The Asia Pacific Frozen Chicken Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 689.9 kilo tonnes, showcasing a growth of 6.5% (2019-2022).
Chicken patties are characterized by their pre-formed, round shape, making them easy to handle and cook. Suitable for various cooking methods such as baking, frying, or grilling, these patties can be transformed into a diverse range of dishes. Whether served in sandwiches, wraps, or as a main course with accompanying sides, frozen chicken patties offer a blank canvas for culinary creativity. Therefore, the India market consumed 18.5 kilo tonnes chicken patty in 2022.
The China market dominated the Asia Pacific Frozen Chicken Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,576.3 million by 2030. The Japan market is registering a CAGR of 7.2% during (2023 - 2030). Additionally, The India market would experience a CAGR of 8.5% during (2023 - 2030).
Frozen chicken is widely used in the food service industry, including restaurants, hotels, catering companies, and cafeterias. It prepares fried, grilled chicken nuggets, chicken sandwiches, and stir-fries. The expansion of the food service industry translates into higher demand for frozen chicken.
According to the United States Department of Agriculture, in 2023, the value of India’s hotel industry was estimated at $23.50 billion, and it is expected to reach $29.61 billion by 2028, growing at a rate of 4.73 percent during the forecast period of 2023-2028. Simultaneously, the food service industry in India is projected to reach $125.06 billion by 2029, growing at a rate of 10.21 percent from its predicted $69.7 billion valuation in 2023.
The frozen chicken market may expand due to India’s expanding poultry sector. Manufacturers of frozen chicken may be able to grow their businesses if more chicken meat is produced locally. According to the National Investment Promotion & Facilitation Agency, the Indian poultry industry reached a size of $30.46 billion in 2023, while the export of poultry products in the fiscal year 2022-23 amounted to 664,753.46 metric tons. Therefore, the region’s high chicken meat production drives the market’s growth.
Free Valuable Insights: The Global Frozen Chicken Market is Predict to reach $ 37.3 Billion by 2030, at a CAGR of 7.5%
Based on Type, the market is segmented into Chicken Drumstick, Chicken Breast, Chicken Wings, Chicken Thigh, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail. Based on Product, the market is segmented into Chicken Nuggets, Chicken Popcorn, Chicken Fingers, Chicken Patty, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Type (Volume, Kilo tonnes, USD Billion, 2019-2030)
By Distribution Channel (Volume, Kilo tonnes, USD Billion, 2019-2030)
By Product (Volume, Kilo tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo tonnes, USD Billion, 2019-2030)
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