Chicken Flavor Market Size To Reach US$ 870.1 Million by 2028 | Growth Factors, Regional Analysis, Forecast | IMARC Group

IMARC Group, a leading market research company, has recently releases report titled "Chicken Flavor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global chicken flavor market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the Chicken Flavor Market?

The global chicken flavor market size reached US$ 680.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 870.1 Million by 2028, exhibiting a growth rate (CAGR) of 3.98% during 2023-2028.

What are chicken flavor?

A chicken flavor represents a form of yeast extract condiment that gives the taste of the chicken. It is manufactured using real chicken broth and has a low sodium range. A type of yeast extract condiment known as "chicken flavour" imparts the flavour of chicken. It is made with actual chicken broth and is minimal in salt. To enhance and increase the experience of taste, fragrance, odour, and texture, the chicken flavour is frequently added to food products. In frozen dinners, gravies, sauces, broths, soups, and stews, it is frequently utilised. Additionally, chicken flavour is added to food items to give them a distinct flavour and replicate the texture of meat. This extract is consequently widely accessible in powder and liquid forms at numerous supermarkets, hypermarkets, and internet shops.

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What are the growth prospects and trends in the
Chicken Flavor industry?:

The escalating demand for meat-flavored items across the globe and the expanding food and beverage (F&B) industry are among the primary factors driving the chicken flavor market. Besides this, the elevating product requirement for shortcut cooking by individuals preoccupied with employment and education is further augmenting the market growth. Moreover, the introduction of chicken-flavored protein powder and supplements, owing to the rising health-conscious population, is also catalyzing the global market. Apart from this, the launch of frozen and ready-to-eat (RTE) items, on account of the hectic schedules and busy lifestyles of the masses, is acting as another significant growth-inducing factor. Additionally, the leading manufacturers are focusing on developing natural flavors that are minimally processed, do not contain synthetic components, and assist in reducing the harmful effects of chemical additives on the body, which is also stimulating the market growth. Furthermore, the growing popularity of clean-label meals with natural tastes, the increasing product need in fast food joints and cafes, the extensive research and development (R&D) activities, and the inflating expenditure capacities of consumers are anticipated to propel the chicken flavor market over the forecasted period.

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Chicken Flavor Market Report Segmentation 2023-2028:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Givaudan, Hormel Foods Corporation
• ACH Food Companies Inc. (Associated British Foods plc)
• Kent Precision Foods Group Inc. (Kent Corporation)
• Kerry Group plc
• Koninklijke DSM N.V.
• Nestle S.A.
• The J.M. Smucker Company
• The Kraft Heinz Company
• Unilever plc.
• Trailtopia LLC

What is included in market segmentation?

Breakup by Form:

• Liquid
• Powder

Breakup by Nature:

• Organic
• Conventional

Breakup by Packaging:

• Bag
• Bottle
• Box
• Jar
• Can
• Sachets and Pouches
• Others

Breakup by Application:

• Soups and Sauces
• Food and Beverages
• Animal Feed
• Bakery Products
• Confectionery Products
• Others

Breakup by End User:

• Business-to-Business (B2B)
• Business-to-Consumer (B2C)

Breakup By Region:

North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.