Smoked Meats Market to Reach $62.1 Billion, Globally, by 2033 at 9.5% CAGR: Allied Market Research [Yahoo! Finance]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: Yahoo! Finance
NEW CASTLE, Delaware, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, " by Product Type (Smoked Bacon, Smoked Sausages, Smoked Ham and Smoked Poultry), Source (Pork, Beef, Chicken and Others), and Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail and Specialty Stores): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the smoked meats market was valued at $25.3 billion in 2023, and is estimated to reach $62.1 billion by 2033, growing at a CAGR of 9.5% from 2024 to 2033. Prime Determinants of Growth The smoked meats market is primarily driven by several key factors. The increase in consumer preference for ready-to-eat and convenience food has led to a growing demand for smoked meats. Consumers are increasingly seeking high-quality, flavorful protein options, driving innovations in smoking techniques and product offerings. The expansion of gourmet and premium food segments ha
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HRL
Earnings
- 9/4/24 - Beat
HRL
Sec Filings
- 10/29/24 - Form 4
- 10/29/24 - Form 3
- 10/11/24 - Form 4
- HRL's page on the SEC website