat market will envisage a moderate 2.2% volume y-o-y growth in 2018 over 2017, opines a recent market study published by Fact.MR. The study finds that steadily growing meat industry and increasing growth of the food processing industry is majorly contributing to the growth of the processed food market.
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The Processed Meat market study outlines the key regions – North America, Latin America, Europe, Japan, APEJ, and MEA – alongwith the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Processed meat market players mentioned in the report are JBS SA, Tyson Foods, Inc., Harim Co Ltd., WH Group, Hormel Food Corporation, Cargill Meat Solutions Corp., BRF, Smithfield Foods, Inc., Danish Crown A/S, and Lotte Foods, Inc..
Why Consumers are Choosing Conventional Processed Meat over Organic Processed Meat
Contrary to the popular belief that organic food products are healthier than their conventional variants, conventionally processed meat products are witnessing higher demand than that for organic processed meat products. According to Fact.MR, the key reasons why a majority of consumers are more inclined towards purchasing conventionally processed meat include,
Organic meat tends to be more expensive than conventional meat.
Nearly similar amount of contaminants found in organic and conventional processed meat drives consumers to choose an economical option.
Conventionally processed meat is readily available in a majority of local grocery or retail store.
Consumers are becoming aware of the fact that organic does not mean cruelty-free.
Growing consumer awareness about the relatively higher carbon footprint of organic processed meat.
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On the basis of product, the Processed Meat market study consists of
• Beef
• Pork
• Poultry Meat
• Other Types
Crucial insights in the Processed Meat market research:
• Underlying macro- and microeconomic factors impacting the growth of the Processed Meat market.
• Basic overview of the Processed Meat, including market definition, classification, and applications.
• Scrutinization of each Processed Meat market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Processed Meat across various industries.
• Important regions and countries offering lucrative opportunities to Processed Meat market stakeholders.
Reasons to choose Fact.MR:
• Exhaustive research regarding the market to offer A to Z information.
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• 24/7 availability of services.
• Interaction with suppliers, vendors, and service providers for precise market landscape.
• Reports tailored as per the requirements of the clients.
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