Market Overview:
The global chicken extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for processed food, increasing disposable income, and growing awareness about health benefits of chicken extract. In terms of type, the powder segment is expected to lead the market during the forecast period owing to its easy usage and storage properties. In terms of application, catering service industry is projected to be one of the fastest-growing segments during the forecast period owing to increase in number of restaurants and hotels across different regions.
Product Definition:
A chicken extract is a water-based solution that is obtained by simmering chicken parts in water. The resulting broth is then strained and the extract is used as a flavoring agent in food products. Chicken extract has a savory flavor that can be used to enhance the taste of many different types of foods. It can be found in grocery stores and online retailers.
Powder:
Powder is a dry, free-flowing granular material that can be used as flavoring or nutritional ingredients in food products. It has high usage in the meat and poultry industry for adding savory flavor to the product. Powder also finds its application in confectionery, bakery and other processed food industries.
Soup:
Soup is a liquid food made from combining solid and liquid ingredients. The most common types of soups are clear soups, consommé, and bouillon. Bouillon can be further classified as chicken-bone or stock based on the main ingredient used in its preparation. Chicken extract is obtained from chicken meat through evisceration (removal of the feathers and skin) followed by de-fleshing (removal of the bones).
Application Insights:
The household application segment led the global chicken extract market in 2017. The product is widely used in this segment as it helps maintain a healthy diet and lifestyle for consumers, which includes regular exercise and consumption of nutritious food products. In addition, rising health awareness among consumers is expected to drive demand for the product over the forecast period.
The catering service industry accounted for more than 20% share of the overall revenue in 2017 owing to increasing demand from restaurants and hotels across various regions including North America and Europe. The growth can be attributed to changing consumer preference towards healthier food options at social occasions including weddings parties business meetings etcetera.
Regional Analysis:
North America was the largest market in 2017 owing to high consumption of processed food and increasing awareness about healthy lifestyle. The region is expected to maintain its dominance over the forecast period due to growing demand for convenience foods and rising health concerns among consumers. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rapid urbanization, changing consumer preferences, and increasing disposable income levels in emerging economies such as China & India. Moreover, rising number of hotels & restaurants will drive product demand further.
The Middle East & Africa has a vast population with an expanding middle-class population that prefers westernized diet including ready-to-eat meals with chicken extract as one of their ingredients rather than home cooking which requires long preparation time along with expertise in seasoning etc., thus driving industry growth across this region as well.
Growth Factors:
- Increasing demand for chicken extract as a natural flavoring and coloring agent in food and beverage industry.
- Rising awareness about the health benefits of chicken extract among consumers.
- Growing popularity of functional foods and dietary supplements containing chicken extract.
- Technological advancements in the extraction process of chicken extracts that improve its quality and purity.
- increasing investment by manufacturers in research and development to explore new applications for chicken extracts
Scope Of The Report
Report Attributes
Report Details
Report Title
Chicken Extract Market Research Report
By Type
Powder, Soup, Oil, Others
By Application
Household, Catering Service Industry, Food Processing, Others
By Companies
Campbell Soup Company, McCormick, Unilever, Nestle, Heinz, Bernard Food Industries, Proliant Biologicals, Carnad, Eliteflavor, Xi'an Qiancao Biotechnology, Campbell Soup Company, Tiantiao Biotechnology, Huahai Biological
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Chicken Extract Market Report Segments:
The global Chicken Extract market is segmented on the basis of:
Types
Powder, Soup, Oil, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Catering Service Industry, Food Processing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Campbell Soup Company
- McCormick
- Unilever
- Nestle
- Heinz
- Bernard Food Industries
- Proliant Biologicals
- Carnad
- Eliteflavor
- Xi'an Qiancao Biotechnology
- Campbell Soup Company
- Tiantiao Biotechnology
- Huahai Biological
Highlights of The Chicken Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Soup
- Oil
- Others
- By Application:
- Household
- Catering Service Industry
- Food Processing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chicken Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chicken extract is a by-product of the chicken processing industry. It is made from the carcasses and skin of chickens that have been processed for meat or feathers.
Some of the major players in the chicken extract market are Campbell Soup Company, McCormick, Unilever, Nestle, Heinz, Bernard Food Industries, Proliant Biologicals, Carnad, Eliteflavor, Xi'an Qiancao Biotechnology, Campbell Soup Company, Tiantiao Biotechnology, Huahai Biological.
The chicken extract market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chicken Extract Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chicken Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chicken Extract Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chicken Extract Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chicken Extract Market Size & Forecast, 2018-2028
4.5.1 Chicken Extract Market Size and Y-o-Y Growth
4.5.2 Chicken Extract Market Absolute $ Opportunity
Chapter 5 Global Chicken Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chicken Extract Market Size Forecast by Type
5.2.1 Powder
5.2.2 Soup
5.2.3 Oil
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chicken Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chicken Extract Market Size Forecast by Applications
6.2.1 Household
6.2.2 Catering Service Industry
6.2.3 Food Processing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chicken Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chicken Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chicken Extract Analysis and Forecast
9.1 Introduction
9.2 North America Chicken Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chicken Extract Market Size Forecast by Type
9.6.1 Powder
9.6.2 Soup
9.6.3 Oil
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chicken Extract Market Size Forecast by Applications
9.10.1 Household
9.10.2 Catering Service Industry
9.10.3 Food Processing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chicken Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Chicken Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chicken Extract Market Size Forecast by Type
10.6.1 Powder
10.6.2 Soup
10.6.3 Oil
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chicken Extract Market Size Forecast by Applications
10.10.1 Household
10.10.2 Catering Service Industry
10.10.3 Food Processing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chicken Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chicken Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chicken Extract Market Size Forecast by Type
11.6.1 Powder
11.6.2 Soup
11.6.3 Oil
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chicken Extract Market Size Forecast by Applications
11.10.1 Household
11.10.2 Catering Service Industry
11.10.3 Food Processing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chicken Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Chicken Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chicken Extract Market Size Forecast by Type
12.6.1 Powder
12.6.2 Soup
12.6.3 Oil
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chicken Extract Market Size Forecast by Applications
12.10.1 Household
12.10.2 Catering Service Industry
12.10.3 Food Processing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chicken Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chicken Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chicken Extract Market Size Forecast by Type
13.6.1 Powder
13.6.2 Soup
13.6.3 Oil
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chicken Extract Market Size Forecast by Applications
13.10.1 Household
13.10.2 Catering Service Industry
13.10.3 Food Processing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chicken Extract Market: Competitive Dashboard
14.2 Global Chicken Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Campbell Soup Company
14.3.2 McCormick
14.3.3 Unilever
14.3.4 Nestle
14.3.5 Heinz
14.3.6 Bernard Food Industries
14.3.7 Proliant Biologicals
14.3.8 Carnad
14.3.9 Eliteflavor
14.3.10 Xi'an Qiancao Biotechnology
14.3.11 Campbell Soup Company
14.3.12 Tiantiao Biotechnology
14.3.13 Huahai Biological
