
NEW YORK, April 10, 2023 /PRNewswire/ -- The duck meat market size is set to grow by USD 1.75 billion between 2021 and 2026 and register a CAGR of 2.88%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read our Sample Report
Duck Meat Market 2022-2026: Segmentation
- Product
- Fresh Duck Meat
- Processed Duck Meat
The growth of the fresh duck meat segment will be significant during the forecast period. The increasing availability of fresh duck meat through supermarkets, hypermarkets, convenience stores, and other distribution channels will drive the growth of the fresh duck market during the forecast period. The high demand for protein-rich foods and the increasing disposable income are the main drivers of the growth of this segment.
- Geography
- APAC
- Europe
- Middle East And Africa
- North America
- South America
APAC will account for 73% of the market growth during the forecast period. Factors such as the growing health consciousness, convenience of processed meat, and expansion of fast food chains will increase the demand for duck meat in the region. Moreover, duck meat is a good source of protein and is popular among fitness enthusiasts. The presence of major suppliers, such as Pepes Ducks Ltd. and Charoen Pokphand Foods Plc, will drive market growth in the region during the forecast period.
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Duck Meat Market 2022-2026: Vendor Analysis and Scope
The market is fragmented, with the presence of several regional and global vendors. The market includes companies of varying sizes, with some being more specialized than others in terms of product portfolio. These vendors compete based on factors such as price, quality, brand identity, and distribution. In addition, to survive in a competitive environment, it becomes imperative for manufacturers to promote their product offerings through a clear and unique value proposition. Thus, the market is expected to witness high competition among vendors during the forecast period. Some of the key vendors covered in the report include:
- AJC International Inc.: The company offers breast, necks, wings, and bacon of duck meat.
- AMI LLC sp.k: The company offers packaged gourmet duck meat.
- BRF SA: The company offers frozen duck meat and magrets.
- Cargill Inc.: The company offers duck meat under the brand, Avara Foods.
The report also covers the following areas:
Duck Meat Market 2022-2026: Market Dynamics
- Driver – The market is driven by the increasing global production of duck meat. The increase in global demand for duck meat can be attributed to the health benefits associated with its consumption. This rise in demand is supported by increased production capacity by major suppliers, which increases the choices available to customers in the market. These factors are directly impacting the growth of the global duck meat market.
- Trends - The development of lab-grown meat will fuel the global duck meat market growth. Compared to traditional meat production processes, this eco-friendly process does not require animal slaughter. For instance, Memphis Meats focuses on producing eco-friendly, lab-grown duck meat. The company has attracted investments from Bill Gates, Richard Branson, Tyson Ventures, and others. In March 2017, Memphis Meats launched chicken and duck meat from poultry cells without animal slaughter. Such clean meat product development initiatives will have a positive impact on the market during the forecast period.
- Challenge- The increasing popularity of the vegan diet is a major challenge for the global duck meat market growth. A vegan diet offers various health benefits. It is rich in fiber, antioxidants, and healthy plant-based proteins. A vegan diet also contains high concentrations of potassium, magnesium, folic acid, and vitamins A, C, and E. Moreover, it helps reduce obesity. Vegans tend to be leaner and have a lower body mass index (BMI) than non-vegans. Therefore, the growing vegan population is likely to reduce the demand for poultry meat and meat-based products, which may adversely affect the growth of the market during the forecast period.
Duck Meat Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist duck meat market growth during the next five years
- Estimation of the duck meat market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the duck meat market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of duck meat market vendors
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Related Reports:
- The plant-based meat market size is estimated to grow at a CAGR of 26.1% between 2022 and 2027. The market size is forecast to increase by USD 12,532.87 million. The market is segmented by food service system (frozen, refrigerated, and shelf-stable), type (plant-based beef, plant-based chicken, plant-based pork, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
- The camel meat market is estimated to grow at a CAGR of 5.26% between 2021 and 2026. The size of the market is forecasted to increase by USD 74.5 million. The market is segmented by product (processed camel meat and fresh camel meat) and geography (Middle East and Africa, Europe, APAC, North America, and South America).
Duck Meat Market Scope |
|
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.88% |
Market growth 2022-2026 |
USD 1.75 billion |
Market structure |
Fragmented |
YoY growth 2021-2022 (%) |
2.28 |
Regional analysis |
APAC, Europe, Middle East and Africa, North America, and South America |
Performing market contribution |
APAC at 73% |
Key countries |
China, Japan, Malaysia, France, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
AJC International Inc., AMI LLC sp.k, BRF SA, Cargill Inc., Charoen Pokphand Foods PCL, Cooperativacentralaurora, DELPEYRAT, FERME UHARTIA, Gressingham Foods, LE GRENIER DES GASTRONOMES, Lehnherr SA, LuCanard, Maple Leaf Farms Inc., MITMAR SP. Z O.O., NH Foods Ltd., PANNDDU POULTRY FARMS AND HATCHERIES, Pepes Ducks Ltd., Stara Foods B.V., Surabhi Meat Traders, and Upside Foods Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of contents:
1. Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Fresh duck meat - Market size and forecast 2021-2026
- Exhibit 28: Chart on Fresh duck meat - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Fresh duck meat - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Fresh duck meat - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Fresh duck meat - Year-over-year growth 2021-2026 (%)
- 5.4 Processed duck meat - Market size and forecast 2021-2026
- Exhibit 32: Chart on Processed duck meat - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Processed duck meat - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Processed duck meat - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Processed duck meat - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 50: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.6 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 Japan - Market size and forecast 2021-2026
- Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.10 Malaysia - Market size and forecast 2021-2026
- Exhibit 70: Chart on Malaysia - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Malaysia - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Malaysia - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Malaysia - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 AJC International Inc.
- Exhibit 89: AJC International Inc. - Overview
- Exhibit 90: AJC International Inc. - Product / Service
- Exhibit 91: AJC International Inc. - Key offerings
- 10.4 AMI LLC sp.k
- Exhibit 92: AMI LLC sp.k - Overview
- Exhibit 93: AMI LLC sp.k - Product / Service
- Exhibit 94: AMI LLC sp.k - Key offerings
- 10.5 BRF SA
- Exhibit 95: BRF SA - Overview
- Exhibit 96: BRF SA - Business segments
- Exhibit 97: BRF SA - Key offerings
- Exhibit 98: BRF SA - Segment focus
- 10.6 Cargill Inc.
- Exhibit 99: Cargill Inc. - Overview
- Exhibit 100: Cargill Inc. - Product / Service
- Exhibit 101: Cargill Inc. - Key news
- Exhibit 102: Cargill Inc. - Key offerings
- 10.7 Charoen Pokphand Foods PCL
- Exhibit 103: Charoen Pokphand Foods PCL - Overview
- Exhibit 104: Charoen Pokphand Foods PCL - Business segments
- Exhibit 105: Charoen Pokphand Foods PCL - Key news
- Exhibit 106: Charoen Pokphand Foods PCL - Key offerings
- Exhibit 107: Charoen Pokphand Foods PCL - Segment focus
- 10.8 Gressingham Foods
- Exhibit 108: Gressingham Foods - Overview
- Exhibit 109: Gressingham Foods - Product / Service
- Exhibit 110: Gressingham Foods - Key offerings
- 10.9 LuCanard
- Exhibit 111: LuCanard - Overview
- Exhibit 112: LuCanard - Product / Service
- Exhibit 113: LuCanard - Key offerings
- 10.10 Maple Leaf Farms Inc.
- Exhibit 114: Maple Leaf Farms Inc. - Overview
- Exhibit 115: Maple Leaf Farms Inc. - Product / Service
- Exhibit 116: Maple Leaf Farms Inc. - Key offerings
- 10.11 Pepes Ducks Ltd.
- Exhibit 117: Pepes Ducks Ltd. - Overview
- Exhibit 118: Pepes Ducks Ltd. - Product / Service
- Exhibit 119: Pepes Ducks Ltd. - Key offerings
- 10.12 Upside Foods Inc.
- Exhibit 120: Upside Foods Inc. - Overview
- Exhibit 121: Upside Foods Inc. - Product / Service
- Exhibit 122: Upside Foods Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 123: Inclusions checklist
- Exhibit 124: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 125: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 126: Research methodology
- Exhibit 127: Validation techniques employed for market sizing
- Exhibit 128: Information sources
- 11.5 List of abbreviations
- Exhibit 129: List of abbreviations
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