World Processed Chicken Market - Forecast(2022 - 2027)

Report Code: FBR 54261 Report Format: PDF + Excel

World Processed Chicken Market Overview

World Processed Chicken Market size is forecast to reach $7.8 billion by 2026, growing at a CAGR of 7.0% during the forecast period 2021-2026. When chicken meat is mechanically recovered from a chicken carcass, it is known as processed chicken. Processed chicken is also a combination of chicken meat and skin, leading to the advent of different types of by products like sausage meat, canned meat and chicken nuggets, among others. Over the recent past, consumers have become increasingly aware regarding the benefits of consumption of chicken and its potential nutrient content in the form of macro nutrients like protein and fat, as well as micro nutrients like choline and vitamin B12, which is driving the growth of the market. With almost every major economy trying to adopt processed chicken, processed poultry manufacturers have been progressively taking steps to increase capacities which is set to further enhance the overall market developments of the World Processed Chicken Market for the period 2021-2026.

World Processed Chicken Market Report Coverage

The report: “World Processed Chicken Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the World Processed Chicken Market.

By Product Type: Frozen Chicken Patties, Tenders, Nuggets, Others
By Packaging Method: Vacuum Packaging, Controlled Atmosphere Packaging, Intelligent Packaging, Active Packaging Scavengers, and Active Packaging Indicators
By End User: Restaurants, Food Manufacturers, Retail, Others
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa)

Key Takeaways

  • North America dominated the World Processed Chicken Market in 2020 owing to the continuously expanding consumer base coupled with the concentration of major market competitors in this region. The World Processed Chicken Market scope for different regions will be provided in the final report.
  • Increasing consumption of chicken owing to its health benefits coupled with the ease of procuring, mixing and consuming processed chicken are likely to aid the market growth of the World Processed Chicken Market report.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be World Processed Chicken Market report.
  • Over consumption of processed meat is linked to fatal diseases like cardiac arrest and type 2 diabetes is poised to create the hurdles for the World Processed Chicken Market.

World Processed Chicken Market Revenue Share, By Geography, 2020(%)

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World Processed Chicken Market Segment Analysis – By Product Type

Frozen Chicken Patties segment held the largest share in the World Processed Chicken Market in 2020 and is estimated to grow at a CAGR 6.1% during the forecast period 2021-2026. This is owing to the extensive usage of patties which made gave it a predominant position in the food industry, especially in fast food outlets. The patties over overpower its counterparts because they are assessed on the basis of sensory attributes and physiochemical characteristics like emulsion stability, and cooking yield, thereby attaining a dominant position. However, the usage of nuggets in almost every household across major economies in the recent past because of its crispy flavour and convenience of consumption, is likely to augment the growth of this segment. Nuggets segment is estimated to register the higher CAGR over the period 2021-2026.

World Processed Chicken Market Segment Analysis – By End User

Restaurants segment held the largest share in the World Processed Chicken Market in 2020 and is estimated to grow at a CAGR 6.5% during the forecast period 2021-2026. This is owing to the increasing usage of processed chicken across food services, in almost every form like fine dining and fast food outlets, among others. Processed meat is also used by different confectionaries across all the major economies because of its convenience of consumption and affordability factor. However, the adoption of processed chicken at a residential level is also gaining traction which can be primarily attributed to the wide variety of processed chicken available across various retails, which is likely to bolster the growth of this segment. Retail segment is estimated to register the higher CAGR over the period 2021-2026.

World Processed Chicken Market Segment Analysis – By Geography

North America dominated the World Processed Chicken Market with a major share of 33.6% in 2020. This is attributed to the enormous consumer base throughout this region, who consume processed chicken of all types at frequent intervals. Additionally, North America holds the major concentration of the most prominent market players. This is likely to bolster the market growth of tofu and tofu-based products in this region.

However, Europe is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing number of consumers adopting processed chicken in their meals due to progressive urbanization and ease of consumption of processed chicken. Growing awareness regarding the health benefits associated with the consumption of chicken is also increasing the growth of the market in this region.

World Processed Chicken Market Drivers

Increasing consumption of chicken owing to its health benefits is driving the market growth

Over the recent past, there has been a growing consumption of chicken, let alone processed chicken, throughout all the economies. In the U.S. alone, according to the USDA (United States Department of Agriculture), chicken consumption has increased by 541% since 1910, from around 10.1 pounds per capita to roughly about 70.5 pounds in 2020. Since 1961 the consumption of poultry has more than tripled. The health benefits associated with the consumption of chicken is driving consumers to this specific market. Processed chicken in the form of frozen meat not only helps consumers meet their daily protein needs on-the-go, but also contains antioxidants and vitamin E, which aids against cellular damage, thereby offering a good nutritive value in return of the money. Thus, increasing the growth of the World Processed Chicken Market during the forecast period 2021-2026.

Ease of consumption in the uber busy lifestyle is poised to increase the growth of the market

With the rapid growth of urbanization, people have very limited time to spare on healthy nutrition. This is compelling key market players to come up with innovative on the go food products which will help consumers meet their daily macro nutrient needs within stipulated time period. Processed chicken is used extensively in the form of healthy snacks and food deliveries which can be consumed easily at any time of the day. According to U.S. Census data and Simmons National Consumer Survey (NHCS), in 2020, 128.73 million Americans consumed snacks with processed meat as its main constituent. Thus, increasing the growth of the World Processed Chicken Market during the forecast period 2021-2026.

World Processed Chicken Market Challenges

Over consumption of processed chicken can lead to critical health ailments

Some of the factors that are set to impede the growth of the World Processed Chicken Market owing to the fact that processed chicken is preserved by curing, salting, smoking, drying or canning. Therefore, it contains harmful chemicals which is absent in fresh meat, thereby being linked to various diseases like type 2 diabetes(T2D), cardiovascular disease and cancer, among others. According to Physicians Committee for Responsible Medicine, consuming around 50 grams of processed chicken on a daily basis is likely to maximize the risk of prostate cancer, pancreatic cancer, and overall cancer mortality. Additionally, as per a consensus report of the American Diabetes Association recommends multiple dietary patterns for preventing and managing T2D, majority of which focuses on modest or no consumption of processed meats.

World Processed Chicken Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the World Processed Chicken Market. In 2020, the World Processed Chicken Market share is fragmented by the top ten players present in the market.

Top 10 companies 

1. Cargill
2. Hormel Foods
3. Tyson Foods
4. Novozymes
5. Dow Du Pont
6. Vion Food Group
7. Smithfield foods Inc
8. Hormel Foods Corporation
9. Cherkizovo Group
10. BRF S.A

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1. World Processed Chicken Market- Overview
    1.1 Definitions and Scope
2. World Processed Chicken Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Packaging Method
    2.4 Key trends by End User
3. World Processed Chicken Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. World Processed Chicken Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. World Processed Chicken Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. World Processed Chicken Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. World Processed Chicken Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. World Processed Chicken Market– By Product Type(Market Size –$Million/$Billion)
    8.1 Frozen Chicken Patties
    8.2 Tenders
    8.3 Nuggets
9. World Processed Chicken Market– By Packaging Method(Market Size –$Million/$Billion)
    9.1 Vacuum Packaging
    9.2 Controlled Atmosphere Packaging
    9.3 Intelligent Packaging
    9.4 Active Packaging Scavengers
    9.5 Active Packaging Indicators
10. World Processed Chicken Market– By End User(Market Size –$Million/$Billion)
    10.1 Restaurants
    10.2 Food Manufacturers
    10.3 Retail
11. World Processed Chicken Market- By Geography(Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Mexico
        11.1.3 Canada
    11.2 Europe
        11.2.1 U.K.
        11.2.2 France
        11.2.3 Germany
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. World Processed Chicken Market- Entropy
13. World Processed Chicken Market– Industry/Segment Competition Landscape Premium
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Competition Matrix
        13.1.5 Best Practices for Companies
14. World Processed Chicken Market– Key Company List by Country Premium Premium
15. World Processed Chicken Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Market by Vendors Market 2020-2025 ($M)
1.1 Vendor Profile Market 2020-2025 ($M) - Global Industry Research
1.2 Dynamic of Vendors Market 2020-2025 ($M) - Global Industry Research
2.Global Market by Type Market 2020-2025 ($M)
3.Global Market by End-Use / Application Market 2020-2025 ($M)
3.1 Professional Needs Market 2020-2025 ($M) - Global Industry Research
4.Global Key Manufacturers Market 2020-2025 ($M)
4.1 Product and End-User / Application Market 2020-2025 ($M) - Global Industry Research
4.2 Cargill Market 2020-2025 ($M) - Global Industry Research
4.3 Hormel Foods Market 2020-2025 ($M) - Global Industry Research
4.4 JBS Market 2020-2025 ($M) - Global Industry Research
4.5 NH Foods Market 2020-2025 ($M) - Global Industry Research
4.6 Smithfield Foods Market 2020-2025 ($M) - Global Industry Research
4.7 Tyson Foods Market 2020-2025 ($M) - Global Industry Research
4.8 DuPont Market 2020-2025 ($M) - Global Industry Research
4.9 Associated British Foods Market 2020-2025 ($M) - Global Industry Research
4.10 Koninklijke Market 2020-2025 ($M) - Global Industry Research
4.11 Novozymes Market 2020-2025 ($M) - Global Industry Research
5.Global Market by Vendors Market 2020-2025 (Volume/Units)
5.1 Vendor Profile Market 2020-2025 (Volume/Units) - Global Industry Research
5.2 Dynamic of Vendors Market 2020-2025 (Volume/Units) - Global Industry Research
6.Global Market by Type Market 2020-2025 (Volume/Units)
7.Global Market by End-Use / Application Market 2020-2025 (Volume/Units)
7.1 Professional Needs Market 2020-2025 (Volume/Units) - Global Industry Research
8.Global Key Manufacturers Market 2020-2025 (Volume/Units)
8.1 Product and End-User / Application Market 2020-2025 (Volume/Units) - Global Industry Research
8.2 Cargill Market 2020-2025 (Volume/Units) - Global Industry Research
8.3 Hormel Foods Market 2020-2025 (Volume/Units) - Global Industry Research
8.4 JBS Market 2020-2025 (Volume/Units) - Global Industry Research
8.5 NH Foods Market 2020-2025 (Volume/Units) - Global Industry Research
8.6 Smithfield Foods Market 2020-2025 (Volume/Units) - Global Industry Research
8.7 Tyson Foods Market 2020-2025 (Volume/Units) - Global Industry Research
8.8 DuPont Market 2020-2025 (Volume/Units) - Global Industry Research
8.9 Associated British Foods Market 2020-2025 (Volume/Units) - Global Industry Research
8.10 Koninklijke Market 2020-2025 (Volume/Units) - Global Industry Research
8.11 Novozymes Market 2020-2025 (Volume/Units) - Global Industry Research
9.North America Market by Vendors Market 2020-2025 ($M)
9.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
9.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
10.North America Market by Type Market 2020-2025 ($M)
11.North America Market by End-Use / Application Market 2020-2025 ($M)
11.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
12.North America Key Manufacturers Market 2020-2025 ($M)
12.1 Product and End-User / Application Market 2020-2025 ($M) - Regional Industry Research
12.2 Cargill Market 2020-2025 ($M) - Regional Industry Research
12.3 Hormel Foods Market 2020-2025 ($M) - Regional Industry Research
12.4 JBS Market 2020-2025 ($M) - Regional Industry Research
12.5 NH Foods Market 2020-2025 ($M) - Regional Industry Research
12.6 Smithfield Foods Market 2020-2025 ($M) - Regional Industry Research
12.7 Tyson Foods Market 2020-2025 ($M) - Regional Industry Research
12.8 DuPont Market 2020-2025 ($M) - Regional Industry Research
12.9 Associated British Foods Market 2020-2025 ($M) - Regional Industry Research
12.10 Koninklijke Market 2020-2025 ($M) - Regional Industry Research
12.11 Novozymes Market 2020-2025 ($M) - Regional Industry Research
13.South America Market by Vendors Market 2020-2025 ($M)
13.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
13.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
14.South America Market by Type Market 2020-2025 ($M)
15.South America Market by End-Use / Application Market 2020-2025 ($M)
15.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
16.South America Key Manufacturers Market 2020-2025 ($M)
16.1 Product and End-User / Application Market 2020-2025 ($M) - Regional Industry Research
16.2 Cargill Market 2020-2025 ($M) - Regional Industry Research
16.3 Hormel Foods Market 2020-2025 ($M) - Regional Industry Research
16.4 JBS Market 2020-2025 ($M) - Regional Industry Research
16.5 NH Foods Market 2020-2025 ($M) - Regional Industry Research
16.6 Smithfield Foods Market 2020-2025 ($M) - Regional Industry Research
16.7 Tyson Foods Market 2020-2025 ($M) - Regional Industry Research
16.8 DuPont Market 2020-2025 ($M) - Regional Industry Research
16.9 Associated British Foods Market 2020-2025 ($M) - Regional Industry Research
16.10 Koninklijke Market 2020-2025 ($M) - Regional Industry Research
16.11 Novozymes Market 2020-2025 ($M) - Regional Industry Research
17.Europe Market by Vendors Market 2020-2025 ($M)
17.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
17.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
18.Europe Market by Type Market 2020-2025 ($M)
19.Europe Market by End-Use / Application Market 2020-2025 ($M)
19.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
20.Europe Key Manufacturers Market 2020-2025 ($M)
20.1 Product and End-User / Application Market 2020-2025 ($M) - Regional Industry Research
20.2 Cargill Market 2020-2025 ($M) - Regional Industry Research
20.3 Hormel Foods Market 2020-2025 ($M) - Regional Industry Research
20.4 JBS Market 2020-2025 ($M) - Regional Industry Research
20.5 NH Foods Market 2020-2025 ($M) - Regional Industry Research
20.6 Smithfield Foods Market 2020-2025 ($M) - Regional Industry Research
20.7 Tyson Foods Market 2020-2025 ($M) - Regional Industry Research
20.8 DuPont Market 2020-2025 ($M) - Regional Industry Research
20.9 Associated British Foods Market 2020-2025 ($M) - Regional Industry Research
20.10 Koninklijke Market 2020-2025 ($M) - Regional Industry Research
20.11 Novozymes Market 2020-2025 ($M) - Regional Industry Research
21.APAC Market by Vendors Market 2020-2025 ($M)
21.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
21.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
22.APAC Market by Type Market 2020-2025 ($M)
23.APAC Market by End-Use / Application Market 2020-2025 ($M)
23.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
24.APAC Key Manufacturers Market 2020-2025 ($M)
24.1 Product and End-User / Application Market 2020-2025 ($M) - Regional Industry Research
24.2 Cargill Market 2020-2025 ($M) - Regional Industry Research
24.3 Hormel Foods Market 2020-2025 ($M) - Regional Industry Research
24.4 JBS Market 2020-2025 ($M) - Regional Industry Research
24.5 NH Foods Market 2020-2025 ($M) - Regional Industry Research
24.6 Smithfield Foods Market 2020-2025 ($M) - Regional Industry Research
24.7 Tyson Foods Market 2020-2025 ($M) - Regional Industry Research
24.8 DuPont Market 2020-2025 ($M) - Regional Industry Research
24.9 Associated British Foods Market 2020-2025 ($M) - Regional Industry Research
24.10 Koninklijke Market 2020-2025 ($M) - Regional Industry Research
24.11 Novozymes Market 2020-2025 ($M) - Regional Industry Research
25.MENA Market by Vendors Market 2020-2025 ($M)
25.1 Vendor Profile Market 2020-2025 ($M) - Regional Industry Research
25.2 Dynamic of Vendors Market 2020-2025 ($M) - Regional Industry Research
26.MENA Market by Type Market 2020-2025 ($M)
27.MENA Market by End-Use / Application Market 2020-2025 ($M)
27.1 Professional Needs Market 2020-2025 ($M) - Regional Industry Research
28.MENA Key Manufacturers Market 2020-2025 ($M)
28.1 Product and End-User / Application Market 2020-2025 ($M) - Regional Industry Research
28.2 Cargill Market 2020-2025 ($M) - Regional Industry Research
28.3 Hormel Foods Market 2020-2025 ($M) - Regional Industry Research
28.4 JBS Market 2020-2025 ($M) - Regional Industry Research
28.5 NH Foods Market 2020-2025 ($M) - Regional Industry Research
28.6 Smithfield Foods Market 2020-2025 ($M) - Regional Industry Research
28.7 Tyson Foods Market 2020-2025 ($M) - Regional Industry Research
28.8 DuPont Market 2020-2025 ($M) - Regional Industry Research
28.9 Associated British Foods Market 2020-2025 ($M) - Regional Industry Research
28.10 Koninklijke Market 2020-2025 ($M) - Regional Industry Research
28.11 Novozymes Market 2020-2025 ($M) - Regional Industry Research

LIST OF FIGURES

1.US World Processed Chicken Market Revenue, 2020-2025 ($M)
2.Canada World Processed Chicken Market Revenue, 2020-2025 ($M)
3.Mexico World Processed Chicken Market Revenue, 2020-2025 ($M)
4.Brazil World Processed Chicken Market Revenue, 2020-2025 ($M)
5.Argentina World Processed Chicken Market Revenue, 2020-2025 ($M)
6.Peru World Processed Chicken Market Revenue, 2020-2025 ($M)
7.Colombia World Processed Chicken Market Revenue, 2020-2025 ($M)
8.Chile World Processed Chicken Market Revenue, 2020-2025 ($M)
9.Rest of South America World Processed Chicken Market Revenue, 2020-2025 ($M)
10.UK World Processed Chicken Market Revenue, 2020-2025 ($M)
11.Germany World Processed Chicken Market Revenue, 2020-2025 ($M)
12.France World Processed Chicken Market Revenue, 2020-2025 ($M)
13.Italy World Processed Chicken Market Revenue, 2020-2025 ($M)
14.Spain World Processed Chicken Market Revenue, 2020-2025 ($M)
15.Rest of Europe World Processed Chicken Market Revenue, 2020-2025 ($M)
16.China World Processed Chicken Market Revenue, 2020-2025 ($M)
17.India World Processed Chicken Market Revenue, 2020-2025 ($M)
18.Japan World Processed Chicken Market Revenue, 2020-2025 ($M)
19.South Korea World Processed Chicken Market Revenue, 2020-2025 ($M)
20.South Africa World Processed Chicken Market Revenue, 2020-2025 ($M)
21.North America World Processed Chicken By Application
22.South America World Processed Chicken By Application
23.Europe World Processed Chicken By Application
24.APAC World Processed Chicken By Application
25.MENA World Processed Chicken By Application