Market Research Future published a half-cooked research report on the global dehydrated meat products market, which is estimated to grow at a CAGR of 4.6% during the forecast period, 2017-2023.
Market Overview:
Dehydrated Meat Products Market Size are processed by drying the meat by removing the water content to extend the shelf-life of the products. Dried meat can be stored at ambient temperatures for many months. Due to the low water content, microbial spoilage of the muscle proteins can be safely prevented. Moreover, dehydrated meat products are highly nutritive and cost-effective. The various techniques used to dehydrate the meat include sun-dried, hot air dried, vacuum dried, spray dried, freeze dried, and others. Dried pieces and fermented sausages are the two groups of dehydrated meat products.
Market Forecast:
The continuous increase in demand for meat products is driving the growth of the dehydrated meat products. The extended shelf life of the meat product is majorly driving the market for dehydrated meat products globally. Hectic lifestyle of the consumers followed by a high inclination towards convenience products is propelling the growth of dehydrated meat products market.
Rising disposable income and growing inclination towards meat products as a source of nutritive diet are further boosting the market in favor of dehydrated meat products. Moreover, the key players in the global dehydrated meat products market are emphasizing to enhance their investment in product development to extend the product line which is having a positive impact on the growth of the market, both in developed as well as developing countries. All these factors are projected to contribute to the estimated CAGR of 4.6% of dehydrated meat products market during the forecast period 2017-2023.
Regional Analysis:
The global dehydrated meat products market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Europe is anticipated to be dominating the dehydrated meat products market followed by North America. High inclination towards portable convenience foods followed by growing health-conscious population is driving the growth of dehydrated meat products in North America. Moreover, in Europe, there is a high inclination towards meat products for protein intake which is driving the growth of the market in this region.
Asia Pacific is projected to be the fastest growing region for dehydrated meat products in which China and Japan are the major contributors followed by India. Moreover, Latin American countries, offer ample opportunities for expansion to major players. Middle East region is projected to be one of the lucrative places to enhance the business of dehydrated meat products.
Market Segmentation:
The segment study of the dehydrated meat products market is done by segmented on the basis of type, distribution channel, and technology.
The type-based segments of the dehydrated meat products are fermented sausages and dried pieces. The fermented sausages segment is anticipated to rise at substantial pace across the review period, following the dried pieces segment.
The technology-based segments of the dehydrated meat products market are vacuum dried, sun-dried, hot air dried, spray dried, and freeze dried among others. The sun-dried process segment can win high profits, following air dried technique. The spray dried technique can hold substantial value over the forecast period.
The distribution channel-based segments of the dehydrated meat products market are non-store based and store-based. The store-based distribution channel can thrive in the near future due to increase in number of dehydrated meat product consumers. The quick access to product from hyper markets and supermarkets over normal grocery shop and expansion of online services can support rise of the market in the near future.
Competitive Analysis:
Henningsen Foods, Inc. (U.S.), Cargill, Inc. (U.S.), Hormel Foods (U.S.), Associated British Foods Plc (U.K), Tyson Foods, Inc. (U.S.), Pilgrims Pride Corporation (U.S.), BRF S.A. (Brazil). Pinnacle Foods Group LLC (U.S.), Marfrig Group (Brazil), and Kerry Group plc. (Ireland) are some reputed enterprises in the dehydrated meat products that are recognized by MRFR.
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