Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
World economic growth, the Smoked Meats Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Smoked Meats market size to maintain the average annual growth rate of 15 from XXX million $ in 2014 to XXX million $ in 2020, Stratagem Market Insights analysts believe that in the next few years, Smoked Meats market size will be further expanded, we expect that by 2026, The market size of the Smoked Meats will reach XXX million $.
Smoked meat is meat that is prepared by exposing the meat to smoke in order to preserve or add flavor to it. It is one of the most common and oldest techniques which involves the hanging of meat or placing it on the chamber that traps smoke produced by hardwood fire. Smoke is basically done to preserve food and kill microbes present in the meat. Moreover, it is also useful in adding flavor to the meat of caramel and other spices and also helps in coating the outside on the meat in 'bark', is a thick crust that formed due to reaction of smoke with moisture on the meat.
Growing consumption of smoked meat and rising demand for processed seafood is predominantly fueling the market growth of smoked meat. According to the report published by FAO agricultural outlook in June 2017, overall world meat production increased by 1.25% to 323 Mt in 2017, with moderate increases in the production of bovine and poultry meats and more modest gains in pig and sheep meat. Moreover, expanding the food industry around the globe is further expected to fuel the market growth of smoked meat over the forecast timeframe.
From the regional point of view, North America is projected to exhibit significant growth over the forecast period and this can be attributed to the rising consumption of meat in the region. According to the Agricultural Insights, in 2017, beef consumption in the U.S climbed to 57 pounds and was projected to increase to more than 59 pounds in 2018. Therefore, rising meat consumption in North America has projected to propel the regional market growth of smoked meat over the forecast period. However, the time-consuming process and high cost of the equipment is expected to hinder the market growth of smoked meat over the forecast timeframe.
Key Developments:
• In July 2019, Quiznos has introduced a mouthwatering new addition to its menu, a Pit-Smoked Brisket sandwich. The Pit-Smoked Brisket sandwich is loaded with savory meat that has been smoked for 13-hours and is topped with cheddar, pickles, red onions, and a sweet and smoky BBQ sauce.
• In December 2019, an Australian cafe has introduced an extreme take on the classic meat pie, complete with sticky 'leather' ketchup and a syringe oozing with cheese. The $29.90 'BBQ Rib Pie', is prepared by using traditional pie base with a whole smoked beef rib on top, is being been lusted after across the country, with many begging the cafe to deliver the dish through popular takeaway service Uber Eats.
This Report covers the manufacturers' data, including shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the World, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information,
Section 1: Definition
Section (2 3): Manufacturer Detail
-- WH Group
-- Hormel
-- Yunrun Group
-- Fratelli Beretta SpA
-- Columbus Foods
-- Peer Foods Group, Inc.
-- Kayem Foods, Inc.
-- Parma
-- Falls Brand and Independent Meat Company
-- Sunnyvalley Smoked Meats, Inc.
-- Prime Smoked
-- Schwartz
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:
-- Fish
-- Pork
-- Beef
-- Poultry
Industry Segmentation:
-- Hotel & Restaurant
-- Barbecue
-- Personal
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2020-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
