Bacon is prepared from cuts of meat. The meat is sold cured, fresh, and sometimes smoked. Bacon enhances the flavors of dishes and is wrapped around lean meats to provide moisture while cooking the meat. It is comparatively versatile when it comes to cooking. It is used to get an exquisitely savory and salty taste. The bacon grease is also applicable to cook or fry other dishes. Bacon is often consumed in breakfast and is served with pancakes, eggs, or waffles. Aside from breakfast, bacon is widely used in sandwiches and hamburgers to enhance their flavor. Depending on certain regions, the taste and texture of bacon varies, such as American-style bacon, Canadian bacon, Irish bacon, and many more.
Increasing consumers demand towards ready-to-eat and ready-to-cook meat products with better quality and taste is driving growth of the global bacon market. In addition, increase in consumer awareness and acceptance, regarding the convenience of meat products, is another important factor boosting growth of the global market. Foodservice outlets have increased their menu options, by offering a wide range of products containing bacon, thereby propelling the global market growth. However, bacon contains a significant amount of fat and sodium, which increases the risk of high blood pressure and heart disease that hampers growth of the global bacon market. Nevertheless, bacon sandwiches are extremely popular amongst youngsters, and this trend creates lucrative opportunities for the global market growth. Sale of bacon sandwiches through retail stores and food outlets has opened new avenues for growth and revenue-generation. This factor has played an integral role in the growth of the global market. Supply chain management and advancements in food processing have helped in procurement of bacon across food units. It is safe to predict that the global bacon market would emerge into a lucrative industry in the coming years. According to data published by IBEF in 2017, India's exports of processed food and related products (including of animal products) grew at a CAGR of 11.74 %, reaching US$ 16.2 billion.
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Mr. Alex (Sales Manager)
Prophecy Market Insights
Phone: +1 860 531 2701
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Contact Us:
Mr. Alex (Sales Manager)
Prophecy Market Insights
Phone: +1 860 531 2701
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