The
global meat, poultry and seafood industry comprises beef, pork, chicken,
turkey, tuna, salmon, shrimp, sardines, prawns and other fishes. The meat,
poultry and seafood industry includes companies engaged in animal slaughtering
and processing, poultry treating and seafood product preparation &
packaging. The companies in industry also package & distribute products
through different distribution passages for both individual customers and
commercial organisations. The seafood is one of the major demands pertaining to
rise in demand of healthy protein rich foods. The meat processing companies are
adopting robotics and automation technology to maximize production efficiency.
Robotic systems automate deboning, cutting, butchering, and monitoring
processes in meat production. The decreases cycle times and increases automation
enables meat processing companies for improving plant conditions, reducing
contamination, and making meat processing much safer for workers as well as
consumers.
According
to the report “Meat, Poultry
And Seafood Global Market Report 2019” Some of the key players JBS
S.A., Tyson Foods Inc., WH Group Limited, NH Foods; Danish Crown A/S. Companies
have adopted the strategy of merger & acquisition in order to expand
business in domestic and global market.
Based
on application type, global meat, poultry and seafood packaging can be
classified as fresh & frozen, processed and ready to eat food, the ready to
eat food is expected to register a significant demand over the forecast period
owing to rise in usage of convenient products. Based on type market is
segmented to meat products manufacturing, poultry manufacturing, seafood
manufacturing. Based on distribution channel supermarkets/hypermarkets,
convenience stores, E-Commerce and Others. Based on by nature market is
segmented into organic, conventional
including pork, mutton, processed beefs and Others Meat Products such as
Chicken, Ducks, and Others Poultry products crustaceans, Fish.
Asia
Pacific accounts for largest share of three-fourth of global market in terms of
the total volume and value further expected to register a fast growth by adding
a significant growth rate over the forecast period. Some of the key countries
such as India, China, Indonesia, Philippines, and Thailand have registered fast
growth in terms of industrial and trade activities. Increase in living
standards along with rise in population have further steered the market demand
for meat products in the region. Moreover, the consumers are also shifting
their preferences towards consuming meat, poultry & seafood products, due
to rising awareness towards health and lifestyle. The growing awareness towards
new and innovative product recipes coupled with increasing flavoured products
is anticipated to steer the demand for meat, poultry & seafood.
The
European countries such as UK, Russia, France, Germany and Spain are dominating
the European meat, poultry & seafood market. Moreover the demand meat,
poultry & Sea food in the region further is expected to increase
substantially owing to new products that led introduction and increasing in
awareness of healthy products. Shifting consumer diet preferences in countries
such as Luxembourg, Netherlands, and Belgium is expected to steer demand for
meat and meat products. The growth in the consumer goods and increasing number
of retails outlets expected to augment the demand for processed food items and
ready-to-eat items. However, inclination towards freshly cooked food and added
costs of final product may impact the meat, poultry & seafood packaging
market slightly over the forecast period.
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