(Entertainment-NewsWire.com, September 25, 2017 ) Growing number of sellers in the processed meat market have been focusing on expanding their product portfolio through product modernization and development. Consumers are now further tending towards choosing protein rich food particularly those with rising income in developing countries. Hence, the demand for meat is increasing.
To take advantage of the growth trend in the market, numerous leading meat processing and equipment corporations are making attempts towards research and development and production of such goods. The key difficulties in the growth are the lack of awareness of meat treating mechanization among the processed meat manufacturers. Other reason which hampers the growth of this market is small and medium meat producing enterprises in developing countries.
Middle East and Africa market for processed meat is segmented by processing technology and meat type. By Processing Technology, the market is divided into Fresh-Processed Meat, Raw-Cooked Meat, Pre-Cooked Meat, Raw-Fermented Sausages, Cured Meat, Dried Meat. Based on Meat type the market is segregated into Poultry, Beef, Pork and Mutton. Processed poultry is the largest segment and accounts for the largest share of the processed meat market. Cured meat is expected to witness high growth in the forecast period.
Geographically the market is segmented into Middle-East and Africa. Africa is the dominating country in this region with highest market share while Middle-East is expected to grow at a high CAGR in the forecast period.
Key players in the processed meat market include Tyson Foods, Cargill Inc., Gulf Food Industries, Sunbulah Group, BRF S.A., Cherkizovo Group, National Food Co., Hormel Foods, Marfrig Group and Sanderson Farms Inc.
About Market Data Forecast: The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
