$679.3 billion in 2017 and is expected to reach $ 1492.26 billion by 2026 growing at a CAGR of 9.1 % during the forecast period. Processed Poultry & Meat is rich in its nutrients & proteins and increasing health consciousness towards animal protein-rich diet are some key factors influencing the market growth. However, fear of diseases like bird flu and others are hampering the market growth.
Processed poultry meat is measured as the meat which has been distorted to improve its taste or to expand its shelf life. Poultry processing is a multifaceted combination of biology and chemistry, as the procedure includes the usage of few chemical preservatives like salt, sodium nitrate and others. Poultry has gained more acceptance than meat like beef, mutton and pork due to high protein content at reasonably priced.
Amongst Product, cured segment accounted for the significant market share in the global market due to These cured items contain nitrites, which keeps the development of pathogenic microscopic organisms and builds the timeframe of realistic usability of the items. What’s more, nitrites are utilized in restored meat to improve the nature of the product.
By geography, Asia-Pacific acquired the largest market share in the global market owing to the biggest shopper of natural chicken meat. In any case, factor in charge of expanded interest of prepared chicken meat as of late is the expanded buyer inclination of handled or comfort convenience foods in this region.
Some of the key players in the global Processed Poultry & Meat market are JBS S.A., Marel HF, John Bean Technologies Corporation, CG Manufacturing and Distribution Limited, Cargill Inc., Brower Equipment, Bayle S.A., Baader Food Processing Machinery Inc., Manitowoc, GEA Food Solutions and Tool Works.