Market Share of Asia-Pacific Processed Meat Industry
The Asia-Pacific processed meat market is fragmented, with a considerable number of regional small-medium scale players and also key global players. Owing to the rapidly developing market, launching a new product is one of the essential strategies being followed by the players in the region to gain a competitive edge. The players in the market have also been adopting expansion as a critical strategy, followed by mergers and acquisitions. These strategic moves have proven successful for global players seeking to strengthen their presence in the market. Some of the major key players in the processed meat market include BRF SA, Cargill Inc., Cherkizovo Group, Foster Farms, Hormel Foods, Marfrig Group, National Beef, Nippon Meat Packers Inc., Perdue Farms, Pilgrim's Pride, Sadia SA, Sanderson Farms Inc., and Shuanghui International.
APAC Processed Meat Market Leaders
BRF S.A.
Foster Farms
Hormel Foods
Ajinomoto Co., Inc.
Cherkizovo Group
*Disclaimer: Major Players sorted in no particular order
