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Frozen meat is a widely used preservation method that slows enzyme activity, inhibits microbial growth, and extends shelf life. When properly packaged and stored at 0°C, frozen meat remains safe to eat, making it suitable for international transportation. Since some meats are seasonal or region-specific, freezer technology allows for year-round storage and global distribution. The growth of the frozen meat market is driven by the rising meat-eating population and the increasing demand for ready-to-eat foods.
Wissen Research analyses that the global frozen meat market is estimated at ~USD 27 billion in 2023 and is projected to reach ~USD 40 billion by 2030, expected to grow at a CAGR of ~5% during the forecast period, 2023-2030.
The increasing consumer preference for frozen products reflects a broader trend of convenience and interest in long-lasting, easy-to-prepare foods. Alongside this, there is a rising curiosity among consumers to explore and experience diverse nutritional profiles, leading them to seek out different types of frozen foods that offer various health benefits. This combination of convenience and a desire for nutritional variety is a significant factor driving the growth and innovation within the frozen food industry. As consumers become more knowledgeable about nutritional values, their purchasing decisions increasingly support market expansion.
To address the growing demand, numerous frozen meat product manufacturers are entering the market, with new players expanding into different regions. Consequently, the frozen meat industry is seeing an increase in international food trade, leading to more extensive and complex supply chains. This expansion has heightened the need for meat to stay fresh over longer durations, which in turn is boosting the sales of frozen meat products.
High costs for freezing equipment and the impact of preservatives on health are major concerns for the global frozen meat market. These factors could hinder market growth in the coming years. The frozen poultry and meat market report offers insights into recent developments, trade regulations, production analysis, and market opportunities. For more details, contact Data Bridge Market Research for an Analyst Brief to make informed decisions and drive market growth.
Poultry is projected to holds the highest frozen meat market share in 2024, driven by consumer preference for its health benefits, versatility, and affordability compared to red meat. Chicken and turkey are popular for their low fat and calorie content and are easily substituted for red meat in various recipes.
The North American market holds the largest share and is projected to lead growth over the forecast period, driven by high disposable incomes, busy lifestyles, evolving eating habits, and a preference for ready-to-eat products. Meanwhile, the Asia Pacific market is expected to experience the fastest growth, fueled by changing eating habits, a growing working-class population, the influence of Western food trends, increasing disposable incomes, busy lifestyles, and a booming modern retail sector.
Major players operating in frozen meat market are Tyson Foods, SMC Ltd., BRF S.A, Marfrig Global Foods S.A., Pilgrim’s Pride Corporation, Associated British Foods Plc., V H Group., Tyson Foods, Inc., Verde Farms LLC, JBS S.A., Kerry Group Plc., Cargill Inc. among others.
Recent Developments:
Introduction
Market Definition
The frozen meat market refers to the sector of the food industry focused on the production, distribution, and sale of meat products that have been preserved through freezing. This process involves lowering the temperature of meat to below its freezing point to inhibit the growth of microorganisms, reduce enzyme activity, and extend the product’s shelf life.
Key Stakeholders
Key objectives of the Study
Research Methodology
The aim of the study is to examine the key market forces such as drivers, opportunities, restraints, challenges, and strategies of key leaders. To monitor company advancements such as patents granted, product launches, expansions, and collaborations of key players, analyzing their competitive landscape based on various parameters of business and product strategy. Markey sizing will be estimated using top-down and bottom-up approaches. Using market breakdown and data triangulation techniques, market sizing of segments and sub-segments will be estimated.
FIGURE: RESEARCH DESIGN
Sources: Wissen Research Analysis.
Research Approach
Collecting Secondary Data
The process of collating secondary research data involves the utilization of databases, secondary sources, annual reports, investor presentations, directories, and SEC filings of companies. Secondary research will be utilized to identify and gather information beneficial for the in-depth, technical, market-oriented, and commercial analysis of the frozen meat market. A database of the key industry leaders will also be compiled using secondary research.
Collecting Primary Data
The primary research data will be conducted after acquiring knowledge about the frozen meat market scenario through secondary research. A significant number of primary interviews will be conducted with stakeholders from both the demand and supply side (including various industry experts, such as Vice Presidents (VPs), Chief X Officers (CXOs), Directors from business development, marketing and product development teams, product manufacturers) across major countries of Europe, Asia Pacific, North America, Latin America, and Middle East and Africa. Primary data for this report will be collected through questionnaires, emails, and telephonic interviews.
FIGURE: BREAKDOWN OF PRIMARY INTERVIEWS FROM SUPPLY SIDE
FIGURE: BREAKDOWN OF PRIMARY INTERVIEWS FROM DEMAND SIDE
FIGURE: PROPOSED PRIMARY PARTICIPANTS FROM DEMAND AND SUPPLY SIDE
Note: Above mention companies are non-exhaustive.
Market Size Estimation
All major manufacturers offering various frozen meat services will be identified at the global / regional level. Revenue mapping will be done for the major players, which will further be extrapolated to arrive at the global market value of each type of segment. The market value of frozen meat market will also split into various segments and sub segments at the region level based on:
FIGURE: REVENUE MAPPING BY COMPANY (ILLUSTRATION)
Sources: Company Websites, Annual Reports, SEC Filings, Press Releases, Investor Presentation, Paid Database, and Wissen Research Analysis.FIGURE: REVENUE SHARE ANALYSIS OF KEY PLAYERS (SUPPLY SIDE)
Sources: Company Websites, Annual Reports, SEC Filings, Press Releases, Investor Presentation, Paid Database, and Wissen Research Analysis.FIGURE: MARKET SIZE ESTIMATION TOP-DOWN AND BOTTOM-UP APPROACH
Sources: Company Websites, Annual Reports, SEC Filings, Press Releases, Investor Presentation, Paid Database, and Wissen Research Analysis.FIGURE: ANALYSIS OF DROCS FOR GROWTH FORECAST
FIGURE: GROWTH FORECAST ANALYSIS UTILIZING MULTIPLE PARAMETERS
Research Design
After arriving at the overall market size-using the market size estimation processes-the market will be split into several segments and sub segment. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segment, the data triangulation, and market breakdown procedures will be employed, wherever applicable. The data will be triangulated by studying various factors and trends from both the demand and supply sides in the frozen meat market.
Sources: Food and Beverage Manufacturers, Culinary Institute of America (CIA), International Culinary Center (ICC), Performance Food Group, Gordon Food Service (GFS), Research and Development (R&D) Departments, Events and Catering Services Local Markets and Farmers’ Markets, Company Website, Press Releases, Annual Reports, Paid Data Sources, and Wissen Research Analysis.
1. Introduction
1.1 Key Objectives
1.2 Definitions
1.2.1 In Scope
1.2.2 Out of Scope
1.3 Scope of the Report
1.4 Scope Related Limitations
1.5 Key Stakeholders
2. Research Methodology
2.1 Research Approach
2.2 Research Methodology / Design
2.3 Market Sizing Approach
2.3.1 Secondary Research
2.3.2 Primary Research
3. Executive Summary & Premium Content
3.1 Global Market Outlook
3.2 Key Market Findings
4. Patent Analysis
4.1. Patents Related to Frozen Meat
4.2. Patent Landscape and Intellectual Property Trends
5. Market Overview
5.1 Market Dynamics
5.1.1 Drivers/Opportunities
5.1.2 Restraints/Challenges
5.2 End User Perception
5.3 Need Gap
5.4 Supply Chain / Value Chain Analysis
5.5 Industry Trends
5.6 Porter’s Five Forces Analysis
6. Global Frozen Meat Market, by Product Type (2023-2030, USD Million)
6.1 Beef
6.2 Pork
6.3 Poultry
6.4 Lamb
6.5 Seafood
6.6 Venison
7. Global Frozen Meat Market, by Distribution Channel (2023-2030, USD Million)
7.1 Supermarkets and Hypermarkets
7.2 Convenience Stores
7.3 Online Retailers
7.4 Specialty Stores
7.5 Direct Sales
8. Global Frozen Meat Market, by Packaging (2023-2030, USD Million)
8.1 Bulk Packaging
8.2 Retail Packaging
9. Global Frozen Meat Market, by Processing (2023-2030, USD Million)
9.1 Raw Frozen Meat
9.2 Processed Frozen Meat
10. Global Frozen Meat Market, by End User (2023-2030, USD Million)
10.1 Household Consumers
10.1.1 Retail Consumers
10.1.2 Online Consumers
10.2 Commercial Users
11. Global Frozen Meat Market, by Form (2023-2030, USD Million)
11.1 Whole
11.2 Cut
11.3 Ground
11.4 Processed (Sausages, nuggets)
12. Global Frozen Meat Market, by Region (2023-2030, USD Million)
12.1 North America
12.1.1 US
12.1.2 Canada
12.2 Europe
12.2.1 Germany
12.2.2 France
12.2.3 Spain
12.2.4 Italy
12.2.5 UK
12.2.6 Rest of the Europe
12.3 Asia Pacific
12.3.1 China
12.3.2 Japan
12.3.3 India
12.3.4 Australia and New Zealand
12.3.5 South Korea
12.3.6 Rest of the Asia Pacific
12.4 Middle East and Africa
12.5 Latin America
13. Competitive Analysis
13.1 Key Players Footprint Analysis
13.2 Market Share Analysis
13.3 Key Brand Analysis
13.4 Regional Snapshot of Key Players
13.5 R&D Expenditure of Key Players
14. Company Profiles2
14.1 Kerry Group Plc
14.1.1 Business Overview
14.1.2 Product Portfolio
14.1.3 Financial Snapshot3
14.1.4 Recent Developments
14.1.5 SWOT Analysis
14.2 Marfrig Group
14.3 BRF S.A.
14.4 Associated British Foods Plc.
14.5 Tyson Foods
14.6 Arcadian Organic & Natural Meat Co
14.7 Verde Farms, LLC.
14.8 Pilgrim’s Pride Corporation, Inc.
14.9 Tendercut Meat
14.10 Northgate Food
14.11 JBS
15. Conclusion
16. Appendix
16.1 Industry Speak
16.2 Questionnaire
16.3 Available Custom Work
16.4 Adjacent Studies
16.5 Authors
17. References
Key Notes: