Pre & Post COVID-19 Market Estimates - Processed Meat Market in US | Demand for Convenience Foods to Boost Growth | Technavio

The processed meat market in the US has the potential to grow by 50.76 thousand tons during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

Market Overview

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Market Competitive Analysis

The market is fragmented. BRF SA, Cargill Inc., and Conagra Brands Inc. are some of the major market participants.  These established players hold a majority of the market share with their large-scale operations, high investment capabilities, and brand recognition. Factors such as the increasing number of product launches, innovation in flavors, and broader reach through organized retailing are expected to intensify the competition in the market during the forecast period. Although the increasing demand for convenience foods will offer immense growth opportunities, stringent regulations will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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To help clients improve their market position, this processed meat market forecast in the US report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this processed meat market analysis in the US report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.