Global Chilled Poultry Market, By Source (Chickens, Ducks, Turkeys, Geese, Others), Process (Water Chilling, Air Chilling), Distribution Channel (Supermarket/Hypermarket, Grocery Stores, Specialty Retailers, Online Channels, Others) – Industry Trends and Forecast to 2029.
Chilled Poultry Market Analysis and Size
Chilled food is a concept in which food is kept chilled in order to prevent it from spoiling. Restaurants now keep a large amount of chilled meat on hand in order to avoid a meat shortage. This aids in the preservation of the quality and texture of meat and poultry products.
Data Bridge Market Research analyses that the chilled poultry market was growing at a value of USD 18.03 billion in 2021 and is expected to reach a value of USD 28.09 billion and registering a CAGR of 5.70% from 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Chilled Poultry Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Source (Chickens, Ducks, Turkeys, Geese, Others), Process (Water Chilling, Air Chilling), Distribution Channel (Supermarket/Hypermarket, Grocery Stores, Specialty Retailers, Online Channels, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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JBS S.A. (U.S.), The Kraft Heinz Company (U.S.), BRF (Brazil), Astral Foods (South Africa), Hormel Foods Corporation (U.S.), 2 Sisters Food Group (U.K.), Waitrose & Partners (U.K.), Wm. Morrison Supermarkets Limited (U.K.), Samworth Brothers (U.K.), General Mills Inc (U.S.), Conagra Brands, Inc (U.S.), Nestlé SA (U.S.), Unilever (U.K.), Kellogg Co (U.S.), McCain Foods Ltd. (U.S.), Associated British Foods plc (U.K.), Ajinomoto Foods (Japan), LantmännenUnibake (Germany)
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Opportunities
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Market Definition
Chilled meat is a common method of conservation. This reduces after-death enzyme activity, inhibits microbial expansion, and increases market shelf-life. The chilled meat wrapped in a package and stored at 0°Frequency temperature is safe to eat. As a result, chilled meat is frequently transported internationally or overseas. Certain foods and meats are seasonal and only available in a specific area, so the use of freezer technology allows for food storage all year and supply all over the world.
Global Chilled Poultry Market Dynamics
Drivers
- Rising preference for experiencing different food commodities
Customers' increasing preferences for chilled commodities, as well as their interest in expanding information and eagerness to experience multiple nutritional values, are the primary key leaning propelling the business.
- Wide use of e-commerce portals
The market is growing in popularity among consumers, particularly young professionals, due to the product's ease of use and time savings. This scenario is expected to provide potential opportunities for the global market by introducing new product varieties. In recent years, stable economic growth associated with the developing food and beverage industry has resulted in an increase in the number of job opportunities, raising consumer average income.
Furthermore, as a result of the increasing penetration of e-commerce and online delivery services, which is being driven by an accelerated lifestyle, eateries and restaurants all over the world are relying on chilled meat products to meet the demand for meat dishes. This scenario forecasts global market expansion in the coming years.
Opportunity
To meet this rising demand, an increasing number of chilled meat product manufacturers are entering the market, with new entrants expanding into new markets. As a result, food trading in the chilled poultry industry is becoming increasingly international in most countries. As a result, supply chains are becoming larger and more complicated, resulting in a greater need for meat to remain fresh for extended periods of time driving chilled poultry sales.
Restraints
High costs associated with the acquisition of freezing equipment may pose a significant threat to the growth of the chilled poultry market. Furthermore, chilled foods contain various types of preservatives that will affect the human body, which is another major factor expected to impede the growth of the chilled poultry market during the forecast period.
This chilled poultry market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chilled poultry market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Global Chilled Poultry Market
The COVID-19 pandemic led to a massive burden on food and beverage supply chains worldwide. Consumer consumption habits have shifted as a result of their perception of the risk associated with COVID-19. Fear of possible food and beverage shortages has fuelled the hoarding trend. Due to the hoarding, demand for chilled poultry meat products increased, and the companies could not meet the market demand. The vaccination campaign and lockdown practises to limit the virus's global spread are likely to aid in the growth of the chilled food market in regaining its position in the food and beverage sector.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In October 2019, Suguna Poultry Farm Ltd announced opening a cold storage facility in Tiruchi. It has a capacity of 25 tonnes of meat. This will give you ready-to-eat chicken as well as chicken portions.
Global Chilled Poultry Market Scope
The chilled poultry market is segmented on the basis of source, process, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Chickens
- Ducks
- Turkeys
- Geese
- Others
Process
- Water chilling
- Air chilling
Distribution channel
- Supermarket/Hypermarket
- Grocery Stores
- Specialty Retailers
- Online Channels
- Others
Global Chilled Poultry Market Regional Analysis/Insights
The chilled poultry market is analysed and market size insights and trends are provided by country, source, process, and distribution channel as referenced above.
The countries covered in the chilled poultry market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
The United States and Canada dominate the North American chilled poultry market due to rising product demand and a growing number of foodservice outlets in the region, while China is expected to grow in the Asia-Pacific chilled poultry market from 2022 to 2029 due to rising popularity of processed meat products in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Chilled Poultry Market Share Analysis
The chilled poultry market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chilled poultry market.
Some of the major players operating in the chilled poultry market are:
- JBS S.A. (U.S.)
- The Kraft Heinz Company (U.S.)
- BRF (Brazil)
- Astral Foods (South Africa)
- Hormel Foods Corporation (U.S.)
- 2 Sisters Food Group (U.K.)
- Waitrose & Partners (U.K.)
- Wm. Morrison Supermarkets Limited (U.K.)
- Samworth Brothers (U.K.)
- General Mills Inc (U.S.)
- Conagra Brands, Inc (U.S.)
- Nestlé SA (U.S.)
- Unilever (U.K.)
- Kellogg Co (U.S.)
- McCain Foods Ltd. (U.S.)
- Associated British Foods plc (U.K.)
- Ajinomoto Foods (Japan)
- LantmännenUnibake (Germany)
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