The frozen meat market is estimated to be valued at USD 24.85 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031. The global frozen meat market has witnessed significant growth over the past few years owing to changing lifestyles and growing demand for convenience food products. Frozen meat products can be stored for longer durations than fresh meat and provide flexibility in terms of consumption. Rapid urbanization coupled with increasing number of working women joining the workforce have boosted the popularity of frozen meat that saves time for cooking. Moreover, frozen meat is often processed and packaged hygienically with proper handling during freezing and transportation, which increases its shelf life without spoiling the taste and nutrients. Various meat products in frozen form such as beef, pork, chicken, and lamb are readily available across supermarkets, hypermarkets, online retail channels as well as restaurants.

Market Dynamics:

The frozen meat market is driven by growing health consciousness among consumers regarding the risk of foodborne illness from fresh meat products. The longer shelf life of frozen meat allows easier transportation and distribution to remote locations, thereby enhancing availability. Significant expansion of the retail landscape including online grocery platforms in recent years has augmented the sales of frozen meat. However, higher prices of frozen meat compared to fresh meat acts as a restraint. Moreover, preference for fresh produce by a section of consumers inhibits the market growth. New product launches with innovative packaging solutions and rising popularity of private label brands present lucrative opportunities. Intensifying competition among distributors and retailers is prompting them to offer frozen meat products at competitive rates.

Key Features of the Study:

• This report provides in-depth analysis of the global frozen meat market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global frozen meat market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Kerry Group Plc, BRF S.A., Verde Farms LLC, JBS S.A., Marfrig Global Foods S.A., Cargill Inc., Tyson Foods Inc., Pilgrim’s Pride Corporation, V H Group., Arcadian Organic and Natural Meat Co., Verde Farms, Xiamen Yinxiang Group Co. Ltd, Allana , AL-Shah Enterprises, Al Aali Exports Pvt. Ltd., and International Agro Foods.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global frozen meat market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Detailed Segmentation-

• By Meat Type:
  • Poultry
  • Beef
  • Pork
  • Seafood
  • Others
• By Distribution Channel:
  • Supermarkets/Hypermarkets
  • Online
  • Convenience Stores
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Kerry Group Plc
  • BRF S.A.
  • Verde Farms LLC
  • JBS S.A.
  • Marfrig Global Foods S.A.
  • Cargill Inc.
  • Tyson Foods Inc.
  • Pilgrim’s Pride Corporation
  • V H Group.
  • Arcadian Organic and Natural Meat Co.
  • Verde Farms
  • Xiamen Yinxiang Group Co. Ltd
  • Allana 
  • AL-Shah Enterprises
  • Al Aali Exports Pvt. Ltd.
  • International Agro Foods