The rapidly changing lifestyle patterns in the 21st century is steadily driving the demand for products in the processed meat market. Considering its easy availability and convenience, most of the developing countries are accepting it as a staple food product. Taking advantage of this, players in the food processed market are investing heavily in innovating their product offerings to sustain in the market competition. Despite facing flak due to the health concerns of using these products, their demand around the globe has remained substantial. The processed meat market can be segmented into six major categories depending on the usage – fresh processed meat products, raw-cooked meat products, raw-fermented sausages, cured meat cuts, precooked-cooked meat products, and dried meat products. The processed meat market can also be segmented geographically into North America, APAC, Europe and RoW regions.
SpendEdge’s procurement intelligence report on the processed meat market provides in-depth insights into the growth patterns, procurement best practices, and major cost drivers in this market.
Top vendors in the processed meat market
This is one of the biggest food companies in the world and a prominent player in the processed meat market. BRF is a Brazilian company that was founded in the year 193 4. The company owns more than 50 factories in eight countries including Argentina, Brazil, United Arab Emirates, Netherlands, Malaysia, United Kingdom, Thailand, and Turkey. Some of their top global brands which are popular household names include Banvit, Bocatti, Sadia, and Qualy.