Market Overview:
The global chicken wings 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 chicken wings from foodservice and retail sectors, increasing disposable income of consumers, and growing popularity of chicken wings among millennials. In terms of type, the raw chicken wings segment is expected to dominate the market during the forecast period owing to its low cost as compared to processed chicken wings. However, processed chicken Wings are projectedto witness higher growth rates due to their enhanced flavor and convenience offered over raw Chicken Wings.
Product Definition:
Chicken Wings are a food item that is usually made from chicken meat and is often served as an appetizer or a main course.
Raw Chicken Wings:
Raw chicken wings are the part of raw poultry. They are a wing bone with some meat on it, which is mostly used in various cuisines across the globe. The growth factor for this market is increasing demand from fast food joints and restaurants due to its easy availability and preparation method. It also has an advantage of being ready to cook which saves time as compared to other recipes that take longer hours for preparation.
Processed Chicken Wings:
Processed chicken wings are cut from the breast portion of a chicken. It is usually breaded and fried to make it crispy and then consumed as an appetizer or as part of a meal. The processed product has gained popularity across the globe due to its easy availability, affordability, taste, and health benefits. In addition, increasing demand for ready-to-eat food products with high shelf life is expected to drive market growth over the forecast period.
Application Insights:
The retail segment accounted for more than half of the overall revenue share in 2017. The growth can be attributed to increasing number of restaurants and pubs that serve chicken wings as a specialty dish. Furthermore, rising demand for packaged food products is expected to drive the product demand in this application over the forecast period.
Foodservice accounted for a significant share of market revenue in 2017 owing to growing wing consumption at casual dining places, sports bars and pubs, and fine dines around the globe. Growing trend towards serving various types of flavored chicken wings is also driving their consumption at food services across different regions globally. In addition, rising popularity among home chefs who prepare grilled or barbeque chicken wings with various sauces on top will boost market growth over the forecast period globally.
Regional Analysis:
North America dominated the global market in 2017. The regional growth is primarily driven by the U.S., where a large number of restaurants and food chains are present. Furthermore, new product launches coupled with an increase in consumer preference for chicken wings as a main course dish will drive the region’s growth further.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness regarding poultry products among consumers, along with rising disposable income levels and changing lifestyles in emerging countries such as China and India that have been experiencing strong economic growth over past few years. These factors are anticipated to boost demand for chicken wings across APAC during the forecast period from 2018 to 2030 timeframe).
Growth Factors:
- Increasing demand for chicken wings from the fast food industry as a result of their increasing popularity.
- The growing trend of eating out and the consequent increase in demand for chicken wings from restaurants and other foodservice providers.
- Rising disposable incomes in developing countries, which is resulting in an increase in demand for high-quality protein foods like chicken wings.
- Growing awareness among consumers about the health benefits of consuming chicken wings, which is leading to an increase in their consumption across all regions of the world.
- Innovative marketing campaigns by manufacturers that are highlighting the unique flavors and textures of chicken wings, thereby enticing more consumers to try them out
Scope Of The Report
Report Attributes
Report Details
Report Title
Chicken Wings Market Research Report
By Type
Raw Chicken Wings, Processed Chicken Wings
By Application
Retails, Foodservices, Food Processing Plant
By Companies
JBS S.A., Tyson Foods, BRF, New Hope Liuhe, Wen's Food Group, CP Group, Perdue Farms Inc, Koch Foods LLC, Industrias Bachoco, The Arab Company for Livestock Development, JBS S.A., LDC, Suguna Foods, Plukon Food Group, Cargill, Henan Doyoo Group, OSI Group LLC, Fujian Sunner Group, PRIOSKOLYE, Wayne Farms LLC, Gruppo Veronesi SpA, PHW Group, Mountaire Farms Inc, San Miguel Pure Foods, JAPFA, 2 Sisters Food Group, Huaying Agricultural
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Chicken Wings Market Report Segments:
The global Chicken Wings market is segmented on the basis of:
Types
Raw Chicken Wings, Processed Chicken Wings
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
Retails, Foodservices, Food Processing Plant
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:
- JBS S.A.
- Tyson Foods
- BRF
- New Hope Liuhe
- Wen's Food Group
- CP Group
- Perdue Farms Inc
- Koch Foods LLC
- Industrias Bachoco
- The Arab Company for Livestock Development
- JBS S.A.
- LDC
- Suguna Foods
- Plukon Food Group
- Cargill
- Henan Doyoo Group
- OSI Group LLC
- Fujian Sunner Group
- PRIOSKOLYE
- Wayne Farms LLC
- Gruppo Veronesi SpA
- PHW Group
- Mountaire Farms Inc
- San Miguel Pure Foods
- JAPFA
- 2 Sisters Food Group
- Huaying Agricultural
Highlights of The Chicken Wings 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:
- Raw Chicken Wings
- Processed Chicken Wings
- By Application:
- Retails
- Foodservices
- Food Processing Plant
- 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 Wings 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 wings are the most popular type of chicken dish. They are usually made from the wing tips and drumsticks of a whole chicken.
Some of the key players operating in the chicken wings market are JBS S.A., Tyson Foods, BRF, New Hope Liuhe, Wen's Food Group, CP Group, Perdue Farms Inc, Koch Foods LLC, Industrias Bachoco, The Arab Company for Livestock Development, JBS S.A., LDC, Suguna Foods, Plukon Food Group, Cargill, Henan Doyoo Group, OSI Group LLC, Fujian Sunner Group, PRIOSKOLYE, Wayne Farms LLC, Gruppo Veronesi SpA, PHW Group, Mountaire Farms Inc, San Miguel Pure Foods, JAPFA, 2 Sisters Food Group, Huaying Agricultural.
The chicken wings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chicken Wings 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 Wings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chicken Wings 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 Wings 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 Wings Market Size & Forecast, 2018-2028
4.5.1 Chicken Wings Market Size and Y-o-Y Growth
4.5.2 Chicken Wings Market Absolute $ Opportunity
Chapter 5 Global Chicken Wings 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 Wings Market Size Forecast by Type
5.2.1 Raw Chicken Wings
5.2.2 Processed Chicken Wings
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chicken Wings 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 Wings Market Size Forecast by Applications
6.2.1 Retails
6.2.2 Foodservices
6.2.3 Food Processing Plant
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chicken Wings 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 Wings 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 Wings Analysis and Forecast
9.1 Introduction
9.2 North America Chicken Wings 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 Wings Market Size Forecast by Type
9.6.1 Raw Chicken Wings
9.6.2 Processed Chicken Wings
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 Wings Market Size Forecast by Applications
9.10.1 Retails
9.10.2 Foodservices
9.10.3 Food Processing Plant
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 Wings Analysis and Forecast
10.1 Introduction
10.2 Europe Chicken Wings 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 Wings Market Size Forecast by Type
10.6.1 Raw Chicken Wings
10.6.2 Processed Chicken Wings
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 Wings Market Size Forecast by Applications
10.10.1 Retails
10.10.2 Foodservices
10.10.3 Food Processing Plant
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 Wings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chicken Wings 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 Wings Market Size Forecast by Type
11.6.1 Raw Chicken Wings
11.6.2 Processed Chicken Wings
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 Wings Market Size Forecast by Applications
11.10.1 Retails
11.10.2 Foodservices
11.10.3 Food Processing Plant
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 Wings Analysis and Forecast
12.1 Introduction
12.2 Latin America Chicken Wings 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 Wings Market Size Forecast by Type
12.6.1 Raw Chicken Wings
12.6.2 Processed Chicken Wings
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 Wings Market Size Forecast by Applications
12.10.1 Retails
12.10.2 Foodservices
12.10.3 Food Processing Plant
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 Wings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chicken Wings 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 Wings Market Size Forecast by Type
13.6.1 Raw Chicken Wings
13.6.2 Processed Chicken Wings
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 Wings Market Size Forecast by Applications
13.10.1 Retails
13.10.2 Foodservices
13.10.3 Food Processing Plant
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 Wings Market: Competitive Dashboard
14.2 Global Chicken Wings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JBS S.A.
14.3.2 Tyson Foods
14.3.3 BRF
14.3.4 New Hope Liuhe
14.3.5 Wen's Food Group
14.3.6 CP Group
14.3.7 Perdue Farms Inc
14.3.8 Koch Foods LLC
14.3.9 Industrias Bachoco
14.3.10 The Arab Company for Livestock Development
14.3.11 JBS S.A.
14.3.12 LDC
14.3.13 Suguna Foods
14.3.14 Plukon Food Group
14.3.15 Cargill
14.3.16 Henan Doyoo Group
14.3.17 OSI Group LLC
14.3.18 Fujian Sunner Group
14.3.19 PRIOSKOLYE
14.3.20 Wayne Farms LLC
14.3.21 Gruppo Veronesi SpA
14.3.22 PHW Group
14.3.23 Mountaire Farms Inc
14.3.24 San Miguel Pure Foods
14.3.25 JAPFA
14.3.26 2 Sisters Food Group
14.3.27 Huaying Agricultural
