Frozen Meat Market Size, Share, Growth, And Industry Analysis, By Type (Beef, Chicken, Lamb, Pork) By Application (Food Chain Services, Modern Trade, Departmental Stores, Online Stores) and Regional Insights and Forecast to 2031

Updated On: 20 November 2023

Frozen Meat Market Report Overview

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The global frozen meat market size was USD 25184.6 million in 2021. As per our research, the market is expected to reach USD 37336.46 million by 2027, exhibiting a CAGR of 6.78% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with frozen meat experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Frozen meat is a perishable food product that has been subjected to sub-zero temperatures to preserve its freshness and extend its shelf life. The process of freezing meat involves rapidly lowering its temperature to at least -0.4°F (-18°C), which inhibits the growth of bacteria and other microorganisms, as well as enzymatic activity that can lead to spoilage. This preservation method helps maintain the quality and nutritional value of the meat for an extended period, making it a convenient and widely used option for consumers and the food industry. One of the key advantages of frozen meat is its ability to maintain its flavor, texture, and nutritional content for an extended period, often up to several months or even years, depending on the specific type of meat and storage conditions. Properly frozen meat can retain its taste and nutritional value as effectively as fresh meat. Frozen meat is a versatile choice for consumers and foodservice providers alike, as it allows for convenient meal planning and storage flexibility. 

The Frozen Meat Market has undergone significant transformations and challenges in recent years. It is a sector that has long been an essential part of the global food industry. It offers consumers convenience and a longer shelf life for various meat products. However, the market's dynamics have been greatly influenced by external factors, including the COVID-19 pandemic.

COVID-19 Impact: Lockdown and Social Distancing Measures Forced Many Consumers to Prioritize Products with Longer Shelf Lives that Hampered the Market Growth

The COVID-19 pandemic had a profound impact on the Frozen Meat Market share. At the onset of the pandemic, consumer behavior shifted dramatically, leading to fluctuations in the demand for frozen meat products. Lockdowns and social distancing measures forced many consumers to prioritize products with longer shelf lives. This sudden shift led to an initial surge in demand for frozen meat, especially in the early months of the pandemic. Additionally, concerns over the safety of fresh meat products in the early stages of the pandemic further boosted the demand for frozen meat. Consumers perceived frozen meat as a safer option because it could be stored for longer periods. This change in perception was a significant catalyst for market growth. However, as the pandemic progressed and lockdowns were gradually lifted, consumer preferences began to return to normal. The demand for frozen meat, which had initially spiked, started to stabilize. This shift was due to various factors, including consumers regaining confidence in the safety of fresh meat and a return to pre-pandemic dietary habits.

Latest Trends

"Sustainable Frozen Meat Production to Boost the Market Development."

One significant trend that has been gaining momentum in the Frozen Meat Market is the focus on sustainable production methods. As environmental concerns continue to grow, consumers are becoming more conscious of the ecological impact of their food choices. This trend is leading to a shift in the way frozen meat is produced and marketed.

Frozen Meat Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Beef, Chicken, Lamb, Pork. Beef being the leading segment of the market by type analysis.

• By Application Analysis

Based on application, the market can be divided into Food Chain Services, Modern Trade, Departmental Stores, Online Stores. Food Chain Services being the leading segment of the market by application analysis.

Driving Factors

"Health and Wellness Trends to Drive the Market Growth"

Consumers are becoming more health-conscious, and they are seeking meat products that are not only convenient but also nutritious. Frozen meat manufacturers are responding to this demand by introducing healthier and more transparent product lines. Low-fat, low-sodium, and organic frozen meat options have gained popularity. These products appeal to consumers who want the convenience of frozen meat while also making healthier dietary choices. The incorporation of clean labeling, where the ingredients are easily recognizable and free from artificial additives, has become a norm in the industry. This alignment with health and wellness trends has been a strong driver in increasing the frozen bottle market share.

"Expansion of Online Retail to Drive the Market Development"

The expansion of online retail has played a significant role in increasing the market share of frozen meat products. E-commerce platforms have become a preferred channel for purchasing frozen meat. The convenience of online shopping, coupled with the ability to access a wide variety of frozen meat products, has attracted consumers. Additionally, the availability of specialized online meat delivery services has further boosted market share. These services provide consumers with high-quality frozen meat products that are often difficult to find in traditional brick-and-mortar stores. The convenience of doorstep delivery and the ability to explore a broader range of products have contributed to the frozen meat market growth.

Restraining Factors

"Regulatory Hurdles to Impede the Market Growth"

As food safety and quality standards continue to evolve, frozen meat producers face the need to adapt their processes and comply with these regulations. Regulatory compliance often entails significant investments in infrastructure and quality control measures. Meeting these standards not only requires financial resources but also the capacity to adapt to changing requirements quickly. Smaller producers, in particular, may struggle to keep up with these regulatory changes, impeding their market growth.

Frozen Meat Market Regional Insights

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"Asia-Pacific to Bolster the Market Share owing to the Demand for Convenient Food Options"

The Asia-Pacific region has witnessed a significant increase in its market share within the global Frozen Meat Market. This growth can be attributed to several factors. First, the region's population is steadily increasing, and with it, the demand for convenient food options, including frozen meat. Furthermore, changing lifestyles and an increase in disposable incomes have led to an increased preference for frozen meat products. As consumers in Asia-Pacific countries become busier and more urbanized, the demand for quick and easy meal solutions is on the rise. Frozen meat fits this need perfectly, as it offers both convenience and a longer shelf life. In addition to changing consumer preferences, the expansion of cold chain infrastructure in the region has contributed to the growth of the Frozen Meat Market. A robust cold chain network is essential for preserving the quality and safety of frozen meat products. The investment in this infrastructure has not only facilitated the distribution of frozen meat within the region but has also opened up opportunities for exports, increasing market share on a global scale.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled Players

• Associated British Foods Plc. (U.K.)
• Ashbourne Meat Processors (Ireland)
• Marfrig Group (Brazil)
• XIEJI (China)
• Rantoul Foods (U.S.)
• Arcadian Organic & Natural Meat Co. (Australia)
• BALTIC FOODS (Lithuania)
• BRF S.A. (Brazil)
• KILCOY PASTORAL COMPANY (Australia)
• Elfab Co (U.K.)
• Kerry Group Plc. (Ireland)
• JBS (Brazil)
• Verde Farms (U.S.)
• Cargill Beef (U.S.)
• KSP (South Korea)
• Patterson Food Processors (U.S.)
• Pilgrim’s Pride Corporation (U.S.)
• Tyson Foods (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.