Global Packaged Chicken Market worth USD 29,297.35 Million by 2028

Market Overview:
The Global Packaged Chicken Market size was reasonably estimated to be approximately USD 11,500.00 Million in 2022 and is poised to generate revenue over USD 29,297.35 Million by the end of 2030, projecting a CAGR of around 12.40% from 2022 to 2030.

Chicken, the most prevalent type of poultry worldwide, has gained popularity in various cuisines due to its affordability and ease of raising compared to other livestock like cattle or pigs. It is a highly sought-after food globally, being a rich protein source and a cost-effective alternative to beef and seafood. Chicken can be cooked using various methods, including grilling, roasting, and boiling. In recent times, prepared chicken has also become a popular choice for fast food. Many consider chicken to be a healthier option than red meat due to its lower cholesterol and saturated fat content. The poultry industry varies across different regions, with intensive farming methods commonly used in industrialized countries and more traditional farming practices in less developed areas.

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Top Key Players Covered in The Packaged Chicken Market
• Bell & Evans Organic (US)
• ConAgra Foods (US)
• Tyson Foods(US)
• Pilgrim's Pride (US)
• Venkys (India)
• Koch Foods (US)
• Ingham's Group Limited (Australia)
• Perdue (US)
• Delightful Gourmet Pvt. Ltd. (India)
• Foster Farms (US)
• Springer Mountain Farms (US), and Other Major Players

Market Dynamics:
Driver:
The global packaged chicken market is experiencing growth driven by an increasing demand for packaged chicken food. As consumer lifestyles become busier and more fast-paced, there is a growing preference for convenient and ready-to-eat food options, including packaged chicken products, several factors contribute to the rising demand for packaged chicken food. Firstly, the convenience factor plays a significant role. Packaged chicken products provide consumers with pre-packaged and pre-processed options that require minimal preparation time and effort. This appeals to individuals and families seeking quick and easy meal solutions.

Opportunity:
The rising number of packaged chicken product manufacturers presents an opportunity for growth and innovation in the market. As consumer demand for packaged chicken food increases, new companies are entering the industry to meet this demand, leading to a more competitive marketplace. This increased competition among manufacturers fosters innovation and product development. Each company strives to differentiate itself by offering unique flavors, product varieties, and packaging formats. This results in a wider range of options for consumers, catering to different tastes, dietary preferences, and convenience needs, the growing number of packaged chicken product manufacturers can lead to improved affordability for consumers.

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Segmentation Analysis Of The Packaged Chicken Market
The Packaged Chicken market segments cover Type, Application, and Distribution Channels. By Type, the Frozen segment is Anticipated to Dominate the Market Over the Forecast period.
Storing frozen meat is a common method of conservation. This reduces post-mortem enzyme activity, prevents the spread of microbes, and increases market shelf life. Frozen meat packaged and stored at 0°C is safe to eat. Therefore, frozen meat is often transported overseas or internationally. Some foods and meats are seasonal and only available in a certain region, so the introduction of freezer technology makes it possible to store food all year round and serve it anywhere in the world.
The growing preferences of customers for frozen goods and interest in increasing information and the desire to experience multiple nutritional values are the main business learning. Due to the ease of use and time-saving of the product, the popularity of the market is growing among consumers, especially young professionals.
This is expected to offer potential opportunities in the market with the introduction of new product varieties. Over the past few years, steady economic growth accompanied by a booming mining industry has increased job opportunities and thus increased the average income of consumers. In addition, with fast-paced lifestyles due to the spread of e-commerce and online delivery services, eateries and restaurants around the world rely on frozen meat products to meet the demand for meat dishes which drives the frozen packed chicken demand.
By Type
• Fresh
• Frozen

By Application
• Restaurant
• Household
• Others

By Distribution Channels
• Convenience Store
• Hypermarket and Supermarket
• Specialty Store
• Online Store
• Others

Regional Analysis of The Packaged Chicken Market
North America is Expected to Dominate the Market Over the Forecast Period.
The United States is the largest consumer of chicken in North America. For instance, according to the World Population Review, the United States consumes about 15,000 tons of chicken annually. America adds chicken to almost everything. For example, many people consume chicken wings while watching sporting events. Poultry is also a popular soup ingredient. People even stuff the chicken with other ingredients. That's why chicken is incredibly popular in the United States. Moreover, the fast-paced lifestyle and emerging modern retail industry are a few of the factors driving the growth of packaged chicken in the region.
In North America owing to people's high disposable income, changing eating habits, and hectic lifestyle, along with a preference for ready-to-eat products in this region's countries boosting the growth of the market. For instance, according to Statista, the per capita consumption of meat was highest in North America, as it was roughly 98.5 kilos per person in the period between 2019 to 2021. By comparison, the average person living in Africa consumed about 12.7 kilos per year during the same period.
• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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The Packaged Chicken Market Trend Analysis
Increasing Demand For Packaged Chicken Food
Eating chicken has several health advantages for the body. Niacin, phosphorous, and protein all of which are good for the body are abundant in chicken. Due to greater awareness and accessibility of ready-to-eat food, there is an increase in the demand for packaged food. The packed chicken goes through a number of processing procedures to make it healthier and extend its shelf life. It is liked by homes, eateries, and other eating establishments.

Rising Number Of Packaged Chicken Product Manufacturers
The growing number of packaged chicken producers is indeed an opportunity for the packaged chicken market. The increasing number of manufacturers of packaged chicken products means that consumers have access to a greater variety of products, including fresh, frozen, and processed chicken products. Increased availability can increase demand for packaged chicken products because consumers are more likely to buy them if they are readily available.

Key Industry Developments in the Packaged Chicken Market
In April 2023, Crescent Foods expanded its frozen line for retail, club, and e-commerce. From kababs to casseroles, consumers looking for flexibility with last-minute meals have a new option in the frozen section Crescent Foods Individually Frozen Halal Hand-Cut Boneless Skinless Chicken Thighs. The packaging has been designed to catch shoppers' attention with bright colors; yellow for the chicken thighs and blue for the chicken breasts.

In August 2022, Real Good Foods launched high-protein, low-carb chicken nuggets, and strips. Real Good Foods was expanding into the largest frozen food category, frozen meat and poultry, with a nutritious twist on one of U.S. consumers' favorite foods. Real Good Foods' Breaded Chicken is made from nutritious ingredients and is 100% grain-free and gluten-free, with only 3g-4g net carbs and packed with 23g protein per serving.

Reasons To Purchase The Packaged Chicken Market Report:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography, and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods.

Scope of the Report:
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