Press Release

Rising Chicken Consumption To Favorably Foster The Chicken Flavors Market

A recent research study by MarkNtel Advisors cites that the Global Chicken Flavors Market is set to record around 5.4% CAGR during 2023-28. The ever-rising number of consumers for chicken-based items, increased use of flavors for shortcut meat cooking, and the advent of several companies offering ready-to-eat chicken items owing to hectic schedules of people & corporate lifestyles are the prime aspects projected to drive the chicken flavors industry in the forecast years.

In addition, the emergence of chicken-based protein powders & additional supplements, coupled with the growing focus of individuals on staying healthy and consuming a calorie deficit diet, are other crucial factors expected to boost the market in the future. Moreover, the mounting use of eco-friendly technologies in producing liquid-based products with chicken flavors as active ingredients, improving disposable incomes, and extensive acceptance of chicken flavors in restaurants & cafes would further spur growth in the global chicken flavors market in the years to come.

Powder Form to dominate the Chicken Flavors Market

Since sustainability is now the need of the hour, it is thus assisting in extracting chicken flavors in powdered form. Manufacturers are now more inclined than ever towards producing additives that contain the least artificial ingredients, are minimally processed, and are free from the spread of chemically affected severe hazardous problems. Hence, benefits like the longer shelf life and storage convenience of powder-based chicken flavors have made them the ideal choice for consumers. These aspects are positively influencing the growth of the global chicken flavors market.

Asia-Pacific to Gain Prominence in the Market through 2028

India, Nepal, Japan, & China are the largest consumers of chicken-based food products, owing mainly to the presence of bodybuilders & fitness trainers, among others, in these countries, who add chicken-meat products into their daily routines. As a result, more & more chicken ingredients are being added by manufacturers to produce supplements & protein powders required by these people. Hence, these aspects are projected to drive the Asia-Pacific Chicken Flavors Market in the forecast years and generate lucrative prospects for manufacturers to gain significant profits.

Competitive Landscape

The key companies operating in the Global Chicken Flavors Market include ACH Food Companies Inc., Givaudan, Hormel Foods Corporation, Kent Precision Foods Group Inc., Kerry Group plc, Koninklijke DSM N.V., Nestlé S.A., The J.M. Smucker Company, The Kraft Heinz Company, and Trailtopia LLC.

Key Questions Answered in the Research Report

1. What are the current & future trends in the Global Chicken Flavors Market?
2. How has the industry been evolving in terms of geography & product adoption?
3. How has the competition been shaping across various regions, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Chicken Flavors Market?
5. What are the customer orientation, purchase behavior, & expectations from the leading players in the Global Chicken Flavors Market?

Market Segmentation:

1. By Distribution Channel (Offline Retail, Online Retail)
2. By Form (Liquid, Powder)
3. By Nature (Organic, Conventional)
4. By Packaging (Bag, Bottle, Box, Jar, Can, Sachets and Pouches, Others)
5. By Application (Soups & Sauces, Food & Beverages, Animal Feed, Bakery Products, Confectionery Products)
6. By End User (Business-to-Business [B2B], Business-to-Consumer [B2C])
7. By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific)
8. By Country (The US, Canada, Mexico, Brazil, Argentina, The UK, Germany, France, Italy, Spain, GCC, South Africa, China, Japan, South Korea, India, Australia)