In order to study the many forthcoming movements and patterns prevailing in the global market, Fact.MR has included the latest Forecast report on processed meat market to its vast database. The delivered study offers significant figures about the leading regions and applications which are functioning in the processed meat market forthcoming trends by 2028, along with their market production, consumption, revenue, upcoming industry trends and forecasted market share details. Further, the accomplished market research report also anticipates that the concerned market would grow at a constructive CAGR until 2028.
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Top manufacturers in the processed meat market account for over 30% revenue share, andhave a diverse product portfolio and loyal consumer base across the globe. However, steadily declining meat prices and increasing demand for animal protein products has opened the market wide open, creating opportunities for new entrants. An increasingnumber of start-ups in the processed meat market are gaining momentum by introducing sustainably produced, high-quality processed meat products.
Furthermore, by introducing cost-effective and label-friendly processed meat products on the e-commerce platform,market players are focusing on meeting the considerations of a highly conscious consumers. . While the leading processed meat manufacturers are strengthening their position in the developed market by capitalizing on their wide-spread distributors’ networks, tier II and III companies are expanding their presence in emerging economies with their diverse and economical range of processed meat products.
Steadily Increasing Meat Production and Consumption Complement Processed Meat Market Growth
As diets of modern consumers have become more diverse and richer in high-value protein, demand for livestock products as increased, fueling the global production of meat, which is expected to prove remunerative for processed meat manufacturers. The world meat production increased, albeit steadily, to surpass 330 Mt in 2017, according to a report by the Food and Agriculture Organization. The report further predicts an increase of 48 Mt in the global meat production in the next decade to reach 367 Mt by the end of 2027.
Underpinned by improved economic conditions and herd expansions across the world, increased demand and consumption of meat is likely to boost meat production in the coming years. Manufacturers in the processed meat market are capitalizing on the rise in global meat production to offer competitive prices of processed meat products, and ultimately, gain an edge in the processed meat market.
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Recent changes in consumers’ dietary preferences with changing lifestyle, and growing demand for processed food and resource-intensive animal products are reflected into the growth of the processed meat market. Thereby, manufacturers in the processed meat market are leveraging the recent developments in the processed food industry and consumer inclination towards consumption of animal-based proteins.
Risk of Colorectal Cancer with the Consumption of Processed Meat Hampers Market Growth
A study published by the World Health Organization (WHO)’s International Agency for Research on Cancer (IARC) found the molecular mechanism in processed meat that underlie the carcinogenicity of processed meat, which can increase the risk of colorectal cancer in humans. Taking into consideration the potential risks of processed meat consumption, the American Cancer Society recommends limiting processed meat in the American Cancer Society Guidelines on Nutrition and Physical Activity for Cancer Prevention. Increasing prevalence of lifestyle diseases, including cancer, is encouraging consumers to modify their lifestyle and dietary habits. Thereby, growing awareness about the carcinogenicity of processed meat may impede the growth of the processed meat market in the upcoming years.
Stringent Regulations and High Levies on Processed Meat Products Create Challenges for Manufacturers
The growth prospects of the processed meat market are indirectly influenced by the availability of environmental resources, and high livestock supplies can improve the productivity of processed meat businesses. In order to mitigate the environmental footprint of processed meat products, government organizations have imposed laws and legislation, such as the Paris climate agreement and food safety regulations. The use of various ingredients in processed meat products is regulated by developing stringent food safety laws, such as Federal Food, Drug and Cosmetic Act. Conforming to the strict regulations and high levies can cause a significant rise in operational costs and production costs of processed meat products, which is likely to negatively impact the processed meat market growth prospects.
The global veterinary medicine market size was estimated at USD 29.2 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2021 to 2028.
Veterinary Medicine Market is mainly driven by growing rates of pet ownership, rising chronic diseases, and increasing consumption of meat.
Incidents of animal disease are not only caused naturally but also by human actions.
Similarly, veterinary medicine also includes vaccines, which are used to build immunity in animals against various infectious diseases such as equine influenza (EIV) and parainfluenza 3-respiratory syncytial.
Request a sample @ https://www.grandviewresearch.com/industry-analysis/veterinary-medicine-market/request/rs1The major factors that contribute toward the growth of the veterinary medicine market include rise in number of pet owners and surge in livestock population across the globe.
However, the lack of veterinary infrastructure facilities in underdeveloped nations and stringent regulations associated with medicate feed additives restrict growth of the veterinary medicine market.
SEP 25 2020: The global Environment Health & Safety market size is expected to reach USD 88.39 billion by 2027, according to a new report by Grand View Research, Inc.
Rising public awareness regarding environmental issues over the past few years has resulted in the development of environment protection laws which is expected to drive the market growth.The EHS (environment health & safety) services and software aid companies to meet the standards established by environmental bodies such as Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and Resource Conservation and Recovery Act (RCRA).
Increasing pressure from society and the government on companies to operate in an environment-friendly manner owing to the rising awareness regarding the negative implications of pollution is likely to fuel the growth of the EHS market.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/environmental-health-and-safety-market/request-sampleThe rise in stringent government regulations in U.S. and Europe is likely to boost the demand for environment health and safety significantly.
Hence, major players such as Golder Associates, ERM, and AECOM have gained a competitive edge over other service providers on account of their broad service portfolio and abundant workforce.
Further key findings from the report suggest:The demand for EHS service in wastewater is anticipated to witness a CAGR of 6.7% in terms of revenue, from 2020 to 2027, on account of the increasing number of laws regarding the discharge of wastewater containing zinc, lead, and mercuryConstruction industry is estimated to reach USD 14.09 billion by 2027 owing to the ability to assist construction companies in monitoring their environmental impact along with ensuring the safety of workersEHS software accounted for 3.3% of the market share in terms of revenue in 2019 owing to its ability to assist the EHS market players in risk analysis and taking proactive measures for avoiding unfortunate incidents at the workplaceJapan is estimated to witness a CAGR of 7.6% from 2020 to 2027, in terms of revenue, on account of the rapid industrial growth coupled with the presence of stringent regulations for environmental health and safety in the countryMajor environment health & safety market players follow an integrated approach and provide distribution and fabrication services for custom applications to offer a wide range of products at competitive pricesTo Browse Full Research Report @: https://www.radiantinsights.com/research/environmental-health-and-safety-marketTable of ContentsChapter 1.
Secondary Sources & Third-Party Perspectives1.3.4.
Despite of the declining birth rates in developed nations, a rapidly surging number of working women has hugely contributed to the recent rise in demand for nutritional supplements and growing up milk products.
Parents are majorly relying on growing up milk products to meet the nutritional needs of toddlers to ensure that they grow strong.
Furthermore, market players are expanding the range of their target consumers by introducing growing up milk products for older infants to meet the burgeoning demand for nutritional supplements for toddlers.Request 100 Page Sample Report from Here - https://www.factmr.com/connectus/sample?flag=S_id=2375Burgeoning Birth Rates in the Asia-Pacific Provide a Fillip to Growing Up Milk Product Sales in the RegionAccording to the National Health and Family Planning Commission (NHFPC) statistics, after China dropped its one-child policy, the number of births in the country increased by 7.9% to reach 17.86 million in 2015 over 2014, and the number is likely to stand between 17-20 million in 2020.
Manufacturers in the growing up milk market are aiming to capitalize on the growing concerns among parents about the importance of toddler health to amplify sales of growing up milk products in the region, in the foreseeable future.Governmental Resistance Towards Breast Milk Substitutes Impedes Growing Up Milk Market GrowthThe marketing strategies adopted by leading manufacturers and distributors in the growing up milk market have invited criticism from governmental organizations, including the World Health Organization (WHO).
For example, WHO declared in one of its official statements that follow-up formula products are “unnecessary” and “unsuitable” for the growth and development of toddlers.Additionally, the European Commission has imposed stringent regulations, such as Commission Directive 2013/46/EU on follow-up formula products.
The Commission also modified to labelling requirements for substitutes for breast milk by delegating the Regulation (EU) 2016/127, which is likely to come in effect in 2020.
The global Biolubricants Market is anticipated to rise at a staggering CAGR during the forecast period.
Lubricant serves the purpose of lubrication for various mechanical and power-driven components.
The conventional lubricant is a form of petroleum-based feedstock that leads in serious environmental impact and disturbs the ecological system.
In order, to reduce the dependency, development of sustainable alternatives such as biolubricants serve as a major source of power.
Therefore, biolubricants are prepared using sunflower oil, palm oil and coconut oil and animal fats.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/biolubricants-market/request-sample The key driving factors responsible for the growth of Biolubricants market : Bio-lubricants industry is highly segmented into application and end-use.
The global nitric acid market size is projected to reach USD 31.1 billion by 2027, according to a new report by Radiant Insights, Inc., registering a CAGR of 3.3% over the forecast period.
Government regulations to curb carbon emission have paved the way for the use of nylon to produce plastics and fabrics as a replacement to heavy alternatives, thereby reducing fuel consumption and simultaneously decreasing emission levels.
Download Free Sample Report @ https://www.radiantinsights.com/research/nitric-acid-market/request-sample Furthermore, one of the most important applications of nitric acid is fertilizer composition.
Moreover, urea ammonium nitrate is derived from the chemical and finds application in formulating explosives and fertilizers.
Major countries of the Asia Pacific region are agrarian economies, which subsequently leads to a high product demand for fertilizer manufacturing across countries such as India, Indonesia, and Thailand.
Therefore, the implementation of strict laws against the usage of synthetic chemical products for farming is likely to decrease the demand for nitric acid in the agricultural sector.
