Overview of Shelf Stable Frozen and Refrigerated Meat Stock Formats
Shelf stable frozen and refrigerated meat stock formats have become increasingly popular in the food industry due to their convenience, long shelf life, and ease of storage. These products provide consumers with a quick and easy way to add flavor to their dishes without the need for making stock from scratch. In this report, we will explore the differences between shelf stable frozen and refrigerated meat stock formats, their market trends, key players in the industry, and financial data.
Shelf Stable Frozen Meat Stock Formats
Definition and Production Process
Shelf stable frozen meat stock formats are products that have been cooked down to concentrate the flavors and then frozen to extend their shelf life. These products are typically packaged in convenient frozen cubes or pouches, making them easy to store and use when needed. The production process involves simmering meat, bones, vegetables, herbs, and spices in water for an extended period of time to extract the flavors and nutrients.
Market Trends
The market for shelf stable frozen meat stock formats has been growing steadily in recent years, driven by the increasing demand for convenient and healthy food products. Consumers are looking for products that can help them save time in the kitchen without compromising on taste or quality. As a result, many food companies have introduced a wide range of frozen meat stock products to cater to this growing demand.
Key Players
Some of the key players in the shelf stable frozen meat stock market include companies like Swanson, Pacific Foods, and Kitchen Basics. These companies offer a variety of frozen meat stock products in different flavors and packaging formats to suit the needs of their customers. They often use high-quality ingredients and traditional cooking methods to ensure that their products deliver the same level of flavor and nutrition as homemade stock.
Financial Data
The market for shelf stable frozen meat stock formats is expected to continue growing in the coming years, with a projected CAGR of 4.5% from 2021 to 2026. In 2020, the global market size for frozen meat stock was valued at $500 million, with North America accounting for the largest share of the market. The increasing popularity of frozen meat stock products among consumers is expected to drive further growth in the market.
Refrigerated Meat Stock Formats
Definition and Production Process
Refrigerated meat stock formats are products that have been cooked down and packaged in a liquid form, requiring refrigeration to maintain their freshness. These products are often sold in cartons or bottles and can be poured directly into dishes to add flavor. The production process for refrigerated meat stock is similar to that of frozen meat stock, but the product is not frozen and has a shorter shelf life.
Market Trends
The market for refrigerated meat stock formats is also experiencing growth, driven by the increasing demand for fresh and natural food products. Consumers are becoming more conscious of the ingredients in their food and are looking for products that are free from preservatives and additives. Refrigerated meat stock formats provide a convenient and healthy alternative to homemade stock, making them a popular choice among consumers.
Key Players
Some of the key players in the refrigerated meat stock market include companies like College Inn, Imagine Foods, and Bonafide Provisions. These companies offer a variety of refrigerated meat stock products made from high-quality ingredients and traditional cooking methods. They often use organic and natural ingredients to appeal to health-conscious consumers who are looking for clean label products.
Financial Data
The market for refrigerated meat stock formats is expected to grow at a CAGR of 3.8% from 2021 to 2026, with a global market size of $400 million in 2020. North America is the largest market for refrigerated meat stock products, accounting for over 40% of the global market share. The increasing demand for fresh and natural food products is expected to drive further growth in the market.
In conclusion, shelf stable frozen and refrigerated meat stock formats are popular choices among consumers looking for convenient and healthy food products. The market for these products is expected to continue growing in the coming years, driven by the increasing demand for high-quality ingredients and natural flavors. Key players in the industry are introducing a wide range of frozen and refrigerated meat stock products to cater to the diverse needs of their customers.
