The Business Research Company’s Meat, Poultry And Seafood Global Market Report 2021 – COVID-19 Impact And Recovery
LONDON, GREATER LONDON, UK, September 30, 2021 /EINPresswire.com/ — World population is growing and is expected to reach 10 billion by 2050. Increase in population creates more demand for food. According to “The Agricultural Outlook” by the OECD and FAO, global cereal production was projected to increase by 13% by 2027. Crop production, farming activities and trade volumes will have to increase in order to meet increased population. Therefore, companies in this market are expected to benefit from rising demand for meat, poultry and seafood products due to rising population, during the forecast period.
The global meat, poultry and seafood market size is expected to grow from $1.39 trillion in 2020 to $1.44 trillion in 2021 at a compound annual growth rate (CAGR) of 3.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The meat, poultry and seafood market is expected to reach $1.91 trillion in 2025 at a CAGR of 7%.
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Major players covered in the global meat, poultry and seafood industry are JBS S.A, Tyson Foods Inc, WH Group Limited, NH Foods, Danish Crown A/S.
TBRC’s global meat, poultry and seafood market report is segmented by type into meat products, poultry, seafood, by distribution channel into supermarkets/hypermarkets, convenience stores, e-commerce, others, by nature into organic, conventional.
Asia Pacific was the largest region in the global meat, poultry and seafood market, accounting for 45% of the market in 2020. Western Europe was the second largest region accounting for 22% of the global market. Africa was the smallest region in the global meat, poultry and seafood market.
Meat, Poultry And Seafood Global Market Report 2021 – By Type (Meat Products, Poultry, Seafood), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce), By Nature (Organic, Conventional), COVID-19 Impact And Recovery is one of a series of new reports from The Business Research Company that provides meat, poultry and seafood market overview, forecast meat, poultry and seafood market size and growth for the whole market, meat, poultry and seafood market segments, and geographies, meat, poultry and seafood market trends, meat, poultry and seafood market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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Here Is A List Of Similar Reports By The Business Research Company:
Organic Meat Products Global Market Report 2021 – By Product Type (Beef, Pork, Mutton, Poultry), By Distribution Channel (Super/Hypermarket, Online Retailers, Meat Shop, Health and Natural Food Stores), By Type (Chilled, Frozen, Canned/Preserved), COVID-19 Growth And Change
Organic Poultry Global Market Report 2021 – By Product Type (Eggs, Meat Products), By Processing Type (Fresh, Frozen, Processed), By End User (Households, Food Services), By Distribution Channels (Supermarkets, Specialty Store, Online Sales), COVID-19 Growth And Change
Seafood Global Market Report 2021 – By Type (Crustaceans, Fish, Other Seafood), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce), By Product Type (Frozen, Dried, Smoked, Canned), By Nature (Organic, Conventional), By Source (Marine, Inland), COVID-19 Impact And Recovery
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