NEWARK, Del: The global chicken offal market is currently valued at US$ 1,024.6 million in 2023 and is expected to grow significantly, reaching a market valuation of US$ 2,478 million by 2033, exhibiting a CAGR of 9.2% during the forecast period.
Internal organs and other portions of a chicken that aren’t usually eaten as full pieces of meat are referred to as “chicken offal.” These components, formerly overlooked in several Western nations, have gained popularity in various international cuisines and are now in high demand from a wide range of consumers.
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A number of things, such as rising appreciation for various flavors and ingredients as a result of increased culinary diversity and the internationalization of food culture, influence the market. With its unique flavor and texture, chicken offal has become a mainstay in many different world cuisines, including Asian, Middle Eastern, African, and Latin American meals.
The nutritional value of chicken offal has garnered attention. It is abundant in high-quality proteins, vitamins A and B12, iron, zinc, and other crucial components. Chicken offal presents a tempting alternative as customers become more health-conscious and look for alternate sources of nourishment.
The economical and sustainable benefits of using chicken offal have boosted its market. The food sector may promote sustainable practices and reduce waste by using these parts. In addition, chicken offal is frequently less expensive than prime portions of meat, making it a desirable option for consumers on a budget. Consumers seeking unique and specialty food products are receptive to alternative protein sources like chicken offal. These markets cater to specific dietary preferences, cultural traditions, or health-focused consumers, providing targeted marketing and distribution opportunities.
Key Takeaways from the Chicken Offal Report:
- The global chicken offal market is expected to reach a valuation of US$ 2,478 million by 2033.
- Global demand for chicken offal is likely to soar at 2% CAGR over the forecast period.
- Based on organs, the liver chicken offal segment is anticipated to reach a valuation of US$ 4 million by 2033.
- By End-use, the dietary supplement segment is likely to exhibit a 6% CAGR during the projection period.
- North America is projected to hold a dominant value share of 4% in the global market by 2033.
- The German chicken offal market is projected to reach a valuation of US$ 294.8 million by 2033.
- Japan’s market is estimated to witness a value CAGR of 9% during the projection period.
“The chicken offal market is currently in a phase of significant growth and transformation. There are several factors driving this growth, including changing consumer preferences, increasing culinary diversity, and the recognition of the nutritional value of chicken offal. These factors have created new opportunities and demand for chicken offal products in both domestic and international markets.” – says a lead analyst at Future Market Insights (FMI)
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Who is Winning?
Nature Farmacy, Primitive Choice, Little Warrior, Proliver, Knowde, IQI Petfood, The Good Scent Company, Herbpowders, PCCA, BNK Products, Baith Market, Lifeasible, Feline Instincts, Perdue Farms, Sanderson Farms, Brand-Pilgrim’s Chicken, Foster Farms, Wayne Farms, Bell & Evans, Gold’n Plump, Kunhe & Heitz are key chicken offal and its product manufacturers listed in the report.
Chicken Offal Market by Category:
By Organ:
- Kidneys
- Hearts
- Brain
- Liver
- Lungs
- Blends
By End-use:
- Food and Beverages
- Dietary Supplements
- Pet Food
- Cosmetics and Personal Care
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Ronak Shah (Associate Vice President at Future Market Insights) is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.
What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers’ shifting preferences.
She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.
Get More Valuable Insights:
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global chicken offal market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study incorporates compelling insights on the chicken offal market based on organ (Liver, Kidney, Heart, Brains, Lungs, Blends), and End-use (Food and Beverages, Dietary Supplements, Pet Food, Cosmetics, and Personal Care, etc.) across various regions.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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The post Chicken Offal Market Thriving Projected to Reach US$ 2,478 million by 2033 with a Remarkable 9.2% CAGR appeared first on Future Market Insights.
