The leading players of processed poultry meat market profiled in the report are JBS SA (Brazil), Pilgrims Pride Corp. (U.S.) Tyson Foods Inc. (U.S.), Sanderson farms. (U.S.), Cargill Inc.(U.S.), etc.
Dallas, TX (PRWEB) November 24, 2014
According to a new market research report, “Processed Poultry Meat & Poultry Meat Processing Equipment Market By Types (Chicken, Turkey, Ducks), By Product Type (Fresh Processed, Raw Cooked, Pre-Cooked, Raw-Fermented, Cured, Dried), By Equipment Types & By Geography - Global Trends & Forecasts to 2018” published by MarketsandMarkets, the global poultry meat market is expected to reach $250,949.5 million by 2018, growing at a CAGR of 5.9% 2018. The poultry processing equipment market is expected to reach $3,974.9 million by 2018, growing at a CAGR of 6.7% .
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Browse 112 market data tables and 37 figures spread through 275 pages and in-depth TOC on “Processed Poultry Meat & Poultry Meat Processing Equipment Market - Global Trends & Forecasts to 2018”.
The processed poultry meat market has drastically grown in the last few decades and the same development is expected to continue. The competition among the major market players is high. Intensive R&D has been done by the major market players to develop new varieties of processed products and for efficient equipment by processing equipment manufacturers.
North America is seen as an important region for the sales of processed poultry meat and poultry meat processing equipments market. The poultry processing equipment market is experiencing a continuous shift from the traditional systems of processing to automated processing systems.
Processed chicken dominates the poultry meat market and is growing faster than other meats during the forecast period. But a steady increase is found in the uptake of turkey meat in Mexico and Brazil in recent years. Duck is also considered as an important provider of meat and eggs in Asia and particularly in China.
The estimated poultry meat consumption is 106 million tons. Of that, 94 million tons is chicken meat. Chicken meat had a share of 84.2% of the total production of poultry meat. Roasted and fried chicken is becoming a favorite meat. Chicken consumption is growing faster than that of the other meats. It takes much less feed to produce a kilo of chicken than an equal quantity of pork or beef.
The fresh-processed poultry meat products are the products that are made by mixing various quantities of animal fat with the muscle poultry meat and the poultry body parts, which are further processed and packed. These are fried or cooked just before their consumption, to make these products more savory. Products included in this category are sausages (which are made by filling fresh-processed poultry meat into some bread casings), patties, kebab, and others. Fresh processed poultry meat is mostly processed in North America region.
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