According to the latest report by IMARC Group, titled “United States Frozen Meat Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the united States frozen meat market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
Frozen meat is preserved at low temperature by adding numerous additives, such as acidifiers, salt, flavoring agents, seasonings, etc. Some of the common types of frozen meat items include beef, poultry, pork, seafood, etc. These products offer several benefits over freshly-cut meat, including year-round availability, food waste reduction, better inventory management, lower microbial growth, longer shelf life, and easy storage. Besides this, they are easy to cook and convenient to use in different recipes.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
In the United States, the expanding consumer base for ready-to-eat food items due to the increasing working population and busy lifestyles is driving the market for frozen meat. Moreover, the growing consumer inclination towards processed meat products, such as bacon, sausages, canned meat, etc., is also augmenting the market growth. Additionally, several quick-service restaurants, food trucks, cafes, etc., depend upon processed meat for faster and hassle-free customer services, thereby further propelling the demand for frozen meat in the country. Besides this, continuous upgradation in the cold chain logistics facilities and higher import of seafood are also catalyzing the product demand. In the coming years, extensive R&D activities to formulate safer variants that are free from antibiotics and chemical residues will continue to drive the market for frozen meat in the United States.
Breakup by Product Type:
- Poultry
- Beef
- Pork
- Seafood
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Breakup by End-User:
- Retail
- Institutional
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Agrika International Inc., Ajc International, Inc., Ben E. Keith Company, Brecon Foods Inc., Conagra Brands, Inc. El Monterey Inc., Foster Farms Inc., Jbs Pilgrims, Koch Foods Incorporated, Sanderson Farms, Inc., Stouffer’s (Nestlé S.A.) and Tyson Foods Inc.
The report has segmented the market on the basis on product type, distribution channel, end-user.
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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