Frozen Poultry Meat Market Set for Rapid Expansion (2024-2031): Bachoco OK Foods, JBS S.A., New Hope Liuhe Co., Ltd.

Frozen Poultry Meat Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Frozen Poultry Meat market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Frozen Poultry Meat market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Frozen Poultry Meat Market reached US$ 81.21 billion in 2023 and is expected to reach US$ 122.75 billion by 2031, growing with a CAGR of 5.3% during the forecast period 2024-2031.

What is Frozen Poultry Meat Market?

The frozen poultry meat market encompasses the production, distribution, and consumption of frozen chicken, turkey, and other poultry products. This sector is driven by the increasing demand for convenient and long-lasting food options, as frozen poultry offers extended shelf life and ease of storage. Consumers are drawn to the nutritional benefits and versatility of poultry, while restaurants and food service sectors rely on frozen products for consistency and efficiency. The market is influenced by trends in health and wellness, as well as growing awareness of food safety. Additionally, rising disposable incomes and urbanization contribute to the expansion of this market globally.

Growth Driver

Increasing Demand for Protein-Rich Foods

As consumers increasingly focus on health and balanced diets, there is a heightened awareness of the crucial role that protein plays in overall wellness. Poultry, particularly chicken and turkey, is gaining popularity due to its high protein content, making it a preferred choice for those looking for nutritious food options. According to the Food and Agriculture Organization (FAO), poultry meat is projected to make up 41% of all protein sourced from meat globally by 2030, marking a 2% increase from the 2018-2020 baseline.

Key Players:

Profiles of some of the major players in the global Frozen Poultry Meat market, which include Bachoco OK Foods, JBS S.A., New Hope Liuhe Co., Ltd., Sysco, Tyson Foods, Inc., Koch Foods, PERDUE, Foster Farms, Sneha Group, Skylark Hatcheries Pvt. Ltd.

Industry Development:

In March 2024, Moy Park, a leading poultry company, launched four new frozen "fakeaway" products in Asia, featuring offerings like peri peri chicken strips and tempura chicken chunks.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Frozen Poultry Meat market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Type of Poultry: Chicken, Turkey, Duck, Others.

By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.

By End-user: Household, Restaurants, Others.

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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Key Features:

➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.

➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.

➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.

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➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.

➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.

➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.

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➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.

➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.

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