Global Chicken Product Market Overview:
Chicken products are a varied range of food stuffs which is derived from chicken. These products come in various forms and preparations from fresh chicken cuts to processed chicken products like nuggets, burgers, sausages, etc. The international market for chicken products is growing strongly which is primarily driven by increase in demand for protein-rich foods, along with the affordability and convenience. Further, the popularity of quick and easy-to-prepare foods is increasing worldwide due to working population and busy lifestyle that is expected to fuel growth in global market. However, the market faces challenges from changing consumer preferences towards animal welfare and sustainable practices, as well as a growing vegan population who are choosing plant-based options.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (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 |
Influencing Trend:
Increasing Demand of Ready-to-Eat or Precooked Chicken Products and Innovation in Chicken Products By Offering Different Flavors, Textures and Marinades
Market Growth Drivers:
Growing Demand for Convenient Protein Options Due to Increasing Working Population and Busy Lifestyle and Inclination Towards the Processed Chicken Products Like Nuggets, Tenders, and Pre-Marinated Cuts
Challenges:
Strict Regulations on Antibiotic Use and Animal Welfare Practices May Create Challenges
Restraints:
Shifting Preference Towards the Plant Based Products and Vegan Communities Across the Globe
Opportunities:
Demand of Halal Chicken Products Especially in Islamic Countries
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Tyson Foods, Inc. (United States), JBS S.A. (Brazil), Sanderson Farms, LLC (United States), Perdue Farms (United States), Hormel Foods Corporation (United States), BRF Global (Brazil), Maple Leaf Foods (Canada), Bounty Fresh Food, Inc. (Philippines), Wen's Food Group Co., Ltd. (China), Suguna Foods Private Limited (India), Plukon Food Group (Netherlands) and Koch Foods (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Chicken Product market by 2030. Considering Market by Breed Type, the sub-segment i.e. Broilers will boost the Chicken Product market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Chicken Product market.
What Can be Explored with the Chicken Product Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Chicken Product Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Chicken Product
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Chicken Product market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Chicken Product market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Poultry Farms, Chicken Products Manufacturers, Food Service Providers, Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.