Global Raw Drumstick Market Growth 2024-2030

Global Raw Drumstick Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Raw Drumstick market size was valued at US$ 1782.4 million in 2023. With growing demand in downstream market, the Raw Drumstick is forecast to a readjusted size of US$ 2208.8 million by 2030 with a CAGR of 3.1% during review period.

The research report highlights the growth potential of the global Raw Drumstick market. Raw Drumstick are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Raw Drumstick. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Raw Drumstick market.

Chicken is the most common type of poultry in the world. Owing to the relative ease and low cost of raising them in comparison to animals such as cattle or hogs, chickens have become prevalent throughout the cuisine of cultures around the world, and their meat has been variously adapted to regional tastes. The Raw Chicken Meat industry can be broken down into several segments, Bone-in Cut, Boneless Cut, Whole Chicken, etc. Across the world, the major players cover JBS, Tyson Foods, Cargill, BRF S.A., Mountaire Farms, New Hope, Sunner Development, etc.

According to the Food and Agriculture Organization of the United Nations, food from livestock contributes 34% of protein and 17% of calorie intake in the global diet. With a projected world population of 10 billion by 2050, demand for livestock products is projected to grow by 39%. The OECD estimated that global meat production increased by 5% in 2021 to approximately 339 million tons, and import amount reached 40 million tons. Major meat exporting countries such as Brazil, the European Union and the United States meet most of the import demand. Meat consumption is expected to increase in the coming years as population and per capita income grow. China is the world's largest meat consumer and producer. The China Agricultural Outlook Report (2023-2032) shows that China's meat production and consumption have maintained growth. During the period of next ten years, with the gradual transformation and upgrading of the meat industry, the supply capacity of the livestock and poultry industry will increase, and the output will maintain growth. According to the National Bureau of Statistics, the added value of China's agriculture, forestry, animal husbandry and fishery reached ¥9,258.2 billion in 2022, a year-on-year increase of 4.3%, accounting for 7.65% of GDP. The animal husbandry industry grew steadily throughout the year. The annual output of pork, beef, mutton and poultry was 92.27 million tons, an increase of 3.8% over the previous year.

Key Features:

The report on Raw Drumstick market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Raw Drumstick market. It may include historical data, market segmentation by Type (e.g., Bone-in Drumstick, Boneless Drumstick), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Raw Drumstick market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Raw Drumstick market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Raw Drumstick industry. This include advancements in Raw Drumstick technology, Raw Drumstick new entrants, Raw Drumstick new investment, and other innovations that are shaping the future of Raw Drumstick.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Raw Drumstick market. It includes factors influencing customer ' purchasing decisions, preferences for Raw Drumstick product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Raw Drumstick market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Raw Drumstick market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Raw Drumstick market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Raw Drumstick industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Raw Drumstick market.

Market Segmentation:

Raw Drumstick market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Bone-in Drumstick
Boneless Drumstick

Segmentation by application
Food Service
Retail

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tyson Foods
JBS Foods
Cargill
New Hope
BRF S.A.
Mountaire Farms
Granja Tres Arroyos
Yisheng Livestock & Poultry Breeding
Copacol
Shandong Minhe Animal Husbandry
Bello Alimentos
Faenadora SanVicente

Key Questions Addressed in this Report

What is the 10-year outlook for the global Raw Drumstick market?

What factors are driving Raw Drumstick market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Raw Drumstick market opportunities vary by end market size?

How does Raw Drumstick break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.