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The Global Processed Chicken Market was valued at US$ 82.4 Billion in 2023 and is projected to reach US$ 103.5 Billion by 2030, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The processed chicken market has seen significant growth over recent years, driven by increasing consumer demand for convenient and ready-to-eat food products. This write-up provides a comprehensive analysis of key statistics related to the end-user segments within the processed chicken market.

Key End-User Segments

• Retail Consumers
• Food Service Industry
• Institutional Buyers

Retail Consumers

Retail consumers form a substantial portion of the processed chicken market. This segment includes households and individual buyers purchasing from supermarkets, grocery stores, and online platforms. The key statistics for this segment are:

• Market Share: Retail consumers account for approximately 45% of the total processed chicken market.
• Growth Rate: The segment has witnessed a compound annual growth rate (CAGR) of 6% over the past five years.
• Consumption Patterns: The average household purchases 10-15 kg of processed chicken annually, with an increasing preference for products like chicken nuggets, strips, and ready-to-cook items.

Food Service Industry

The food service industry is another crucial segment, encompassing restaurants, fast food chains, and catering services. This segment drives a significant portion of the market demand due to the rising popularity of dining out and takeaways. Key statistics include:

• Market Share: The food service industry represents about 35% of the processed chicken market.
• Growth Rate: The segment has shown a CAGR of 8% over the last five years.
• Demand Drivers: Quick-service restaurants (QSRs) and casual dining establishments are major contributors, with chicken burgers, wings, and fried chicken being top sellers.

Institutional Buyers

Institutional buyers include entities such as schools, hospitals, and corporate cafeterias. This segment focuses on bulk purchasing and has unique consumption patterns driven by the need for cost-effective and nutritious meal options. Key statistics for this segment are:

• Market Share: Institutional buyers make up roughly 20% of the processed chicken market.
• Consumption Trends: Bulk procurement of processed chicken for meal programs, with a preference for products like chicken patties, diced chicken, and pre-cooked options.

Leading Players of Processed Chicken including:

• Cargill
• Hormel Foods
• JBS
• NH Foods
• Smithfield Foods
• Tyson Foods
• Associated British Foods
• Teys
• BRF S.A.
• Koch Foods
• Mountaire Farms
• Sanderson Farms
• Wayne Farms
• Perdue
• Foster Farms
• Copacol
• Sunner Development
• Yisheng Livestock & Poultry Breeding
• Shandong Xiantan
• Shandong Minhe Animal Husbandry
• Seara Institucional
• Bello Alimentos
• PROTEINSA
• Prosavic
• Sopraval
• Faenadora SanVicente
• Granja Tres Arroyos

By Type:

• Chicken Breast
• Chicken Wing
• Chicken Inner Fillet
• Chicken Drumstick
• Chicken Thighs

By Application:

• Household/Retail
• Food Services
• Food Processing

By Sales Channel:

• Direct Channel
• Distribution Channel

By Region/Country:

• North America (United States and Canada)
• Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
• South America (Brazil, Mexico, and Argentina, etc.)
• Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

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