Processed Beef Market Forecasts: CAGR of ~9% to 2029

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Processed Beef Market

• February 2020

Report Id REP-GB-11028 Published On Feb
07,2020 Category Food and Beverages
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
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Processed Beef Market Analysis

• The global processed beef market is projected to
  reach a valuation of US 227 Bn in 2029, with an
  impressive rate of growth during 2019 2029.
  According to a new study by Future Market
  Insights (FMI), the market for processed beef is
  predominantly driven by hectic consumer
  lifestyles, and rising consumption of
  ready-to-eat products by the millennial
  demographic.
• High quality and better shelf-life of processed
  beef drives its demand. Besides convenience
  preparation and consumption, changing breakfast
  habits have enabled the market growth, says the
  FMI report.
• Key Research Findings of FMIs Processed Beef
  Market Study
• Households account for a major market share.
• Tech innovations in processed beef operations
  marks an important trend, eventually leading to
  better quality.
• North America will remain the leading regional
  market for processed beef.
• Economies in Asia Pacific will display a higher
  rate of growth.
• Expanding health-conscious consumer population is
  heavily contributing towards the growth of
  organic category.

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Processed Beef Market Analysis

• Key Growth Drivers Processed Beef Market
• Rapid development of global cold chain
  infrastructure is driving up demand of fresh,
  chilled, and frozen processed foods, including
  processed beef.
• Benefits in terms of convenience, quality, and
  shelf-life continue to fuel demand for frozen
  processed beef products.
• Increasing awareness about associated health
  benefits continues to be a major growth driver
  for market.
• Key Impediments Processed Beef Market
• Low growth rates of beef animals and inconsistent
  meat quality are the prominent challenges facing
  livestock farmers.
• Lack of proper supply chain infrastructure and
  poor animal health control continue to result in
  a measurable loss.
• Price fluctuations, lack of enforcement for meat
  grading systems, and inadequate technical
  knowledge remain major roadblocks to production.

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Processed Beef Market Analysis
Competition Structure Analysis Processed Beef
Market Competition landscape of the global
processed beef market will primarily remain
influenced by the rising number of acquisitions
of smaller regional businesses. Leading market
players are adopting acquisition strategies in a
bid to strengthen geographical presence and boost
product portfolios. Major players and new
entrants in the industry are anticipated to
increase their efforts to penetrate fast
developing economies such as China and India in
the near future. Some of the major participants
in the global processed beef market that are
analyzed in this report include, but are not
limited to, SYSCO Corp, JBS SA, Smithfield Foods
Inc., Hormel Food, BRF SA, Harim Co. Ltd., WH
Group, Tyson Foods Inc., Cargill Meat Solution
Corp., and Danish Crown A/S. Press Release
Source  https//www.accesswire.com/576174/Process
ed-Beef-Sales-to-Reach-US-227-Bn-in-2029-Majorly-B
uoyed-by-Rise-in-Popularity-of-Ready-to-Eat-Produc
ts-Future-Market-Insights
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Processed Beef Market Analysis

• Explore Future Market Insights comprehensive
  coverage on,
• Dairy Alternatives Market
• Fortified Yeast Market
• Yeast Extract Market
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Processed Beef Market Analysis
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