Processed Chicken Market Definition
The processed chicken is the chicken modified using salting process, preservatives, fermentation, smoking and other processes for improving the flavors, texture and to preserve it over time. The processed chicken also includes frozen and ready to cook chicken, the ready to cook chicken generally consists of added value products like grills, nuggets, chicken burgers, steaks, etc. The demand for processed chicken is expected to rise due to the growing popularity of chicken products for its nutrition, versatility, etc.
The market study is broken down by Type (Carbohydrase, Protease and Lipase), by Application (Snacks, Dairy, Bakery and Others) and major geographies with country level splits.
JBS S.A. (Brazil), Tyson Foods, Inc. (United States), BRF S.A. (Brazil), Wayne Farms LLC (United States), Hormel Foods Corporation. (United States), Cargill, Incorporated (United States), Koch Foods (United States), Sanderson Farms, Incorporated (United States), NH Foods Ltd. (Japan) and Smithfield Foods, Inc., (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Industrias Bachoco, S.A. (Mexico) and Perdue Farms (United States).
AdvanceMarketAnalytics has segmented the market of Global Processed Chicken market by Type, Application and Region.
On the basis of geography, the market of Processed Chicken has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Processed Chicken market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 3rd June 2019, Tyson Foods announced the completion of the acquisition of the Thai and European business from BRF S.A. The acquisition includes four production facilities in Thailand and one each in the Netherlands and in the United States. This was the growth strategy to expand offerings of value-added protein in global markets.
On 29th October 2019, the Brazilian food processing company BRF announced the plan to invest around USD 120 million to build a plant in Saudi Arabia for chicken processing. This new Saudi plant will produce high value-added products such as halal poultry burgers, sausages, and breaded and marinated cuts, the company reported.
"The United States Department of Agriculture (USDA), Bone-in poultry products that are injected or marinated with a solution containing butter or other edible fat, broth, stock or water plus spices, flavor enhancers and other approved substances must be labeled as basted or self basted. The maximum added weight of approximately a 3% solution before processing is included in the net weight on the label. The label must include a statement identifying the total quantity and common or usual name of all ingredients in the solution."
- Increasing Consumption of Processed Chicken in APAC Region
- The Introduction of Flavors in PRocessed Chicken Products
- Increasing Consumption of Non-Vegetarian Food Across the World
- Health Benefits Associated with Chicken Consumption
- Growing Poultry Industry Infrastructure will Boost the Processed Chicken Market
- Quality Assurance and Better Availability of Processed Chicken Online
- Increasing Risk of Bird Flu Epidemic Might Hinder the Processed Chicken Market
- Regulatory Standards Imposed Labeling of Processed Chicken
- Intense Competition Between the PRocessed Chicken Manufacturers
Key Target Audience
Processed Chicken Manufacturers, Processed Chicken International Traders, Processed Chicken Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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