Frozen Meat Manufacturing Plant Project Report

Report Overview:

IMARC Group’s report, titled “Frozen Meat Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue” provides a complete roadmap for setting up a frozen meat manufacturing plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc. The frozen meat project report provides detailed insights into project economics, including capital investments, project funding, operating expenses, income and expenditure projections, fixed costs vs. variable costs, direct and indirect costs, expected ROI and net present value (NPV), profit and loss account, financial analysis, etc.

Frozen Meat Market Analysis:

The modern lifestyle is affected by hectic schedules and time constraints, leading to a growing demand for convenient meal solutions. Frozen meats perfectly fit into this narrative by offering a hassle-free option for meal preparation. Consumers can simply thaw the desired portion and cook it without the need for extensive preparation or defrosting time. This convenience appeals to busy individuals and families who seek to minimize cooking time without compromising on the quality or nutritional value of their meals.

The growing awareness about the extended shelf life of frozen meats compared to fresh meats is strengthening the market share. Freezing effectively halts the growth of microorganisms and slows down enzymatic activity, preserving the freshness of the meat for an extended period. This extended shelf life is particularly appealing to consumers who wish to stock up on food supplies, minimize waste, and reduce the frequency of grocery shopping trips.

The ongoing trend of urbanization has profound implications for food consumption patterns, driving the demand for convenient and space-saving food options such as frozen meats. According to Our World in Data, Tokyo in Japan had the world's highest capital city population in 2018, with over 37 million inhabitants. This was followed by Delhi at over 28 million, Mexico at 21 million, and Egypt at 20 million. Urban dwellers typically have limited kitchen space and lead fast-paced lifestyles that leave little time for meal preparation. Frozen meats address these challenges by offering a convenient and compact food solution that can be stored in the freezer until needed.

Frozen Meat Market Trends:

Rising Disposable Income

Rising disposable incomes have allowed consumers to allocate a larger portion of their budgets to food purchases, including premium food products like frozen meats. For example, the household disposable income/capita in Europe improved by 14% during 2013-2021. On the other hand, between 2019 and 2024, the United States witnessed a 1.9% gain in per capita disposable income, which reached $50789 in 2024. With greater purchasing power, people are more inclined to prioritize quality, taste, and nutritional value when selecting food items for themselves and their families. Frozen meats, often perceived as being of superior quality compared to their fresh counterparts, become an attractive option for discerning consumers who seek value for their money. Additionally, higher disposable incomes enable consumers to explore a wider variety of frozen meat options, including premium cuts, organic varieties, and specialty products, further driving growth in the market.

Widespread Expansion of Retail Channels

The expansion of retail channels has been instrumental in driving the growth of the frozen meat market by significantly enhancing accessibility and consumer convenience. Traditionally confined to supermarkets and grocery stores, frozen meats are now available through a diverse array of retail outlets, ranging from hypermarkets and specialty food stores to convenience stores and online platforms. Retail sales increased by 7% in 2022 to reach a total value of USD 4.9 trillion, according to the National Retail Federation. Retail sales are predicted by the NRF to increase by 4% to 6% in 2023, totaling between $5.13 trillion and $5.23 trillion. Beyond this, developing countries such as India are witnessing rapid expansion in the retail sector, which presently represents 10% of the domestic GDP. Furthermore, the IMARC Group projects that between 2024 and 2032, the e-commerce industry will expand at a remarkable rate of 27.16%, reaching a valuation of US$ 183.8 trillion. This proliferation of retail channels has democratized access to frozen meats, making them readily available to a broader demographic of consumers across different geographic regions and socioeconomic backgrounds.

Latest Industry News:

The market is also being driven by increasing investments and capacity expansions:

•  In April 2022, Prasuma announced the launch of its frozen Chicken Nuggets, Frozen Veg and Chicken Spring Rolls, Mutton and Chicken Shammi Kababs, Veg and Chicken Mini Samosas, and Mutton and Chicken Seekh Kababs as well as Bacon to its frozen portfolio. The new product ranges will be available across 70 cities that are part of Prasuma’s geographical.
   

The following aspects have been covered in the frozen meat manufacturing plant report:

• Market Analysis:
  • Market Trends
  • Market Breakup by Segment
  • Market Breakup by Region
  • Price Analysis
  • Impact of COVID-19
  • Market Forecast
     

The report provides insights into the landscape of the frozen meat industry at the global level. The report also provides a segment-wise and region-wise breakup of the global frozen meat industry. Additionally, it also provides the price analysis of feedstocks used in the manufacturing of frozen meat, along with the industry profit margins.

• Detailed Process Flow:
  • Product Overview
  • Unit Operations Involved
  • Mass Balance and Raw Material Requirements
  • Quality Assurance Criteria
  • Technical Tests
     

The report also provides detailed information related to the frozen meat manufacturing process flow and various unit operations involved in a manufacturing plant. Furthermore, information related to mass balance and raw material requirements has also been provided in the report with a list of necessary quality assurance criteria and technical tests.

• Project Details, Requirements and Costs Involved:
  • Land, Location and Site Development
  • Plant Layout
  • Machinery Requirements and Costs
  • Raw Material Requirements and Costs
  • Packaging Requirements and Costs
  • Transportation Requirements and Costs
  • Utility Requirements and Costs
  • Human Resource Requirements and Costs
     

The report provides a detailed location analysis covering insights into the land location, selection criteria, location significance, environmental impact, expenditure, and other frozen meat manufacturing plant costs. Additionally, the report provides information related to plant layout and factors influencing the same. Furthermore, other requirements and expenditures related to machinery, raw materials, packaging, transportation, utilities, and human resources have also been covered in the report.

Capital Expenditure (CapEx) and Operational Expenditure (OpEx) Analysis:

• Project Economics:
  • Capital Investments
  • Operating Costs
  • Expenditure Projections
  • Revenue Projections
  • Taxation and Depreciation
  • Profit Projections
  • Financial Analysis
     

The report also covers a detailed analysis of the project economics for setting up a frozen meat manufacturing plant. This includes the analysis and detailed understanding of frozen meat manufacturing plant costs, including capital expenditure (CapEx), operating expenditure (OpEx), income projections, taxation, depreciation, liquidity analysis, profitability analysis, payback period, NPV, uncertainty analysis, and sensitivity analysis. Furthermore, the report also provides a detailed analysis of the regulatory procedures and approvals, information related to financial assistance, along with a comprehensive list of certifications required for setting up a frozen meat manufacturing plant.

Profitability Analysis:

Report Coverage:

Key Questions Answered in This Report:

• How has the frozen meat market performed so far and how will it perform in the coming years?
• What is the market segmentation of the global frozen meat market?
• What is the regional breakup of the global frozen meat market?
• What are the price trends of various feedstocks in the frozen meat industry?
• What is the structure of the frozen meat industry and who are the key players?
• What are the various unit operations involved in a frozen meat manufacturing plant?
• What is the total size of land required for setting up a frozen meat manufacturing plant?
• What is the layout of a frozen meat manufacturing plant?
• What are the machinery requirements for setting up a frozen meat manufacturing plant?
• What are the raw material requirements for setting up a frozen meat manufacturing plant?
• What are the packaging requirements for setting up a frozen meat manufacturing plant?
• What are the transportation requirements for setting up a frozen meat manufacturing plant?
• What are the utility requirements for setting up a frozen meat manufacturing plant?
• What are the human resource requirements for setting up a frozen meat manufacturing plant?
• What are the infrastructure costs for setting up a frozen meat manufacturing plant?
• What are the capital costs for setting up a frozen meat manufacturing plant?
• What are the operating costs for setting up a frozen meat manufacturing plant?
• What should be the pricing mechanism of the final product?
• What will be the income and expenditures for a frozen meat manufacturing plant?
• What is the time required to break even?
• What are the profit projections for setting up a frozen meat manufacturing plant?
• What are the key success and risk factors in the frozen meat industry?
• What are the key regulatory procedures and requirements for setting up a frozen meat manufacturing plant?
• What are the key certifications required for setting up a frozen meat manufacturing plant?

Report Customization

While we have aimed to create an all-encompassing frozen meat plant project report, we acknowledge that individual stakeholders may have unique demands. Thus, we offer customized report options that cater to your specific requirements. Our consultants are available to discuss your business requirements, and we can tailor the report's scope accordingly. Some of the common customizations that we are frequently requested to make by our clients include:

• The report can be customized based on the location (country/region) of your plant.
• The plant’s capacity can be customized based on your requirements.
• Plant machinery and costs can be customized based on your requirements.
• Any additions to the current scope can also be provided based on your requirements.

Why Buy IMARC Reports?

• The insights provided in our reports enable stakeholders to make informed business decisions by assessing the feasibility of a business venture.
• Our extensive network of consultants, raw material suppliers, machinery suppliers and subject matter experts spans over 100+ countries across North America, Europe, Asia Pacific, South America, Africa, and the Middle East.
• Our cost modeling team can assist you in understanding the most complex materials. With domain experts across numerous categories, we can assist you in determining how sensitive each component of the cost model is and how it can affect the final cost and prices.
• We keep a constant track of land costs, construction costs, utility costs, and labor costs across 100+ countries and update them regularly.
• Our client base consists of over 3000 organizations, including prominent corporations, governments, and institutions, who rely on us as their trusted business partners. Our clientele varies from small and start-up businesses to Fortune 500 companies.
• Our strong in-house team of engineers, statisticians, modeling experts, chartered accountants, architects, etc. has played a crucial role in constructing, expanding, and optimizing sustainable manufacturing plants worldwide.