According to a new report, published by KBV research, The Global Frozen Chicken Market size is expected to reach $37.3 billion by 2030, rising at a market growth of 7.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,868.5 kilo tonnes, experiencing a growth of 6.2% (2019-2022).
Manufacturers are exploring novel flavor combinations and seasoning blends to offer consumers unique and exciting frozen chicken options. Bold and exotic flavor profiles inspired by global cuisines, such as Korean barbecue or Thai curry, allow consumers to experience new culinary tastes and sensations. Advancements in convenience innovations include single-serve and microwaveable frozen chicken products and pre-marinated and pre-seasoned options. These convenient frozen chicken offerings cater to busy lifestyles and on-the-go consumers, providing quick and easy meal solutions without sacrificing taste or quality.
The Chicken Breast segment would experience a CAGR of 7.2% during (2023 - 2030). Chicken breast is widely regarded as a lean protein source with low fat and high protein content. As consumers become more health-conscious and prioritize nutritious food choices, the popularity of chicken breast has grown. Its reputation as a healthy protein option makes it sought after by individuals following specific dietary plans, such as low-carb or high-protein diets.
The Supermarkets & Hypermarkets segment is leading the Global Frozen Chicken Market by Distribution Channel in 2022 thereby, achieving a market value of $17.8 billion by 2030. Supermarkets and hypermarkets typically offer a wide selection of frozen chicken products, including various cuts, brands, and packaging options. This extensive assortment allows consumers to choose from various options based on their preferences, dietary needs, and budgetary constraints. Similarly, increasing sales of food products from supermarkets and hypermarkets drive the segment’s growth.
The Chicken Patty segment is anticipated to have a CAGR of 8.8% during (2023 - 2030). Chicken patties are highly versatile and can be used in various dishes and recipes. They can be served as a standalone entrée, sandwiched between buns for a quick burger, sliced and added to salads or wraps, or incorporated into casseroles and pasta dishes. Their adaptability makes them well-liked by customers who want to prepare dishes quickly and easily with little effort.
Full Report: https://www.kbvresearch.com/frozen-chicken-market/
The Asia Pacific region dominated the Global Frozen Chicken Market by Region in 2022 thereby, achieving a market value of $16.6 billion by 2030, growing at a CAGR of 7.9 % during the forecast period. The Europe region is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 7% during (2023 - 2030).
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 Geography (Volume, Kilo tonnes, USD Billion, 2019-2030)
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