From GlobeNewswire: 2024-11-08 12:47:00

The global processed meat market is projected to reach $429.1 billion by 2029, with a 5.0% CAGR from 2024. Factors driving market growth include rising health concerns, new food safety regulations, and a focus on sustainability. Innovations in food processing and plant-based alternatives are reshaping the industry.

Key drivers of the processed meat market include higher disposable incomes, urbanization, and population growth. Cold chain logistics expansion allows for global trade, reducing food waste. Increased protein-rich diet consumption and product innovations also contribute to market growth.

China leads in processed meat consumption, affecting market dynamics. Convenience stores and supermarkets are key purchase points. Plant-based meat alternatives challenge traditional markets. The poultry segment dominates, with the Asia-Pacific region holding the highest market share.

Market leaders in processed meat include BRF Global, Cargill, Conagra Brands, and Tyson Foods. BCC Research offers reports on plant-based meat and organic fertilizers. Contact [email protected] for more information or to purchase reports. BCC Research provides objective market analysis for informed business decisions.



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