What is Global Raw Chicken Meat Market?
The Global Raw Chicken Meat Market is a comprehensive study of the current trends, growth indicators, and market dynamics of the raw chicken meat industry worldwide. This market involves the trade of raw chicken meat, which is a staple food in many cultures and cuisines around the globe. The market is driven by factors such as the increasing global population, changing dietary habits, and the growing demand for protein-rich food. However, it also faces challenges such as health concerns related to the consumption of raw chicken meat and stringent food safety regulations. The market is segmented based on the type of raw chicken meat, its applications, and geographical regions.
Bone-in Cut Raw Chicken Meat, Boneless Cut Raw Chicken Meat, Whole Chicken Raw Chicken Meat in the Global Raw Chicken Meat Market:
The Global Raw Chicken Meat Market is further categorized into Bone-in Cut Raw Chicken Meat, Boneless Cut Raw Chicken Meat, and Whole Chicken Raw Chicken Meat. Bone-in Cut Raw Chicken Meat refers to chicken pieces with bones, such as drumsticks, thighs, and wings. These cuts are popular for their flavor and are often used in traditional cooking methods. Boneless Cut Raw Chicken Meat, on the other hand, refers to chicken pieces without bones, such as chicken breasts and tenders. These cuts are versatile and easy to cook, making them a favorite among consumers. Whole Chicken Raw Chicken Meat refers to the entire chicken, which is often used for roasting or making chicken broth. Each of these segments has its unique market dynamics, influenced by factors such as consumer preferences, cooking methods, and cultural influences.
Food Services, Retail in the Global Raw Chicken Meat Market:
The Global Raw Chicken Meat Market finds its applications mainly in Food Services and Retail. In the Food Services sector, raw chicken meat is used in restaurants, hotels, and other food establishments for preparing various dishes. The demand in this sector is driven by the growing foodservice industry and the increasing consumption of chicken meat. In the Retail sector, raw chicken meat is sold in supermarkets, grocery stores, and online platforms for home cooking. The demand in this sector is driven by the growing trend of home cooking and the convenience of buying pre-packaged chicken meat. However, both these sectors face challenges such as maintaining the freshness of raw chicken meat and ensuring food safety.
Global Raw Chicken Meat Market Outlook:
To put the Global Raw Chicken Meat Market outlook into perspective, the market was valued at US$ 202020 million in 2022. It is projected to reach a value of US$ 247700 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.6% from 2023 to 2029. This growth is attributed to the increasing global demand for chicken meat and the expansion of the foodservice and retail sectors. JBS, a leading global food company, is the largest manufacturer of Raw Chicken Meat in the world, holding a market share of over 70%. This indicates the company's strong presence and influence in the market.
| Report Metric | Details |
| Report Name | Raw Chicken Meat Market |
| Accounted market size in 2023 | US$ 212840 million |
| Forecasted market size in 2029 | US$ 247700 million |
| CAGR | 2.6 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | JBS, Tyson Foods, Cargill, BRF S.A., Mountaire Farms, New Hope, Sunner Development, Koch Foods, Foster Farms, Perdue, Shandong Xiantan, Granja Tres Arroyos, Yisheng Livestock & Poultry Breeding, Copacol, Shandong Minhe Animal Husbandry, Bello Alimentos, Prosavic |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
