Dublin, Jan. 31, 2022 (GLOBE NEWSWIRE) -- The "Chicken based ingredients Market by Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2030" report has been added to ResearchAndMarkets.com's offering.
The global chicken based ingredients market was valued at $1,364.7 million in 2020, and is estimated to reach $2,982.5 million by 2030, registering a CAGR of 8.4% from 2021 to 2030.
Chicken-based ingredients are classified as oil, bone broth, protein, fat, broth, and protein powder. All of these ingredients are used in a variety of industries, including biodiesel, animal feed, pet food, food & beverage, food supplements, and pharmaceuticals.
Chicken consumption and production have increased significantly over the last few decades. This has resulted in increase in sales of chicken-based ingredients. Rise in demand for processed and convenience foods, as well as the incorporation of chicken based ingredients into these products, is projected to drive the chicken based ingredients market during the forecast period.
The poultry industry is dealing with rumors about coronavirus spreading through the consumption of chicken and chicken products. Lockdowns have been declared in some areas to combat the coronavirus pandemic, which has disrupted the movement of vehicles transporting livestock, feed, and feed ingredients. Raw material price volatility, on the other hand, is a major challenge for manufacturers around the world during COVID-19. This had a negative impact on the growth of chicken based ingredients market.
The global chicken based ingredients market is expected to witness increased popularity of online retailing due to factors such as the increase in millennial population, rise in disposable income, and surge in number of urban consumers.
The increased demand for chicken based ingredients in food & beverage, and animal feed industries drives the growth of the market. Chicken-based ingredients are used to make biodiesel because they are less expensive alternatives to oils such as soybean and canola, and they are readily available from butcher shops and food processing companies. Chicken-based ingredients have proven to be a favorable raw material due to its low cost and high yield potential. Furthermore, they are widely used in the production of animal feed and pet meals because they are high in essential fatty acids and thus boost the nutritional value of the feed. This in turn fuels the market expansion.
The chicken based ingredients market is segmented on the basis of type, application, distribution channel, and region. On the basis of type, the market 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, the chicken based ingredients market is fragmented into hypermarkets & supermarkets, convenience stores, specialty stores, and online sales channel. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, France, the Netherlands, Germany, Turkey, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, the UAE, and the rest of LAMEA).
The major players operating in the global chicken based ingredients market are 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.
Key Benefits
- This report provides a quantitative analysis of current trends, estimations, and dynamics of the global chicken based ingredients market from 2021 to 2030 to identify the prevailing market opportunities.
- Porter's five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry. The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players.
- The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies.
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market share analysis/top player positioning, 2020
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Growing preference for nutritious food among consumers
3.5.1.2. Rise in health and fitness related food & beverage
3.5.1.3. Increased demand from downstream industries such as biodiesel, food and beverage, pharmaceutical, and animal feed
3.5.2. Restraints
3.5.2.1. Extraction of oil requires large capital investments
3.5.2.2. Growing concerns about the health effects of excessive chicken fat and oil consumption
3.5.3. Opportunities
3.5.3.1. Expansion of the sales and distribution network
3.5.3.2. Increasing adoption in food industry
3.6. Impact of COVID-19
3.7. Top 10 countries producing chicken (metric tons)
3.8. Top 10 countries exporting chicken ($ Million)
3.9. Top 10 countries importing chicken ($ Million)
CHAPTER 4: CHICKEN BASED INGREDIENTS MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Oil
4.2.1. Overview
4.2.2. Key market trends, growth factors, and opportunities
4.2.3. Market size and forecast
4.3. Broth
4.3.1. Overview
4.3.2. Key market trends, growth factors, and opportunities
4.3.3. Market size and forecast
4.4. Fat
4.4.1. Overview
4.4.2. Key market trends, growth factors, and opportunities
4.4.3. Market size and forecast
4.5. Protein
4.5.1. Overview
4.5.2. Key market trends, growth factors, and opportunities
4.5.3. Market size and forecast
CHAPTER 5: CHICKEN BASED INGREDIENTS MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Food & beverage
5.2.1. Overview
5.2.2. Key market trends, growth factors, and opportunities
5.2.3. Market size and forecast
5.3. Animal feed
5.3.1. Overview
5.3.2. Key market trends, growth factors, and opportunities
5.3.3. Market size and forecast
5.4. Biodiesel
5.4.1. Overview
5.4.2. Key market trends, growth factors, and opportunities
5.4.3. Market size and forecast
5.5. Food supplement
5.5.1. Overview
5.5.2. Key market trends, growth factors, and opportunities
5.5.3. Market size and forecast
CHAPTER 6: CHICKEN BASED INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL
6.1. Overview
6.1.1. Market size and forecast
6.2. Hypermarkets & Supermarkets
6.2.1. Overview
6.2.2. Key market trends, growth factors, and opportunities
6.2.3. Market size and forecast
6.3. Convenience stores
6.3.1. Overview
6.3.2. Key market trends, growth factors, and opportunities
6.3.3. Market size and forecast
6.4. Specialty stores
6.4.1. Overview
6.4.2. Key market trends, growth factors, and opportunities
6.4.3. Market size and forecast
6.5. Online sales channel
6.5.1. Overview
6.5.2. Key market trends, growth factors, and opportunities
6.5.3. Market size and forecast
CHAPTER 7: CHICKEN BASED INGREDIENTS MARKET, BY REGION
CHAPTER 8: COMPETITION LANDSCAPE
8.1. Top winning strategies
8.2. Product mapping
8.3. Competitive dashboard
8.4. Competitive heat map
8.5. Key developments
8.5.1. Partnership
8.5.2. Business Expansion
8.5.3. Product Launch
CHAPTER 9: COMPANY PROFILES
9.1. Bare Bones
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Product portfolio
9.1.5. Key strategic moves and developments
9.2. Borough Broth
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Product portfolio
9.2.5. Key strategic moves and developments
9.3. Epic Provisions
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. R&D Expenditure
9.3.7. Business performance
9.3.8. Key strategic moves and developments
9.4. International Dehydrated Foods, Inc.
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. R&D Expenditure
9.4.7. Business performance
9.5. Kettle and Fire Inc.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Product portfolio
9.5.5. Key strategic moves and developments
9.6. Lonolife Inc
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Product portfolio
9.6.5. Key strategic moves and developments
9.7. Pacific Foods of Oregon LLC
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. R&D Expenditure
9.7.7. Business performance
9.7.8. Key strategic moves and developments
9.8. Piermen B.V.
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Product portfolio
9.9. Proliver
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Product portfolio
9.10. Sanimax
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Product portfolio
For more information about this report visit https://www.researchandmarkets.com/r/5ilg2e
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January 31, 2022 at 06:13PM
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The Worldwide Chicken Based Ingredients Industry is Expected to Reach $2.9 Billion by 2030 - GlobeNewswire
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