Global Frozen Meat Market to Grow at 4.36% CAGR to 2023, Predicts MRFR in Its Topical Report Available at MarketPublishers.com
28 Sep 2017 • by Natalie Aster
LONDON – The worldwide frozen meat market has seen stable demand over the past several years and is anticipated to keep on increasing at a steady CAGR of 4.36% through 2023 to climb to USD 86.58 billion.
Some of the major market growth drivers include novel product launches, increasing R&D, rising disposable incomes, ongoing development of the food service sector and strong demand for frozen meat products. Escalating demand for convenience food along with strong performance of retail industry is expected to have positive influence on sales of frozen meat in the next decade. Continued uptake across the emerging countries and robust expansion of large retail sales are likely to give further boost to the frozen food market.
Some of the leading market participants include BRF S.A., Marfrig Group, Cargill Incorporated, Associated British Foods, Kerry Group, Tyson Foods and Pilgrim’s Pride Corporation.
Topical report “Global Frozen Meat Research Report- Forecast to 2023” worked out by Market Research Future (MRFR) contains an in-depth analysis of the frozen food market. It presents a close look at the market landscape across the major geographies, examines the main market segments and estimates their shares and growth rates, discloses relevant data on the market size and value, sheds light on the market dynamics and identifies the key forces having influence on the market growth and development. Moreover, this report characterises the competitive landscape and gives info on the prominent players. In addition, future forecasts through 2023 are also at hand.
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