Market Forecast By Product Type (Processed Meat, Frozen Meat, Chilled Meat, Canned Meat, Fresh Meat), By Animal Type (Cattle and Buffalo, Pig, Poultry, Sheep and Goat, Other Animals), By Distribution Channel (Business to Consumers (B2C), Modern Groceries, Wet & Butcher Shops, Convenience Stores, Business to Business (B2B), Other Channel) And Competitive Landscape
| Product Code: ETC407854 | Publication Date: Oct 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
| Report Name | Turkey Hams, Shoulders and Cuts of Swine Market |
| Forecast period | 2025-2031 |
| CAGR | 4% |
| Growing Sector | Meat Industry |
The Turkey Hams, Shoulders, And Cuts Of Swine Market report thoroughly covers the market by Animal Type, Product Type, and Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Turkey hams, shoulders, and cuts of swine is expected to witness strong growth during 2025-2031. This can be attributed to the rising demand for protein-rich food products. These meat products are derived from domesticated animals such as turkeys and pigs.
According to 6Wresearch, the Turkey Hams, Shoulders, And Cuts Of Swine Market size is expected to grow at a significant CAGR of 4% during the forecast period. One of the main drivers for the market of turkey hams, shoulders and cuts of swine is the increasing demand for processed meat products. With hectic lifestyles, rising disposable income and a growing preference for convenience foods, there has been a rise in consumption of processed meats. Moreover, the rising trend towards protein-rich diets and health-consciousness among consumers has also contributed to the growth of this market. Turkey hams, shoulders and cuts are considered leaner options compared to traditional pork products, making them popular among fitness enthusiasts.
On the other hand, there are certain challenges that may hinder the growth of this market. One such challenge is the concern over the use of additives and preservatives in processed meats. Additionally, fluctuating prices of raw materials and stringent regulations on food safety standards are also factors that affect the market growth.
The demand for turkey hams and shoulders has been steadily increasing due to their leaner meat compared to traditional pork products. Key players in the Turkey Hams, Shoulders, and Cuts of Swine market include Hormel Foods Corporation, Tyson Foods Inc., Cargill Inc., Smithfield Foods Inc., and JBS S.A. These companies dominate the market for turkey hams and shoulders, with a strong presence in both domestic and international markets. They have also been actively investing in research and development to introduce new products and cater to changing consumer preferences. These key players are focused on offering high-quality products that meet stringent food safety standards, making them trusted brands among consumers.
The government of Turkey has taken several initiatives to boost the market for turkey hams, shoulders, and cuts of swine. One such initiative is the establishment of a dedicated department within the Ministry of Agriculture and Forestry that focuses on promoting the production and consumption of turkey hams, shoulders, and cuts of swine. Additionally, the government has implemented various subsidies and financial support programs for farmers who produce turkey hams, shoulders, and cuts of swine. Moreover, the government has also launched campaigns and awareness programs to promote the consumption of these products among consumers. Furthermore, efforts have been made by the government to improve the distribution channels for these products. This includes building new infrastructure such as storage facilities and cold chain systems, as well as providing subsidies for transportation costs.
The hams, shoulders, and cuts of swine market in Turkey is expected to witness significant growth in the coming years. The demand for these products is driven by factors like increasing consumer preference for high-quality meat products, rising disposable income, and a growing tourism industry. With advancements in technology and changing consumer trends, there has also been a shift towards healthier and more sustainable options in the market. This has led to a rise in demand for organic and locally sourced meat products. These developments indicate a promising future for the hams, shoulders, and cuts of the swine market in Turkey.
According to Ravi Bhandari, Research Head, 6Wresearch, the fresh meat segment is currently experiencing significant growth in the swine and turkey market. This can be attributed to the increasing demand for healthier and more natural food options among consumers.
In terms of animal type, the poultry segment is also showing strong growth potential. With a growing population and rising awareness about the health benefits of poultry products, this segment is expected to continue its upward trend in the coming years.
Based on the Distribution Channel, the business-to-consumer (B2C) segment holds a major share in the swine and turkey market. The convenience and accessibility offered by modern groceries and wet & butcher shops have made them popular among consumers, leading to their continuous growth.
The report provides a detailed analysis of the following market segments: