China Processed Meat Market Size (2024 - 2029)

China Processed Meat Market Analysis

The China Processed Meat Market size is estimated at USD 26.99 billion in 2024, and is expected to reach USD 30.53 billion by 2029, growing at a CAGR of 2.5% during the forecast period (2024-2029).

Chinese consumers consistently demand ready-to-cook and ready-to-eat meat products by maintaining super taste and premium quality. With the outbreak of the COVID-19 virus, the consciousness about health and fitness among the people has increased, and acceptance of convenience food products also increased, which drives the growth of the processed meat market in China. The food & beverages sector in China was the least damaged as consumers were vigorously purchasing processed foods such as frozen pork, beef, and other RTE food items from e-commerce websites as well as from supermarkets and hypermarkets at the time of the COVID-19 pandemic.

Furthermore, innovations in meat processing technologies due to higher consumption rates have led to the introduction of various products in the market that can simultaneously satiate the rising consumer demand and attract new consumers. China accounts for 49% of global pork consumption, with fresh and chilled processed beef being the highest selling beef item in China.

As modern trade channels continue to expand, demand for chilled and frozen pork is expected to rise rapidly in the forecast period. With rising modernization over the country, people are now turning toward western lifestyles, which tend to increase the consumption of bacon and ham items, which are low-temperature meat products. Hence, the rising consumption of pork and beef items with premium quality and deliciousness drives China's processed meat market. Chinese consumers are more concerned about food safety and consuming fresh food at reasonable prices; frozen beef has a considerable market share in China compared to chilled or fresh beef as it costs low.

China Processed Meat Industry Segmentation

Processed meat states to the meat that has been modified with curing, salting, smoking, fermentation, or other procedure to improve its taste and flavor or better preservation. China processed meat market is segmented by meat type into poultry, beef, pork, mutton, and others. By product type, the market is segmented into chilled, frozen, and canned or preserved meat products. Based on distribution channel, the market is segmented into hypermarkets/supermarkets, convenience stores, online retailing, and others. The report offers market size and forecasts for processed meat in Value (USD million) for all the above segments.