Frozen Meat Market Size, Share & Trends Analysis Report By Product Type (Beef, Pork, Chicken), By Distribution Channel (Convenience Stores, Supermarket & Hypermarket, Online), And Segment Forecasts, 2019 - 2025

Published: May, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global frozen meat market size is anticipated to reach USD 99.2 billion by 2025, expanding at a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The market is driven by increase in adoption of ready to eat food and change in lifestyle and food preference, where seasonality remains the major factor.

The market is gaining popularity among consumers due to the readily consumable aspect of the product, which saves time for the busy and young professionals. This is expected to provide potential growth opportunities for the global market. Over the past few years, stable economic growth associated with developing mining industry has resulted in increasing number of employment opportunities, thereby improving the consumers' average income.

Rapid urbanization as a result of growing population and need to cater to the increasing demand for non-vegetarian consumers are some of the factors expected to boost market growth in the coming years. Recent spread of diseases in pork and poultry has resulted in the gradual shift of the consumers towards beef and other meat products.

The frozen beef product segment held the largest market share in 2018. For instance, China imported USD 3 billion worth of frozen beef in 2017, which is 13.8% of the total frozen beef. U.S. was the second largest importer of frozen beef holding a share of 10.3%, followed by Vietnam, Hong Kong, and South Korea. Vietnam, China, and Indonesia are the fastest growing importers of frozen beef while countries like Japan, Russia, and Israel have declined in the purchase of frozen beef imports.

The supermarket and hypermarket segment is anticipated to expand at the fastest CAGR over the forecast period. The online segment held the largest market share in 2018 owing to technological advancements across the world. The online channel is expected to witness increased adoption among consumers over the coming years. Time-pressed younger population, especially in the metros, is expected to be a key consumer set for active players such as Grofers and Big Basket, which have been the front runners in online grocery retailing at large.

Asia Pacific held the largest market share in 2018 and is anticipated to expand at the highest CAGR of 5.2% over the forecast period. The growth is attributed to high import and consumption of meat in this region, along with penetration of e-commerce, increase in the number of food joints, and seasonality. Increasing popularity of healthy products among Chinese consumers is projected to increase demand for frozen meat. Young consumer, especially aged 20 year to 35 year eat healthy meat product once a week. Dumpling is the most consumed product, especially in urban areas. Consumers in the above-mentioned age group also buy frozen meat from online retailers. For instance, 64% of the population in China was in the 16-59 years age group in 2017, which presents growth prospect for the online channel.

Leading players in the market include Kerry Group Plc.; Marfrig Group.; BRF S.A.; Associated British Foods Plc.; Tyson Foods; Pilgrim's Pride Corporation, Inc.; Verde Farms, LLC; and Arcadian Organic & Natural Meat Co.

Further key findings from the study suggest:

• The global frozen meat market is expected to expand at a CAGR of 4.4% from 2019 to 2025

• Frozen beef is expected to expand at the highest CAGR over the forecast period. The segment held the largest market share of 32.6% in 2018 and is expected to maintain its lead in the coming years

• Based on the distribution channel, the supermarket and hypermarket segment is anticipated to expand at the fastest CAGR over the forecast period

• APAC held the largest market share in 2018 owing to developing countries like China and Japan. The region is expected to register the highest CAGR of 5.2% over the forecast period

• Various manufacturers are focusing on technological innovation in order to gain maximum market share.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                         1.3.1. Purchased Database
                         1.3.2. GVR's Internal Database
                         1.3.3. Secondary Sources & Third-Party Perspectives
                         1.3.4. Primary Research
                    1.4. Information Analysis 
                         1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights

Chapter 3. Frozen Meat Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                         3.3.1. Sales/Retail Channel Analysis
                         3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                         3.4.1. Market Driver Analysis
                         3.4.2. Market Restraint Analysis
                         3.4.3. Industry Challenges
                         3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                         3.5.1. Industry Analysis - Porter's
                             3.5.1.1. Supplier Power
                             3.5.1.2. Buyer Power
                             3.5.1.3. Substitution Threat
                             3.5.1.4. Threat from New Entrant 
                             3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Frozen Meat Market
                    3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Product Adoption 
                    4.4. Observations & Recommendations

Chapter 5. Frozen meat Market: Product Type Estimates & Trend Analysis
                    5.1. Product Type Movement Analysis & Market Share, 2018 & 2025
                    5.2. Beef
                         5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    5.3. Pork
                         5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    5.4. Chicken
                         5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    5.5. Others
                         5.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 6. Frozen meat Market: Distribution Channel Estimates & Trend Analysis
                    6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                    6.2. Convenience Stores
                         6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    6.3. Supermarket & Hypermarket
                         6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    6.4. Online
                         6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 7. Frozen meat Market: Regional Estimates & Trend Analysis
                    7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    7.2. North America
                         7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                         7.2.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                         7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                         7.2.4. U.S.
                             7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                             7.2.4.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                             7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.3. Europe
                         7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                         7.3.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                         7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                         7.3.4. Germany
                             7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                             7.3.4.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                             7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                         7.3.5. U.K.
                             7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                             7.3.5.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                             7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                         7.3.6. France
                             7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                             7.3.6.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                             7.3.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.4. Asia Pacific
                         7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                         7.4.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                         7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                         7.4.4. China 
                             7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                             7.4.4.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                             7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                         7.4.5. India
                             7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                             7.4.5.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                             7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                         7.4.6. Japan
                             7.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                             7.4.6.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                             7.4.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.5. Central & South America
                         7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                         7.5.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                         7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                    7.6. Middle East & Africa (MEA)
                         7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                         7.6.2. Market estimates and forecast, by product type, 2015 - 2025 (USD Billion)
                         7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)

Chapter 8. Competitive Analysis
                    8.1. Key global players, recent developments & their impact on the industry
                    8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    8.3. Vendor Landscape
                         8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                    9.1. Kerry Group Plc.
                         9.1.1. Company Overview
                         9.1.2. Financial Performance
                         9.1.3. Product Benchmarking
                         9.1.4. Strategic Initiatives
                    9.2. Margrif Group
                         9.2.1. Company Overview
                         9.2.2. Financial Performance
                         9.2.3. Product Benchmarking
                         9.2.4. Strategic Initiatives
                    9.3. BRF S.A.
                         9.3.1. Company Overview
                         9.3.2. Financial Performance
                         9.3.3. Product Benchmarking
                         9.3.4. Strategic Initiatives
                    9.4. Associated British Foods Plc.
                         9.4.1. Company Overview
                         9.4.2. Financial Performance
                         9.4.3. Product Benchmarking
                         9.4.4. Strategic Initiatives
                    9.5. Tyson Foods
                         9.5.1. Company Overview
                         9.5.2. Financial Performance
                         9.5.3. Product Benchmarking
                         9.5.4. Strategic Initiatives
                    9.6. Pilgrim's Pride Corporation, Inc.
                         9.6.1. Company Overview
                         9.6.2. Financial Performance
                         9.6.3. Product Benchmarking
                         9.6.4. Strategic Initiatives
                    9.7. Verde Farms, LLC
                         9.7.1. Company Overview
                         9.7.2. Financial Performance
                         9.7.3. Product Benchmarking
                         9.7.4. Strategic Initiatives
                    9.8. Arcadian Organic & Natural Meat Co.
                         9.8.1. Company Overview
                         9.8.2. Financial Performance
                         9.8.3. Product Benchmarking
                         9.8.4. Strategic Initiatives

List of Tables

1. Frozen meat - Key market driver analysis
2. Frozen meat - Key market restraint analysis
3. Global frozen meat market for beef market estimates and forecast, 2015 - 2025 (USD Billion)
4. Global frozen meat market for pork market estimates and forecast, 2015 - 2025 (USD Billion)
5. Global frozen meat market for chicken market estimates and forecast, 2015 - 2025 (USD Billion)
6. Global frozen meat market for other meats market estimates and forecast, 2015 - 2025 (USD Billion)
7. Global frozen meat market estimates and forecast for convenience stores, 2015 - 2025 (USD Billion)
8. Global frozen meat market estimates and forecast for supermarket & hypermarket, 2015 - 2025 (USD Billion)
9. Global frozen meat market estimates and forecast for online, 2015 - 2025 (USD Billion)
10. North America frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
11. North America frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
12. North America frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
13. U.S. frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
14. U.S. frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
15. U.S. frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
16. Europe frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
17. Europe frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
18. Europe frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
19. Germany frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
20. Germany frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
21. Germany frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
22. U.K. frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
23. U.K. frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
24. U.K. frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
25. France frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
26. France frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
27. France frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
28. Asia Pacific frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
29. Asia Pacific Frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
30. Asia Pacific frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
31. China frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
32. China frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
33. China frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
34. India frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
35. India frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
36. India frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
37. Japan frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
38. Japan frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
39. Japan frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
40. Central & South America frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
41. Central & South America frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
42. Central & South America frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
43. MEA frozen meat market estimates and forecast, 2015 - 2025 (USD Billion)
44. MEA frozen meat market revenue estimates and forecast by product type, 2015 - 2025 (USD Billion)
45. MEA frozen meat market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
46. Vendor landscape

List of Figures

1. Frozen meat market snapshot 
2. Frozen meat market segmentation & scope
3. Frozen meat market penetration & growth prospect mapping
4. Frozen meat supply chain analysis
5. Frozen meat market dynamics
6. Frozen meat market Porter's analysis 
7. Frozen meat market: Product Type movement analysis 
8. Frozen meat market: Distribution channel movement analysis 
9. Frozen meat market: Regional movement analysis