Global Ready Chicken Products Market, By Type (Ready to Cook, Ready to Eat), By Product Type (Snacks, Meals, Others), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Independent retailers, Online, Others), By Region, Competition Forecast and Opportunities, 2017-2027
The global ready chicken products market is projected to grow at a significant rate during the forecast period. The growth can be attributed to consumers' increasing personal disposable income and changes in their consumption habits. Shifting consumer preference towards ready-to-eat foods owing to the busy lifestyle of students and working population and growing demand for minimally processed and additive-free foods with extended shelf-life are driving the growth of the global ready chicken products market. Easy availability of ready chicken products throughout the year and growing personal disposable income are expected to positively influence the global ready chicken products market. Adoption of a sedentary lifestyle, increasing working women population, and rising nuclear families in urban areas are anticipated to propel the demand for ready chicken products during the forecast period. Market players are offering greater product offerings with rich ingredients and nutritional value to attract more customers, fueling the growth of the global chicken products market. Ready to eat chicken products come in tightly air-packed packaging to keep the food fresh, and advancements in technology allow foods to be frozen at -30°C to -40°C to preserve the food products for a longer duration and keep intact the major attributes of chicken products such as flavor, color, texture, and taste. Rising internet penetration and increase in consumers’ spending capacity are further proliferating the growth of the ready chicken products market across the globe. The emergence of many online channels worldwide that provide products at affordable products and within the convenience of consumers’ homes is expected to further contribute to the growth of the global chicken products market. Young populations are preferring to eat affordable, healthy, and nutritious foods, which is increasing the demand for ready chicken products.
The global ready chicken products market is segmented based on type, product type, distribution channel, regional distribution, and company. Based on the distribution channel, the market is divided into hypermarkets/supermarkets, convenience stores, independent retailers, online, and others. The online segment is anticipated to register the highest growth in the global ready chicken products market owing to the increasing penetration of smartphones and rising growth of e-commerce channels. Based on region, North America is expected to account for the largest share due to the growing target population in the region and rising awareness about ready meal products.
Major players operating in the global ready chicken products market are Dr. August Oetker Nahrungsmittel KG, Tyson Foods, Inc., Perdue Farms Inc., Conagra Brands, Inc. (Banquet), Foster Farms LLC, Butterball, LLC, Pilgrim's Pride Corporation, Bellisio Foods, Inc., Home Market Foods, Inc., etc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of global ready chicken products market from 2017 to 2021.
- To estimate and forecast the market size of global ready chicken products market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast global ready chicken products market based on product type, application, fuel type, region, and competitive landscape.
- To identify dominant region or segment in the global ready chicken products market.
- To identify drivers and challenges for global ready chicken products market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global ready chicken products market.
- To identify and analyze the profile of leading players operating in the global ready chicken products market.
- To identify key sustainable strategies adopted by market players in the global ready chicken products market.
Report Scope:
In this report, global ready chicken products market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Ready Chicken Products Market, By Type:
- Ready to Cook
- Ready to Eat
- Ready Chicken Products Market, By Product Type:
- Snacks
- Meals
- Others
- Ready Chicken Products Market, By Distribution Channel:
- Hypermarkets/Supermarkets
- Convenience Stores
- Independent Retailers
- Online
- Others
- Ready Chicken Products Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- South America
- Brazil
- Argentina
- Colombia
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the global chicken ready products market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Ready chicken product manufacturing companies/partners
- Suppliers/Distributers
- End-Users
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to global ready chicken products market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global ready chicken products market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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