The global ready chicken products market is anticipated to witness a growth of an impressive CAGR in the forecast period, 2023-2027. Growing disposable income of consumers, changing consumer consumption habits, and lack of time required to cook food are the primary factors driving the growth of the global ready chicken products market in the forecast period.
Rapid Urbanization and Adoption of Sedentary Lifestyle Drives Market Growth
Ongoing economic and trade activities and rapid globalization has made it possible for global ready chicken products to reach every corner of the world. Long working hours of individuals and rising employment opportunities leave less time for cooking which further boosts the demand for global ready chicken products market in the forecast period. Increasing nuclear families in urban areas, a surge in the population of working women, and the adoption of a sedentary lifestyle fuel the demand for ready-made food products that can be cooked instantaneously without taking up much time in the cooking process. Market players are making innovative ready chicken product offerings, including rich ingredients and nutritional products, and adopting attractive promotional strategies to attract more customers.
Adoption in Packaging Technology Supports the Market Growth
Ready to eat or ready to cook chicken products come in attractive packaging in precooked, prewashed condition to make the cooking process easier for the consumers. These need little preparation or cooking before consumption. Ready chicken products come in tightly air-packed packaging to keep the food fresher for a longer duration. Market players are offering various products for the young population, children, teens, office workers, differing in nutritional value and purchasing power of consumers. Advancements in technology allow the food to be frozen at -30°C to -40°C. It helps preserve the food products for a longer time and keeps intact the major attributes of chicken products such as colors, texture, flavor, and taste. Packaging is done in such a way as to avoid spillage and display vibrant graphics to attract customers to buy ready chicken products.
Proliferation of Online sales Channel Spurs Market Growth
High internet penetration and a rise in consumer expenditure capacity to buy smart devices are fueling the proliferation of online sales channels across the globe. Market players use online sales channels to expand their consumer base and increase their brand visibility. High-end investments by market players for developing interactive mobile applications and websites and advanced technologies such as Big Data analytics, Machine Learning, and Artificial Intelligence for data analysis and generation of customer insights to capture the largest market share. Market players sell their products by providing facilities by quick doorstep facility, payment gateway, and lucrative discounts and offer to boost their sales. Ready chicken products are in high demand among the youth population who prefer to eat nutritious and affordable food.
Market Segmentation
The global ready chicken products market is segmented by type, product type, distribution channel, regional distribution, and
Market Players
Dr. August Oetker Nahrungsmittel KG, Tyson Foods, Inc., Perdue Farms Inc., Conagra Brands, Inc. (Banquet), Foster Farms LLC, Butterball, LLC, Pilgrim's Pride Corporation, Bellisio Foods, Inc., Home Market Foods, Inc., are among the major market players in the global platform that lead the market growth of the global ready chicken products market.
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Type· Application· Distribution Channel |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; |
Key companies profiled | Dr. August Oetker Nahrungsmittel KG, Tyson Foods, Inc., Perdue Farms Inc., Conagra Brands, Inc. (Banquet), Foster Farms LLC, Butterball, LLC, Pilgrim's Pride Corporation, Bellisio Foods, Inc., Home Market Foods, Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, global ready chicken products market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Ready Chicken Products Market, By Type
- Ready to Cook
- Ready to Eat
- Ready Chicken Products Market, By Product Type
- Ready Chicken Products Market, By Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Independent Retailers
- Online
- Others
- Ready Chicken Products Market, By Region
- North America
- United States
- Canada
- Mexico
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
o
- Brazil
- Argentina
- Colombia