Meat processors are using advanced x-ray technologies such as Dual Energy X-ray Absorptiometry (DEXA) to measure chemical lean or fat content in meat. DEXA uses two specific x-ray energies (high and low) to measure the amount of x-rays absorbed by meat as it passes through the system, and thus determines the fat content in meat within seconds. DEXA is a highly efficient method of lipid determination for raw, natural meat products and frozen meat. It can also help meat processors to inspect and detect contaminants such as bones, metal, plastic, glass and stones present in meat. Analyzing the fat content of meat enables meat processors to achieve accurate blending targets, reduce inconsistencies in recipe operations and ensure product safety. For example, Teys Australia, a beef processor, has adopted DEXA technology in its beef processing plant in Queensland.
THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL MEAT, POULTRY AND SEAFOOD MARKET TO GROW TO $1.6 TRILLION BY 2021
Asia Pacific was the largest region in the meat, poultry and seafood market in 2017, accounting for nearly one-third of the market share. This was due to the presence of a large number of meat, poultry and seafood manufacturing companies catering to a large customer base in countries such as China and India.
The chart below shows the year-on-year growth of the global meat, poultry and seafood market during 2017– 2021
According to The Business Research Company’s Consultant, Nitin Gianchandani, meat processing companies are offering organic and lean meat products to health-conscious consumers. Organic meat is obtained from livestock feeding based on organic food and other practices such as monitoring feed quality and animal vaccinations and getting it certified by authorized certifying agency. According to the British Journal of Nutrition, organic meat contains 50% more essential Omega-3 fatty acids than conventional meat products. Lean meat contains only 10g of fat per 100g of meat product. Organic and lean meat are available in different types including pork, beef, lamb, poultry and mutton. They are a healthier alternative to traditional meat products. North America holds the largest share in organic meat market, followed by Europe and Asia Pacific. In 2015, organic meat and poultry sales in the U.S. grew 32% to reach $569 million. The major players in organic meat market include Swillington Farms, Riverford Farmers, Arcadian Company, Aurelian Supplier Group, Neat Company, Eversfield and Organic Praire.
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JBS S.A. was the largest player in the meat, poultry and seafood market in 2017, with revenues of $49 billion in 2017. JBS’s growth strategy aims at expanding its operations through mergers and acquisitions. In 2015 the company acquired Cargill Meat’s pork business which includes two pork processing facilities, five pork feeding mills and four hog farms across the USA.
The meat, poultry and seafood industry include establishments involved in animal slaughtering and processing, poultry processing and seafood product preparation and packaging.
Meat, Poultry and Seafood Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $6000 for an individual user. To use across your office, the price is $9000 and $12000 if you wish to use across a multinational company.
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