The
growing demand for modern and flexible preservation technologies in
the food processing industry has led to evolution of the individual
quick freezing (IQF) market for meat and poultry. In a report penned
by Transparency Market Research (TMR), titled “IQF Meat and Poultry
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2016–2024”, the burgeoning demand for frozen meat and
poultry in emerging and developed nations has paved the way for large
investments in freezing technologies, thereby boosting the market.
The research offers comprehensive assessment of key factors and
trends influencing the dynamics of the IQF
meat and poultry market. The study provides an elaborate
account of key drivers and restraints, emerging opportunities, major
advancements, recent developments in packaging technology, and
competitive landscape.
The
growing demand for packaged meat and poultry with longer shelf-life
is a key factor driving the IQF meat and poultry market. The advent
of individual quick freezing technology helps in the quick freezing
of individual pieces of food products as compared to bulk freezing.
Meat and poultry products are increasingly prone to infection by
salmonella, E. coli, and listeria, which causes degradation in taste
and flavor. This has propelled the demand for advanced freezing
technologies.
This
has fueled the popularity of IQF technology as compared to block
freezing. The application of premium quality plastic bags and
containers to be used in IQF to prevent rancidity is expected to
catalyze the IQF meat and poultry market. The use of carbon dioxide
(CO2) or liquid nitrogen (N2) helps in maintaining temperatures as
low as - 40°C. The convenience of freezing minced meat and sticky
marinated meat over long durations is expected to fuel the IQF meat
and poultry market.
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Constant
improvements in various technologies used in IQF is a key factor
accentuating the market. Perforated bed plates and mono-block designs
in IQF freezers are some of the recent innovations expected to
catalyze the market growth. Recent enhancement in the storage
equipment has allowed for better cleaning and disinfection of meat
and poultry products, thereby accentuating the IQF meat and poultry
market.
Geographically,
North America is one of the prominent markets for IQF meat and
poultry, with the major demand coming from the U.S. and Canada. The
substantial uptake of the IQF technologies for meat and poultry is
driven by marked advancements in freezing methods such as cryogenic
freezing. Furthermore, the rising preference of consumers toward
packaged and convenience meat products is boosting the regional
market. Meanwhile, Asia Pacific is expected to offer abundant
opportunities for market players to capitalize on in the coming
years. The impressive growth in this regional market is driven by the
rapidly growing demand for packaged food products and substantial
advancements in cold-storage infrastructure.
Several
companies are offering advanced and automated freezing technologies
that reduce transportation cost, preserve food quality, and help
producers of meat and poultry to cover new markets. Major companies
vying for a significant share in the IQF meat and poultry market
include Unitemps, Kühne + Heitz, Findus Group, Alm Group, Waltloo
Meat & Chicken, Pinnacle Foods, Inc., Forrester (Sales) Ltd, and
The Linde Group.
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