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Global Meat Products Market Analysis, Opportunities, Forecasts, and Strategies 2016-2021, 2021-2026, & 2026-2031

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Dublin, Aug. 19, 2022 (GLOBE NEWSWIRE) — The “Meat Products Global Market Opportunities And Strategies To 2031: COVID-19 Impact And Recovery” report has been added to ResearchAndMarkets.com’s offering.

This report describes and evaluates the global meat products market. It covers three five-year periods: 2016-2021, termed the historic period, 2021-2026, the forecast period, and 2026-2031 the forecast period.

The global meat products market reached a value of nearly $1,091.4 billion in 2021, having increased at a compound annual growth rate (CAGR) of 9.4% since 2016. The market is expected to grow at a CAGR of 7.2% from 2021 to reach $1,546.0 billion in 2026. The global meat products market is expected to reach $2,094.5 billion in 2031, at a CAGR of 6.3%.

Growth in the historic period resulted from increased demand for flavored meat products, low interest rates, a rise in disposable income, and emerging markets growth. Factors that negatively affected growth in the historic period were shortage of labor and geo-political tensions.

Going forward, a rise in global population and continued technology development are expected to be the major drivers of the market. Factors that could hinder the growth of the meat products market in the future include carcinogenic effects of processed meat, climate change and global warming, increased preference of poultry and impact of COVID-19.

The meat products market is segmented by type into pork, mutton, beef and other meat products. The beef market was the largest segment of the meat products market segmented by type, accounting for 44.5% of the total in 2021. The pork market is expected to be the fastest growing segment, at a CAGR of 8.7% during 2021-2026.

The meat products market is also segmented by distribution channel into supermarkets/hypermarkets, convenience stores, e-commerce, and others. The supermarkets/hypermarkets market was the largest segment of the meat products market segmented by distribution channel, accounting for 50.2% of the total in 2021. The e-commerce market is expected to be the fastest growing segment, at a CAGR of 15.8% during 2021-2026.

The meat products market is also segmented by product type into chilled, frozen and canned/preserved. The canned/preserved market was the largest segment of the meat products market segmented by product type, accounting for 52.7% of the total in 2021. The chilled market is expected to be the fastest growing segment, at a CAGR of 8.1% during 2021-2026.

The meat products market is also segmented by nature into organic and conventional. The conventional market was the largest segment of the meat products market segmented by end-use, accounting for 95.3% of the total in 2021. The organic market is expected to be the fastest growing segment, at a CAGR of 13.9% during 2021-2026.

Asia Pacific was the largest region in the global meat products market, accounting for 50.8% of the total in 2021. It was followed by North America, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the meat products market will be Africa and South America where growth will be at CAGRs of 9.2% and 9.0% respectively.

The meat products market is fairly fragmented with a large number of players in the market. The top ten competitors in the market made up to 12.69% of the total market in 2021. Major players in the market include JBS S.A., Tyson Foods Inc., WH Group, Marfrig Global Foods S.A., Danish Crown and others.

The top opportunities in the meat products market segmented by type will arise in the pork segment, which will gain $248.6 billion of global annual sales by 2026. The top opportunities in the meat products market segmented by distribution channel will arise in the supermarkets/hypermarkets segment, which will gain $216.4 billion of global annual sales by 2026.

The top opportunities in the meat products market segmented by product type will arise in the canned/preserved segment, which will gain $254.9 billion of global annual sales by 2026. The top opportunities in the meat products market by nature will arise in conventional market, which will gain $407.2 billion by 2026. The meat products market size will gain the most in China at $192.6 billion.

Market-trend-based strategies for the meat products market include investing in robotics technology, considering making new ready-to-eat variants, considering producing plant based alternatives to lessen environmental impact, considering integrating 3D imaging systems, investing in virtual reality to increase the efficiency, considering offering online delivery services, considering artificial intelligence technology to increase productivity of meat processing and quality and safety of the meat product, monitoring developments in cultured meat technology, and exploit transformational opportunities from the developments in nanotechnology in the food industry.

Player adopted strategies include strategic acquisition of emerging, strategic partnership, expanding its product portfolio, through establishment of new processing and facilities, enhancing its operational capabilities, and through investments in new automation technologies.

To take advantage of the opportunities, meat products companies should focus on ready-to-eat meals, offer plant-based meat products, invest in robotics technology, increase the use of 3D imaging systems, focus on nanotechnology in meat production, focus extensively on emerging economies, expand in developed markets, offer competitively priced products, target local retail stores and supermarkets, focus on prime shelf positions in stores, leverage social media, focus on offering meat products through online channels and target health-conscious population.

Key Topics Covered:

1. Meat Products Market Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Type
6.3. Segmentation By Distribution Channel
6.4. Segmentation By Product Type
6.5. Segmentation By Nature

7. Meat Products Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Type
7.2.1. Pork
7.2.2. Mutton
7.2.3. Beef
7.2.4. Other Meat Products
7.3. Market Segmentation By Distribution Channel
7.3.1. Supermarkets/Hypermarkets
7.3.2. Convenience Stores
7.3.3. E-Commerce
7.3.4. Others
7.4. Market Segmentation By Product Type
7.4.1. Chilled
7.4.2. Frozen
7.4.3. Canned/Preserved
7.5. Market Segmentation By Nature
7.5.1. Organic
7.5.2. Conventional

8. Meat Products Market, Product/Service Analysis – Product/Service Examples

9. Meat Products Market Supply Chain Analysis
9.1. Raw Material Suppliers
9.2. Manufacturers
9.3. Wholesalers/Distributors
9.4. Retailers
9.5. End-Users

10. Meat Products Market Customer Information
10.1. Reduction In Meat Consumption
10.2. Meat-Eating Drops By 17% Over A Decade In The UK
10.3. Canadians To Reduce Meat Consumption
10.4. Americans Reduce Consumption Of Meat
10.5. Consumer Perceptions of Plant-Based and Clean Meat
10.6. Survey On Plant Alternatives To Meat

11. Meat Products Market Trends And Strategies
11.1. Robotics And Automation In Meat Processing
11.2. Ready-To-Eat Meals
11.3. Rise in Plant-Based Meat Products
11.4. Use of 3D Imaging Systems
11.5. Virtual reality (VR) In Production
11.6. Online Delivery Of Meat Products
11.7. Developing Artificial Intelligence Technology in Meat Processing
11.8. Cultured Meat
11.9. Nanotechnology in Meat Processing

12. Impact Of COVID-19 On The Meat Products Market
12.1. Demand Fluctuations In Different Countries
12.2. Impact on Pork, Beef And Lamb
12.3. Supply Chain Challenges
12.4. Technological Adoption
12.5. Future Outlook

13. Global Meat Products Market Size And Growth
13.1. Market Size
13.2. Historic Market Growth, 2016 – 2021, Value ($ Billion)
13.2.1. Drivers Of The Market 2016 – 2021
13.2.2. Restraints On The Market 2016-2021
13.3. Forecast Market Growth, 2021 – 2026, 2031F Value ($ Billion)
13.3.1. Drivers Of The Market 2021 – 2026
13.3.2. Restraints On The Market 2021 – 2026

14. Meat Products Market, Regional Analysis
14.1. Global Meat Products Market, By Region, Historic and Forecast, 2016 – 2021, 2025F, 2030F, Value ($ Billion)
14.2. Global Meat Products Market, 2016 – 2026, Historic And Forecast, By Region
14.3. Global Meat Products Market, 2021 – 2026, Growth And Market Share Comparison, By Region

15. Global Meat Products Market Segmentation
15.1. Global Meat Products Market, Segmentation By Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Billion)
15.2. Global Meat Products Market, Segmentation By Distribution Channel, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Billion)
15.3. Global Meat Products Market, Segmentation By Product Type, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Billion)
15.4. Global Meat Products Market, Segmentation By Nature, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Billion)

16. Global Meat Products Market Comparison with Macro Economic Factors
16.1. Meat Products Market Size, Percentage Of GDP, Global
16.2. Per Capita Average Meat Products Market Expenditure, Global

Companies Mentioned

  • JBS S.A.
  • Tyson Foods Inc.
  • WH Group
  • Marfrig Global Foods
  • S.A. Danish Crown
  • NH Foods Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/r3rhr0

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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