Chicken Based Ingredients Industry Size Estimated to Reach $2,982.5 million by 2030
Chicken based ingredients are derived from chicken through a variety of processes, including rendering and extraction. Chicken based ingredients are used to enhance the flavors and textures of the dish. These are also used in pet food and as a food supplement.
Download Sample PDF Of This Report : https://www.alliedmarketresearch.com/request-sample/14195
The rapid evolution of consumer preferences is one of the major factors driving innovation in the food & beverage industry. At the moment, market trends for chicken based ingredients indicate that demand for these ingredients is expected to experience an increase in the coming years, owing to a steady rise in the number of health-conscious people around the world, as well as surge in awareness about the benefits of these ingredients. As a result, in recent years, chicken-based ingredients have grown in popularity.
The key players in the global chicken based ingredients industry include Bare Bones, Borough Broth, Brodo, Broth of Life, Epic Provisions, International Dehydrated Foods Inc., Kettle and Fire Inc., Lonolife, Manischewitz, Pacific Foods of Oregon LLC, Piermen B.V., Proliver, Sanimax, Stara Foods and Symrise AG.
Moreover, over the last decade, a large number of players have gradually entered the global chicken based ingredients market, resulting in the availability of these ingredients for a wide range of applications via various distribution channels. Another factor that has contributed to the popularity of chicken based ingredients in recent years is the digital boom, which has seen brands continue to promote their products via online sales channels such as social media, newsletters, and e-mail marketing. While the global chicken based ingredients market remains competitive, companies are expected to concentrate on packaging, pricing strategies, and marketing strategies to gain a competitive advantage in the current market landscape.
According to chicken based ingredients market analysis, the market is segmented on the basis of type, application, distribution channel, and region. On the basis of type, it is categorized into oil, broth, fat, and protein. As per application, it is divided into food & beverage, animal feed, biodiesel, and food supplement. According to distribution channel, it is fragmented into hypermarkets & supermarkets, convenience stores, specialty stores, and online sales channel. Region-wise, the chicken based ingredients market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Buy This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/6c6b890ee56995ad20dd7c753ed395d8
Various types of chicken based ingredients available in the market include protein powder, broth, fat, oil, bone broth, and protein.
By type, the fat segment was the highest revenue contributor in 2020 attributed to the fact that chicken fat is used in producing oil and protein which is used in food & beverage and food supplements industries.
By application, the food & beverage segment held the largest chicken based ingredients market share as chicken based ingredients are used in various dishes on a large scale. By distribution channel, the specialty stores segment led the market according to chicken based ingredients market forecast, owing to the availability of a large variety of chicken based ingredients in these stores.
Government initiatives to promote agricultural business have increased investment in agribusinesses. This is anticipated to aid in the combat against rise in food demand and may fuel the market for chicken based ingredients. Furthermore, the surge in preference for high protein intake from dietary products has increased the demand for chicken based ingredients, which may provide a positive outlook in this market.
Enquiry for Short-term and Long-term Impacts of COVID-19 at: https://www.alliedmarketresearch.com/purchase-enquiry/14195
In addition, the enhanced use of animal feed is expected to increase the demand for chicken based ingredients. The consumption of chicken based ingredients has increased due to the removal of traditional and cultural barriers, as well as the expansion of fast-food chains, which is expected to fuel the expansion of the market.
On the contrary, the market for chicken based ingredients is expected to be hampered by strict regulations governing quality standards and clean labelling. Furthermore, rise in health consciousness as a result of excessive consumption of chicken based ingredients, as well as surge in consumer awareness of ethical and religious beliefs, are likely to obstruct the growth of the chicken based ingredients market.
Key findings of the study
The global chicken based ingredients market size was valued at $1,364.7 million in 2020, and is projected to reach $2,982.5 million by 2030, registering a CAGR of 8.4% from 2021 to 2030.
By region, North America was the highest revenue contributor, accounting for $449.0 million in 2020, and is estimated to reach $1,055.8 million by 2030, with a CAGR of 9.3%.
By type, the fat segment was the highest contributor to the chicken based ingredients market, with $458.6 million in 2020, and is estimated to reach $1,108.8 million by 2030, at a CAGR of 9.6% during the forecast period.
By application, the food and beverage segment was the highest contributor to the chicken based ingredients market, with $459.5 million in 2020, and is estimated to reach $1,095.2 million by 2030, at a CAGR of 9.4% during the forecast period.
Request For Customization : https://www.alliedmarketresearch.com/request-for-customization/14195
By region, in North America, the U.S. was the highest revenue contributor with $194.0 million in 2020, and is estimated to reach $496.2 Million by 2030, registering a CAGR of 10.2%.
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Toll Free: +1-800-792-5285
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Chicken Based Ingredients Industry Size Estimated to Reach $2,982.5 million by 2030 here
News-ID: 3235399 • Views: 230
More Releases from Allied Market Research
AI in Genomics Market Trends 2023: Predicted to Surpass USD 9.8 Billion by the y …
Major Factors Driving the Growth of AI in Genomics Market: The growing investments in AI in genomics: Public and private investments in AI in genomics are on the rise. This is helping to accelerate the development and adoption of AI-powered genomic analysis tools. The increasing partnerships and collaborations among players: There is a growing trend of partnerships and collaborations among players in the AI in genomics market. This is helping to bring
U.S.A was the most prominent Region in Salmon Market ; Cremaq Group ASA, Leroy S …
According to a new report published by Allied Market Research, titled, "Salmon Market by Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2028," the global Salmon market size is expected to reach $76,145.3 million by 2028 at a CAGR of 3.7% from 2021 to 2028. Get a Sample Copy : https://www.alliedmarketresearch.com/request-sample/12389 Key players operating in the salmon market include Cremaq Group ASA, Leroy Seafood Group ASA, Mowi ASA, SalMar
RADAR Sensor Market Size, Key Drivers and Regional Dynamics | Forecast, 2021-203 …
Allied Market Research published a report on the Radar Sensor Market By Type (Imaging, and Non-Imaging), Range (Short Range, Medium Range, and Long Range), Application (Air Traffic Control, Remote Sensing, Ground Traffic Control, Space Navigation and Control, and Others), and End User (Automotive, Aerospace and Defense, Environment and Weather Monitoring, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030. The global radar sensor market size was valued at $10.63 billion
RF Power Dividers Market Trends, Competitive Landscape, and Dynamics | Forecast, …
Allied Market Research published a report on the RF Power Dividers Market By Type (Resistive, and Reactive), Configuration (Less than 6 Way, 6 Way - 10 Way, and More than 10 Way), Application (Less than 1 W, 1 - 10 W, and More than 10 W), and Industry Vertical (Commercial, Military, Space, Automotive, and Others): Opportunity Analysis and Industry Forecast, 2021-2030. The global RF power dividers market size was valued at
More Releases for Chicken
Best Chicken Raising Equipment Manufacturer
With 35 Years of equipment producing experience, Farming Port focuses on manufacturing, researching, and developing automatic layer, broiler, and pullet raising equipment provides customers with poultry farming solutions, including product research and development, project design, production, installation, and service. We are a professional chicken farming equipment manufacturer, We have our own patent design layer chicken cage products include H type layer chicken cage, A type layer chicken cage, and manual chicken
Fried Chicken Market to Garner Bursting Revenues by 2027 | Call A Chicken, Wings …
The Latest survey report on Global Fried Chicken Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Fried Chicken segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for
2018-2025 Organic Chicken Market Insights and Trends: Major Types (Fresh Organic …
Organic Chicken Market Organic foods are grown and processed differently than conventional agricultural products. Organic chickens receive a balanced diet and clean housing, which helps decrease the propensity of disease. The use of antibiotics and feed made from other animal parts cannot be used in organic chicken farming. The report also analyzes the development proposals and the feasibility of new investments. The Organic Chicken Market report has been collated in order to provide guidance and
Frozen Chicken Market to Witness Huge Growth| Velimir Ivan, Tyson Foods, Farbest …
HTF MI released a new market study on Global Frozen Chicken Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates
HALAL FROZEN CHICKEN OFFERS
Halal Food Market Size, share, Investment Analysis, Top Application, Product and Forecast 2018 to 2025 Mart Research has added a new research report on “Global Halal Food Market – Segmented by End-User Industry and Region – Growth, Trends and Forecasts (2018 – 2025)” to its database. Geographically, Halal Food Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Halal Food in these
Indian Processed Chicken Market Outlook 2022
ReportsWorldwide has announced the addition of a new report title Indian Processed Chicken Market Outlook 2022 to its growing collection of premium market research reports. The Indian processed chicken industry has reported a significant growth in recent years, and is presenting ample opportunities to the industry’s players. With cold storage infrastructure enhancement and rising awareness about packaged processed chicken products, the Indian processed chicken market is poised to scale newer acmes.