Industry Background:
Frozen chicken feet are highly consumed in the European and Asian subcontinent for food and feeding to the pet. Often chicken feet are considered a waste product but in some countries, it is a common cuisine. Foodservice providers are increasingly adopting frozen chicken feet due to their long shelf life compared to fresh chicken feet. Chicken feet contain high collagen content that provides strength and resistance to skin, muscles, bones, and tendons.
According to AMA Research, the market for Frozen Chicken Feet is expected to register a CAGR of 6.6% during the forecast period to 2027. This growth is primarily driven by Surging Demand of Frozen Chicken Feet for Commercial Applications.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Resonnance Exim (India), AK Enterprises (India), AJC International, Inc. (United States), The Rooster Company (Netherlands), GNM Resources (India), Taiba Farms (United Arab Emirates), BRF S.A (Brazil), Frigorifico Andino SA (Chile), Ammar Shammout Ent. (Syria) and Viki d.o.o. (Croatia), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Regulatory Insights:
According to GSO standards, frozen chicken must be produced from healthy, disease and pathogen-free slaughtering broiler chickens. The primarily chilling of chicken should be a maximum of 4°C directly after the removal of visceral organs and washing.
Influencing Trend:
Increasing Use of Claws and Toes for Pet Food or Destruction
Market Growth Drivers:
Surging Demand of Frozen Chicken Feet for Commercial Applications
Challenges:
Less Nutrition Compared to Fresh Chicken Feet
Restraints:
Rising Health Related Problems Due to Frozen Products May Affect the Market
Opportunities:
Increasing Demand for Chicken Feet in the China and Southeast Asia
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Frozen Chicken Feet Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Frozen Chicken Feet Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Frozen Chicken Feet players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Frozen Chicken Feet Study Sheds Light on
The Frozen Chicken Feet Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Frozen Chicken Feet industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Frozen Chicken Feet industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.