The growth of this market is driven by factors such as the growing demand for protein-rich diets, increasing demand for animal-based food products, and the rising consumption of ready-to-eat (RTE) and ready-to-cook (RTC) food products. Moreover, the increasing demand for organic processed meat products is expected to provide market players with significant growth opportunities. However, growing awareness about the benefits of meat alternatives and the carcinogenic effects of processed meat are expected to restrain the growth of this market.
The Meat-based FPP Market is expected to reach $991.58 billion by 2029, at a CAGR of 6.8% during the forecast period of 2022 to 2029.
Here are top 10 companies in Meat-based FPP Market
Founded in 1953 and headquartered in Sao Paulo, Brazil, JBS is one of the world’s largest processors of animal proteins. The company is engaged in processing a wide range of meats, including beef, pork, lamb, chicken, and hides. The company mainly operates through six business segments: Beef, Poultry, Pork, Leather, Swift, and Other Related Business. The company offers meat and processed meat products through its brands such as Friboi, Swift, Seara, Pilgrim’s Pride, Swift Prepared Foods, Plumrose, and Primo. The company also operates with correlated businesses, such as leather, biodiesel, collagen, natural casings for cold cuts, hygiene & cleaning, metal packaging, transportation, and solid waste management solutions.
JBS has more than 450 production units and commercial offices in over 20 countries. The company has its geographical presence across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The company has a headcount of 250,000 employees worldwide.
Founded in 1935 and headquartered in Springdale, U.S., Tyson Foods is engaged in the production of processed food. The company mainly operates through four business segments: Chicken, Beef, Pork, and Prepared Foods.
Through the Chicken segment, the company engages in domestic operations related to raising and processing live chickens into fresh, frozen, and value-added chicken products, as well as sales from allied products. The Beef segment includes operations related to processing live-fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. These beef products are marketed domestically to food retailers, foodservice distributors, restaurant operators, hotel chains, and noncommercial foodservice establishments, such as schools, healthcare facilities, the military, other food processors, and international export markets. This segment also offers specialty products, such as hides and a variety of meats. Furthermore, the Pork segment comprises operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. The Prepared Foods segment manufactures and markets frozen and refrigerated food products.
With its subsidiaries and a strong distribution network in more than 145 countries, the company has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of October 2021, the company had a headcount of 137,000 employees worldwide.
WH Group Limited
Founded in 1958 and headquartered in West Kowloon, Hong Kong, WH Group is a pork processing company. The company is engaged in hog production, hog slaughtering and processing, packaged meats, and packaged meats and fresh pork distribution. The company operates through three business segments: Packaged meat products, Fresh pork, and Hog production. The company provides processed meat products, including sausages, hams, bacon, snacks, deli meats, and salami through its subsidiary brands.
Through its subsidiaries, 101 production facilities, and strong distribution networks, the company has its geographical presence across China, the U.S., and Europe. The company had a headcount of 107,000 employees worldwide.
Founded in 2015 and headquartered in Illinois, U.S., The Kraft Heinz Company is engaged in manufacturing food & beverage. In 2015, Kraft Foods Group, Inc. (‘Kraft’) merged with a wholly-owned subsidiary of H.J. Heinz Holding Corporation (‘Heinz’). Heinz was renamed The Kraft Heinz Company, and H. J. Heinz Company changed its name to Kraft Heinz Foods Company.
The company offers products through six different categories: Taste Elevation, Easy Meals Made Better, Real Food Snacking, Fast Fresh Meals, Easy Indulgent Desserts, and Flavorful Hydration. The company operates through different brands, namely Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones, and Velveeta. The company offers further processed meat products through its brand Food Oscar Mayer.
The company has 79 manufacturing and processing facilities and has its geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of December 25, 2021, the company had a headcount of 36,000 employees worldwide.
Founded in 1891 and headquartered in Minnesota, U.S., Hormel Foods is engaged in the manufacturing and distribution of processed meat and food products. The company also operates in the nuts snack business with its acquired brands. Hormel Foods operates through four business segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. The company offers further processed meat products through its segment Refrigerated Foods (pork, beef, and poultry products) and Jennie-O Turkey Store (turkey products).
The company has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa through its brands. As of October 31, 2021, the company had a headcount of approximately 20,000 employees worldwide.
Meticulous Research in its latest publication on Meat-based FPP Market has predicted the growth of 6.8% during the forecast year 2022–2029.
Established in 1950 and headquartered in Riyadh, Saudi Arabia, Almunajem is engaged in the manufacturing, marketing, and distribution of frozen, chilled, and dry food products. The company’s product portfolio includes nuggets, steak, chicken burgers, sauces, dry fruits, snacks, fresh meat, cheese, and beans. Almunajem offers further processed meat products through its brands Dari and Doux. The company supplies its products to over 18,000 customer outlets, including retail, food services, and wholesale channels.
Through its subsidiaries and 14 branches, the company has its primary presence in Saudi Arabia. The company had a headcount of more than 15,000 employees worldwide.
Tanmiah Food Company
Established in 1962 and headquartered in Riyadh, Saudi Arabia, Tanmiah Food Company is engaged in the manufacturing and distribution of food and agriculture products. The company operates through three segments: Broilers Chicken, Further Processed Meat Products, and Animal Feed and Veterinary Services. The company produces processed poultry and other meat products, including breaded and un-breaded patties, nuggets, wings, mortadella, steak cuts, and other ready-to-eat delicatessen products through its Further Processed Meat Products segment.
Tanmiah Food Company supplies its products to foodservice operators, hotel chains, and other retailers, as well as export markets. The company offers fresh poultry products through its Broilers Chicken segment, and its Animal Feed and Veterinary Services segment deals with the manufacturing and sales of animal feed and animal health products. This segment is also engaged in hatching eggs and selling broiler chicks.
Through its subsidiaries and eight branches across Saudi Arabia, the company has its primary presence in Saudi Arabia. The company has a headcount of more than 2000 employees worldwide.
Founded in 1920 and headquartered in Maryland, U.S., Perdue Farms is engaged in manufacturing food and agriculture products. The company mainly operates through two business segments: Perdue Foods and Perdue AgriBusiness. The company’s Perdue Foods segment offers meat and processed meat products through its brands PERDUE, PERDUE SIMPLY SMART, PERDUE CHICKEN PLUS, PERDUE HARVESTLAND, COLEMAN NATURAL, COLEMAN ORGANIC, NIMAN RANCH, and PANORAMA ORGANIC GRASS-FED MEATS. Its product line includes fresh meat, bacon, hot dogs, sausages, hams, ground beef, BBQ strips, and snacks. The company also provides processed meat products to food services, including hotels, restaurants, colleges, and universities.
The company has its geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa through its subsidiary brands and a strong distribution network.
Founded in 1964 and headquartered in Nottingham, U.K., GCL is engaged in the manufacturing and supplying of food ingredients. The company supplies its products to wholesalers and foodservice restaurants. The company’s product portfolio includes cheese, liquids, meats, pasta, noodles, and vegan products. The company also offers cured meats, cooked meats, meatballs, and sausages.
The company has two production facilities in the U.K. and has its primary presence in the U.K. The company has a headcount of 144 employees worldwide.
Park Food Manufacturing Pte Ltd
Founded in 1986 and headquartered in Singapore, Park food is engaged in manufacturing meatballs. The company’s meatballs products comprise chicken, pork, and beef. The company offers its products through its brand Lion Dance Brand.
Park food has its primary presence in Singapore.
Popular Mentions: Rosina Food Products, Inc. (U.S.), Buona Vita, Inc. (U.S.), and ARASCO (Saudi Arabia).
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