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2022

North America Cooked Meat Market by Type (Poultry, Beef, Pork and Others), Breading (Breaded and Unbreaded), Sales Channel (Food Service, Supermarkets/Hypermarkets, Convenience Stores, E-Commerce and Others), product Type (Frozen, Fried and Canned) and Industry Forecast, 2022–2031

A16566
Pages: 176
Jun 2022 | 200 Views
   
Author(s) : Anil Kamble , Roshan Deshmukh
Tables: 74
Charts: 55
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COVID-19

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The North America cooked meat market size was valued at $62,213.3 million in 2021, and is estimated to reach $101,970.0 million by 2031, registering a CAGR of 4.5% from 2022 to 2031.         

The outbreak of the pandemic has negatively affected the North America cooked meat market as food service industry were temporarily closed during the lockdown period and people choose to eat homemade food which further declined the sales growth of cooked meat in 2020. Furthermore, short duration stagnation in export and impart activities, lack of transportation facilities and inaccessible sales channels including hypermarket/supermarket negatively influenced the North America cooked meat market in 2020.

Cooked meat considered in this market is ready-to-eat meat. Ready-to-eat meat is a kind of meat that does not require further processing for consumption. It is serviced or distributed through hotels, restaurants, quick service restaurants, fast food outlets and others. Furthermore, ready-to-eat packaged meat products are also considered in this study. These ready-to-eat packaged meat products are sold through various sales channel such as hypermarket/supermarket, convenience stores and others.

North-America-Cooked-Meat-Market

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There has been an increase in the demand for convenience food items over the years and this growth has been drastic in the U.S. and Canada. Convenient food has become a regular source of nutrition for consumers working in the corporate sector. This increases the adoption of convenience food products including ready-to-eat and ready-to-cook meat and are projected to propel the growth of the North America cooked meat in the market.

Rise in business-related travel and tourism and increase in number of food joints such as hotels & restaurants in North America fuel the growth of the food service industry, which in turn fosters the growth of the cooked meat market. According to the National Restaurant Association, the U.S. restaurant industry sales was $799 billion in 2021, down $65 billion from 2019's pre-pandemic levels. Cross-border investments, experiments & innovations in varieties of cuisines, and growth in travel & tourism industry are anticipated to provide lucrative opportunities for the North America food service industry, which in turn supports the growth of the North America cooked meat market expansion.

North America Cooked Meat Market
By Type

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Poultry segment held the major share of 45.6% in 2021

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Manufacturing costs of cooked meat products are high due to greater labor efforts per unit of output and higher rate of production cost. Furthermore, highly skilled labor are required for manufacturing of cooked meat including chefs of the hotel and restaurants that result in higher costs of the cooked meat.

According to the North America cooked meat market analysis, the market is segmented on the basis of type, breading, sales channel, product type and country. On the basis of type, the North America cooked meat market is categorized into poultry, beef, pork and others. On the basis of breading, the market is segmented into, breaded and unbreaded. By sales channel, market is segregated into food service, supermarkets/hypermarkets, convenience stores, e-commerce and others. On the basis of product type, market is segmented into frozen, fried and canned. Country wise, it is analyzed across the U.S., Canada, and Mexico.

North America Cooked Meat Market
By Breading

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Breaded segment held the major share of 54.2% in 2021

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According to the North America cooked meat market trend, on the basis of type, the pork segment was the significant contributor to the market, with $13,224.6 million in 2021, and is estimated to reach $24,165.6 million by 2031, at a CAGR of 5.6% during the forecast period. Cooked pork meat has a prolonged shelf life and is more convenient. It is widely used in food service industry, restaurants, fast food chains, and hotels. The rise in penetration of fast-food chains such as Burger King, Taco Bell, Domino’s, and others drives the growth of the pork segment in the cooked meat market.

According to the North America cooked meat market analysis, on the basis of breading, the unbreaded segment is estimated to reach $47,479.2 million by 2031, at a CAGR of 4.7% during the forecast period. Increasing use of unbreaded meat on sandwiches and burgers are expected to increase the sales of cooked meat through unbreaded meat segment. Various companies providing unbreaded cooked meat which can be custom with flavor and textured as per consumers’ preference. Thus, above mentioned factors are likely to upsurge the growth of the market.

North America Cooked Meat Market
By Sales Channel

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Food Service segment held the major share of 87.6% in 2021

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According to the North America cooked meat market trend, on the basis of sales channel, the e-commerce segment has been gaining considerable share in North America cooked meat market and is expected to sustain its share during the forecast period. Increased internet penetration and online grocery shopping in the North America and availability of the cooked meat products e-commerce and company owned website platforms are expected to foster the growth of the cooked meat market through e-commerce segment. Consumers now rely on internet to gain information and consider online shopping as the most convenient option. Thus, most of the key cooked meat manufacturers have created their own web portals for selling products, which, in turn, boost the market growth.

North America Cooked Meat Market
By Product Type

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Fried segment held the major share of 63.4% in 2021

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On the basis of product type, the fried segment has been gaining highest share in the market and is expected sustain its share during the forecast period. Fried meat is majorly preferred by the consumers owing to benefits such as enhanced flavor, crispy texture and excellent retention of vitamins and minerals. Fried meat is majorly served through various food service outlets and fried cooked meat products are also available in retail stores and online retail stores. Increasing product launch of the fried meat for direct consumption is further anticipated to propel the demand for cooked meat in North America region.

The major players operating in the market are Bolton Group S.r.l., Goya Foods, Inc., Hormel Foods Corporation, JBS S.A., Koch Foods LLC, Kraft Heinz Company, Link Snacks, Inc., Perdue Farms, Inc., Tyson Foods, Inc. and Yum! Brands, Inc.

North America Cooked Meat Market
By Country

2031
U.s. 
Canada
Mexico

U.S. country held the major share of 80.5% in 2021

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Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current trends, estimations, and dynamics of the market size from 2020–2030 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assist to determine the prevailing market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the North America Cooked Meat market share.
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the North America Cooked Meat industry.

Key Market Segments

  • By type
    • Poultry
    • Beef
    • Pork
    • Others
  • By breading
    • Breaded
    • Unbreaded
  • By sales channel
    • Food Service
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • E-Commerce
    • Others
  • By product type
    • Frozen
    • Fried
    • Canned
  • By North America
    • U.S.
    • Canada
    • Mexico
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rise in demand for convenience food products
3.4.1.2.Growth in food service industry
3.4.1.3.Innovation in existing products facilitated by manufacturers
3.4.1.4.Rise in demand for processed meat and technological advancements facilitate transportation

3.4.2.Restraints

3.4.2.1.High cost of production
3.4.2.2.Processed meat is carcinogenic
3.4.2.3.Meat industry is vulnerable to infectious diseases

3.4.3.Opportunities

3.4.3.1.Premiumization trend provides immense opportunity
3.4.3.2.Rise of social media marketing
3.4.3.3.Growth in preference for organic meat

3.5.Top player positioning (2021)
3.6.Impact of COVID-19 on the North America cooked meat market

CHAPTER 4:NORTH AMERICA COOKED MEAT MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Poultry

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast

4.3.Beef

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast

4.4.Pork

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast

CHAPTER 5:COOKED MEAT MARKET, BY BREADING

5.1.Overview

5.1.1.Market size and forecast

5.2.Breaded

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast

5.3.Unbreaded

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast

CHAPTER 6:NORTH AMERICA COOKED MEAT MARKET, BY SALES CHANNEL

6.1.Overview

6.1.1.Market size and forecast

6.2.Food service

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast

6.3.Supermarkets/Hypermarkets

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

6.4.Convenience stores

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast

6.5.E-Commerce

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast

CHAPTER 7:COOKED MEAT MARKET, BY PRODUCT YPE

7.1.Overview

7.1.1.Market size and forecast

7.2.Frozen

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast

7.3.Fried

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast

7.4.Canned

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast

CHAPTER 8:NORTH AMERICA COOKED MEAT MARKET, BY COUNTRY

8.1.Market Overview

8.1.1.Key market trends, growth factors, and opportunities
8.1.2.Market size and forecast, by country

8.2.U.S.

8.2.1.Market size and forecast, by type
8.2.2.Market size and forecast, by breading
8.2.3.Market size and forecast, by sales channel
8.2.4.Market size and forecast, by product type

8.3.Canada

8.3.1.Market size and forecast, by type
8.3.2.Market size and forecast, by breading
8.3.3.Market size and forecast, by sales channel
8.3.4.Market size and forecast, by product type

8.4.Mexico

8.4.1.Market size and forecast, by type
8.4.2.Market size and forecast, by breading
8.4.3.Market size and forecast, by sales channel
8.4.4.Market size and forecast, by product type

CHAPTER 9:COMPETITION LANDSCAPE

9.1.Overview
9.2.Competitive dashboard
9.3.Competitive heat map
9.4.Product mapping
9.5.Top winning strategies
9.6.Key developments

9.6.1.Acquisition
9.6.2.Business Expansion
9.6.3.Partnership
9.6.4.Product Launch

CHAPTER 10:COMPANY PROFILES

10.1.BOLTON GROUP S.R.L.

10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.Key strategic moves and developments

10.2.GOYA FOODs, INC.

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Product portfolio
10.2.5.Key strategic moves and developments

10.3.HORMEL FOODS CORPORATION

10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D Expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments

10.4.JBS S.A.

10.4.1.Company overview
10.4.2.Key Executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.Business performance

10.5.KOCH FOODS LLC

10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Product portfolio

10.6.KRAFT HEINZ COMPANY

10.6.1.Company overview
10.6.2.Key Executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.R&D Expenditure
10.6.7.Business performance

10.7.LINK SNACKS, INC.

10.7.1.Company overview
10.7.2.Key Executives
10.7.3.Company snapshot
10.7.4.Product portfolio

10.8.PERDUE FARMS, INC.

10.8.1.Company overview
10.8.2.Key Executives
10.8.3.Company snapshot
10.8.4.Product portfolio

10.9.TYSON FOODS, INC.

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.R&D Expenditure
10.9.7.Business performance
10.9.8.Key strategic moves and developments

10.10.YUM! BRANDS, INC.

10.10.1.Company overview
10.10.2.Key Executives
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.Business performance
10.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.NORTH AMERICA COOKED MEAT MARKET, BY TYPE, 2021–2031 ($MILLION)
TABLE 02.NORTH AMERICA POULTRY COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 03.NORTH AMERICA BEEF COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 04.NORTH AMERICA PORK COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 05.NORTH AMERICA OTHERS COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 06.NORTH AMERICA COOKED MEAT MARKET, BY BREADING, 2021–2031 ($MILLION)
TABLE 07.NORTH AMERICA BREADED COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 08.NORTH AMERICA UNBREADED COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 09.NORTH AMERICA COOKED MEAT MARKET, BY SALES CHANNEL, 2021–2031 ($MILLION)
TABLE 10.NORTH AMERICA COOKED MEAT MARKET THROUGH FOOD SERVICE, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 11.NORTH AMERICA COOKED MEAT MARKET THROUGH SUPERMARKETS/HYPERMARKETS, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 12.NORTH AMERICA COOKED MEAT MARKET THROUGH CONVENIENCE STORES, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 13.NORTH AMERICA COOKED MEAT MARKET THROUGH E-COMMERCE, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 14.NORTH AMERICA COOKED MEAT MARKET THROUGH OTHERS, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 15.NORTH AMERICA COOKED MEAT MARKET, BY PRODUCT TYPE, 2021–2031 ($MILLION)
TABLE 16.NORTH AMERICA FROZEN COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 17.NORTH AMERICA FRIED COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 18.NORTH AMERICA CANNED COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 19.NORTH AMERICA COOKED MEAT MARKET, BY COUNTRY, 2021–2031 ($MILLION)
TABLE 20.U.S. COOKED MEAT MARKET, BY TYPE, 2021–2031 ($MILLION)
TABLE 21.U.S. COOKED MEAT MARKET, BY BREADING, 2021–2031 ($MILLION)
TABLE 22.U.S. COOKED MEAT MARKET, BY SALES CHANNEL, 2021–2031 ($MILLION)
TABLE 23.U.S. COOKED MEAT MARKET, BY PRODUCT TYPE, 2021–2031 ($MILLION)
TABLE 24.CANADA COOKED MEAT MARKET, BY TYPE, 2021–2031 ($MILLION)
TABLE 25.CANADA COOKED MEAT MARKET, BY BREADING, 2021–2031 ($MILLION)
TABLE 26.CANADA COOKED MEAT MARKET, BY SALES CHANNEL, 2021–2031 ($MILLION)
TABLE 27.CANADA COOKED MEAT MARKET, BY PRODUCT TYPE, 2021–2031 ($MILLION)
TABLE 28.MEXICO COOKED MEAT MARKET, BY TYPE, 2021–2031 ($MILLION)
TABLE 29.MEXICO COOKED MEAT MARKET, BY BREADING, 2021–2031 ($MILLION)
TABLE 30.MEXICO COOKED MEAT MARKET, BY SALES CHANNEL, 2021–2031 ($MILLION)
TABLE 31.MEXICO COOKED MEAT MARKET, BY PRODUCT TYPE, 2021–2031 ($MILLION)
TABLE 32.BOLTON GROUP S.R.L.: KEY EXECUTIVES
TABLE 33.BOLTON GROUP S.R.L.: COMPANY SNAPSHOT
TABLE 34.BOLTON GROUP S.R.L.: PRODUCT PORTFOLIO
TABLE 35.GOYA FOODS, INC.: KEY EXECUTIVES
TABLE 36.GOYA FOODS, INC.: COMPANY SNAPSHOT
TABLE 37.GOYA FOODS, INC.: PRODUCT PORTFOLIO
TABLE 38.HORMEL FOODS CORPORATION: KEY EXECUTIVES
TABLE 39.HORMEL FOODS CORPORATION: COMPANY SNAPSHOT
TABLE 40.HORMEL FOODS CORPORATION: OPERATING SEGMENTS
TABLE 41.HORMEL FOODS CORPORATION: PRODUCT PORTFOLIO
TABLE 42.HORMEL FOODS CORPORATION: R&D EXPENDITURE, 2019–2021 ($MILLION)
TABLE 43.HORMEL FOODS CORPORATION: NET SALES, 2019–2021 ($MILLION)
TABLE 44.JBS S.A.: KEY EXECUTIVES
TABLE 45.JBS S.A.: COMPANY SNAPSHOT
TABLE 46.JBS S.A.: OPERATING SEGMENTS
TABLE 47.JBS S.A.: PRODUCT PORTFOLIO
TABLE 48.JBS S.A.: NET SALES, 2019–2021 ($MILLION)
TABLE 49.KOCH FOODS LLC: KEY EXECUTIVES
TABLE 50.KOCH FOODS LLC: COMPANY SNAPSHOT
TABLE 51.KOCH FOODS LLC: PRODUCT PORTFOLIO
TABLE 52.KRAFT HEINZ COMPANY: KEY EXECUTIVES
TABLE 53.KRAFT HEINZ COMPANY: COMPANY SNAPSHOT
TABLE 54.KRAFT HEINZ COMPANY: OPERATING SEGMENTS
TABLE 55.KRAFT HEINZ COMPANY: PRODUCT PORTFOLIO
TABLE 56.KRAFT HEINZ COMPANY: R&D EXPENDITURE, 2019–2021 ($MILLION)
TABLE 57.KRAFT HEINZ COMPANY: NET SALES, 2019–2021 ($MILLION)
TABLE 58.LINK SNACKS, INC.: KEY EXECUTIVES
TABLE 59.LINK SNACKS, INC.: COMPANY SNAPSHOT
TABLE 60.LINK SNACKS, INC.: PRODUCT PORTFOLIO
TABLE 61.PERDUE FARMS, INC.: KEY EXECUTIVES
TABLE 62.PERDUE FARMS, INC.: COMPANY SNAPSHOT
TABLE 63.PERDUE FARMS, INC.: PRODUCT PORTFOLIO
TABLE 64.TYSON FOODS, INC.: KEY EXECUTIVES
TABLE 65.TYSON FOODS, INC.: COMPANY SNAPSHOT
TABLE 66.TYSON FOOD, INC.: OPERATING SEGMENTS
TABLE 67.TYSON FOOD, INC.: PRODUCT PORTFOLIO
TABLE 68.TYSON FOOD, INC.: R&D EXPENDITURE, 2019–2021 ($MILLION)
TABLE 69.TYSON FOOD, INC.: NET SALES, 2019–2021 ($MILLION)
TABLE 70.YUM! BRANDS, INC.: KEY EXECUTIVES
TABLE 71.YUM! BRANDS, INC.: COMPANY SNAPSHOT
TABLE 72.YUM! BRANDS, INC.: OPERATING SEGMENTS
TABLE 73.YUM! BRANDS, INC.: PRODUCT PORTFOLIO
TABLE 74.YUM! BRANDS, INC.: NET SALES, 2019–2021 ($MILLION)

LIST OF FIGURES

FIGURE 01.NORTH AMERICA COOKED MEAT MARKET SNAPSHOT, 2021–2031
FIGURE 02.NORTH AMERICA BREADED COOKED MEAT MARKET SNAPSHOT, 2021–2031
FIGURE 03.NORTH AMERICA UNBREDED COOKED MEAT MARKET SNAPSHOT, 2021–2031
FIGURE 04.NORTH AMERICA FOOD SERVICE COOKED MEAT MARKET SNAPSHOT, 2021
FIGURE 05.NORTH AMERICA COOKED MEAT MARKET SEGMENTATION
FIGURE 06.TOP INVESTMENT POCKETS
FIGURE 07.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE BARGAINING POWER OF BUYERS
FIGURE 09.MODERATE THREAT OF SUBSTITUTION
FIGURE 10.HIGH THREAT OF NEW ENTRANTS
FIGURE 11.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 12.COOKED MEAT MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 13.TOP PLAYER POSITIONING (2021)
FIGURE 14.NORTH AMERICA COOKED MEAT MARKET, BY TYPE, 2021 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA POULTRY COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA BEEF COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA PORK COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA OTHERS COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 19.NORTH AMERICA COOKED MEAT MARKET, BY BREADING, 2021 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA BREADED COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA UNBREADED COOKED MEAT MARKET, BY COUNTRY, 2021 & 2031 (%)
FIGURE 22.NORTH AMERICA COOKED MEAT MARKET, BY SALES CHANNEL, 2021 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA COOKED MEAT MARKET THROUGH FOOD SERVICE, BY COUNTRY, 2021 & 2031 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA COOKED MEAT MARKET THROUGH SUPERMARKETS/HYPERMARKETS, BY COUNTRY, 2021 & 2031 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA COOKED MEAT MARKET THROUGH CONVENIENCE STORES, BY COUNTRY, 2021 & 2031 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA COOKED MEAT MARKET THROUGH E-COMMERCE, BY COUNTRY, 2021 & 2031 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA COOKED MEAT MARKET THROUGH OTHERS,  BY COUNTRY, 2021 & 2031 (%)
FIGURE 28.NORTH AMERICA COOKED MEAT MARKET, BY PRODUCT TYPE, 2021 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA FROZEN COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA FRIED COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA CANNED COOKED MEAT MARKET, BY COUNTRY,  2021 & 2031 (%)
FIGURE 32.NORTH AMERICA COOKED MEAT MARKET, BY COUNTRY, 2021 (%)
FIGURE 33.U.S. COOKED MEAT MARKET, 2021–2031 ($MILLION)
FIGURE 34.CANADA COOKED MEAT MARKET, 2021–2031 ($MILLION)
FIGURE 35.MEXICO COOKED MEAT MARKET, 2021–2031 ($MILLION)
FIGURE 36.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 37.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 38.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 39.TOP WINNING STRATEGIES, BY YEAR, 2019–2022
FIGURE 40.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2022 (%)
FIGURE 41.TOP WINNING STRATEGIES, BY COMPANY, 2019–2022
FIGURE 42.HORMEL FOODS CORPORATION: R&D EXPENDITURE, 2019–2021 ($MILLION)
FIGURE 43.HORMEL FOODS CORPORATION: NET SALES, 2019–2021 ($MILLION)
FIGURE 44.HORMEL FOODS CORPORATION: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 45.HORMEL FOODS CORPORATION: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 46.JBS S.A.: NET SALES, 2019–2021 ($MILLION)
FIGURE 47.JBS S.A.: REVENUE SHARE BY BUSINESS UNITS, 2021 (%)
FIGURE 48.KRAFT HEINZ COMPANY: R&D EXPENDITURE, 2019–2021 ($MILLION)
FIGURE 49.KRAFT HEINZ COMPANY: NET SALES, 2019–2021 ($MILLION)
FIGURE 50.KRAFT HEINZ COMPANY: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 51.TYSON FOOD, INC.: R&D EXPENDITURE, 2019–2021 ($MILLION)
FIGURE 52.TYSON FOOD, INC.: NET SALES, 2019–2021 ($MILLION)
FIGURE 53.TYSON FOOD, INC.: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 54.YUM! BRANDS, INC.: NET SALES, 2019–2021 ($MILLION)
FIGURE 55.YUM! BRANDS, INC.: REVENUE SHARE BY SEGMENT, 2021 (%)


 
 

Based on insights of the top CXOs, the changing food consumption behavior, rise in demand for convenience food, increased per capita protein requirement and increased willingness to spend on ready-to-eat food products are expected to propel the growth of the North America cooked meat market during the forecast period. Convenient packaging, prolonged shelf life and ensured quality with taste and texture of cooked meat are encouraging consumers to buy cooked meat through retail channel. Growing health consciousness and awareness regarding healthy food habits and increasing protein requirement among the North America population is propelling the demand for cooked meat products.

In the current business scenario, there is a substantial demand for cooked meat from retail and food service user segment. Poultry meat is comparatively cheaper and contains lower content of saturated fats as compared to pork, beef or goat meat. Owing to economic consideration and increased health awareness, popularity of processed poultry meat has soared in the last couple of years. Chicken is the most preferred type of poultry followed by ducks and turkey for meat consumption. In developed countries such as the U.S, consumption of cooked poultry and beef meat was higher.

However, buyers in these countries shifted toward pork meat as it contains Vitamins B6 and B12 are essential for blood cell formation and brain function. The emerging trend of outbreaks of avian diseases and increased cost of production are the major challenges for cooked meat manufacturers. Companies operating in the cooked meat business are adopting aggressive business strategies such as marketing & promotion and distribution strategies, in order to expand their business. Adoption of such strategies is expected to create stiff competition in the market.

The CXOs further added that e-commerce will play an exceptional role in the growth and development of the cooked meat market. The use of internet technology coupled with growing adoption of smartphones and growing e-commerce platforms will positively and significantly boost the sale of the cooked meat. The growing penetration of various food delivery platforms such as Deliveroo, Grubhub, Dunzo, Faasos, Eatfit, Scootsy, and Zomato, is boosting the sales of cooked meat. The millennia tend to order food from these e-commerce platforms more frequently and hence, it is positively impacting the growth of the cooked meat market across North America region.

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FREQUENTLY ASKED QUESTIONS?
 

A. The North America Cooked Meat market size was valued at $62,213.3 million in 2021.

A. 4.5% is the CAGR of North America Cooked Meat Market.

A. You can request sample report of North America Cooked Meat Market from www.alliedmarketresearch.com or call our sales representatives on +1-800-792-5285 ( U.S. - Canada toll free ), Int'l : +1-503-894-6022, + 44-845-528-1300 ( Europe ). You can drop us an email at help@alliedmarketresearch.com for sample.

A. 2022-2031 is the forecast period in the market report.

A. Bolton Group S.r.l., Goya Foods, Inc., Hormel Foods Corporation, JBS S.A., Koch Foods LLC, Kraft Heinz Company, Link Snacks, Inc. and Perdue Farms, Inc., are some of the top companies in the North America Cooked Meat Market

A. The market is segmented on the basis of type, breading, sales channel, product type and country.

A. Growing demand for convenience food including ready-to-eat and ready-to-cook food and rising popularity for packaged meat snacks are upcoming trends in North America Cooked Meat Market.

A. By country, U.S. country will dominate the market by the end of 2031.

A. COVID-19 Negatively impacted the growth of the market.

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