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The report studies the Global Frozen Chicken Market and its key trends and developments. The report also provides a detailed analysis of the competitive landscape and strategies of the top players.
It focuses on the key Global and regional players delivering a wide range of frozen chicken breast, with information on their product portfolios, sales channels and markets. The report also identifies key segments and regions exhibiting promising growth.
The global frozen chicken market has witnessed tremendous growth during the past few years. The growth is mainly attributed to the rising demand for chicken meat and changing dietary habits among consumers. The increasing awareness of health benefits associated with the consumption of poultry meat is also expected to fuel the growth of this market during the forecast period.
Moreover, technological advancements in the field of food processing that enable the production of frozen products to extend the shelf life of such products have contributed to the growth of this industry. The growing working population, increasing per capita income in developing countries, and the growing preference for convenience foods are also anticipated to propel the market during the forecast period.
In terms of value, China led the global frozen chicken cut imports market, accounting for 23% of the total volume of shipments worldwide in 2021. The second position was held by Japan, with a 7.7% share of the overall volume. Other leading importing countries included the United Arab Emirates, with a 3% share, and Thailand, which had a 2% share.
From 2012 to 2021, the global frozen chicken cut market grew in value terms at an average annual rate of +2.2%; the trend pattern remained relatively stable, with minor fluctuations being recorded in some years. However, this growth rate was slower than the average of +5.5% in 2014 and +6.5% in 2015.
On the basis of application, the home-use segment is estimated to dominate the global frozen chicken breast market during the forecast period. This segment is likely to register a healthy CAGR of 5.5% during the forecast period. Several other applications such as restaurant and institutional are expected to register moderate growth during the forecast period, thanks to the high demand for ready-to-eat food.
The report provides an in-depth analysis of the global frozen chicken breast market by segmentation, product, and application. It also offers sales (consumption) and revenue analysis of the global frozen chicken breast market in both volume and value terms. In addition, it provides key industry dynamics, including a comprehensive competitive landscape.
The global frozen chicken market is projected to grow at a significant rate during the forecast period. This growth is driven by rising consumer demand for ready to eat food and changing dietary patterns. The global frozen chicken market is also influenced by the increasing demand for frozen foods from developing countries such as China and India. The global frozen chicken market is expected to expand at a CAGR of 5.5% during the forecast period.
The report has been segmented based on the geographical region, type, application and end use of frozen chicken breast. The Asia Pacific is expected to dominate the frozen chicken breast market due to its strong economic development and growing demand for fast food products in the region. The growing e-commerce industry in this region will further boost the frozen chicken breast market in the future.
This report also includes an analysis of the key drivers, restraints, opportunities and current trends in the Frozen Chicken Breast market. The report also offers a comprehensive analysis of the competitive landscape, which is vital for companies looking to enter into this market.
In addition, the report has been analyzed on the basis of its market share by key manufacturers and price by key manufacturers. This research helps the companies to understand the market size, growth rate and competitive landscape, which will be helpful in making strategic decisions for their business expansions.
A combination of primary and secondary research has been utilized in this study. The primary research consists of interviews with key market experts in the field. These interviews are conducted in order to verify and authenticate the data collected through secondary research. These interviews help in gathering precise information on the market size, competition, and growth trends.
The global frozen chicken breast market is expected to grow at a significant rate during the future period. This growth is driven by rising consumer demands for ready to eat food and changing behavioural patterns. The global frozen chicken breast market is also influenced by the increasing demand from developing countries such as China and India.
