Consumption of chicken can have many benefits for the body. Chicken is rich in protein, niacin, and phosphorus, which are healthy for the body. There is an increase in the demand for packaged food owing to the increase in awareness and availability of ready to eat food. The packaged chicken is processed through many steps to make it healthier and it can have a long shelf life. It is preferred by the household, restaurants, and other eatery places.
COVID-19 Scenario Analysis:
- COVID-19 has greatly affected the packaged food market.
- Although there is an increase in the demand for products that have a long shelf life, the companies are facing problems with the increase in demand as there is less supply.
- The lockdown has paused the production in the factories.
- The restriction on travel has also caused problems in the supply chain.
- The workforces are migrating that have affected the function of the factories. The lack of laborers has stopped the production.
- The companies are taking preventive measures to fulfill the demand for the customers. The companies are opting D2C distribution system.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
An increase in the demand for ready to cook thigh, marinated wings, and different types of packaged chicken, and rapid urbanization can be the factors that drive the growth of the global packaged chicken market. Packaged chicken is a convenient source to get meat and can be easily cooked. Packaging and the increase in the demand for the long shelf life in the chicken products are the factors that boost the growth of the market.
The global packaged chicken market trends are as follows:
The companies are focusing on making the packaging that can be recycled and reused due to increase in awareness of the environmental issues. Some companies are also taking the initiative to reduce food wastage. The companies are increasing their market by selling their products on the online market and also providing home delivery services to ease the work of the customers. The demand for packaged chicken has increased due to increase in online portals. The companies also infused herbs and other ingredients to enhance the nutrients and the quality of the product.
Key Benefits of the Report:
- This study presents the analytical depiction of the global packaged chicken industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global packaged chicken market share.
- The current market is quantitatively analyzed to highlight the global packaged chicken market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global packaged chicken market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Packaged chicken Market Research Report:
- What are the leading market players active in the packaged chicken market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Packaged Chicken Market Report Highlights
By Sales Channel
Key Market Players
Perdue, Pilgrim’s Pride, Foster Farms, Delightful Gourmet Pvt. Ltd., Koch Foods Sanderson Farms, Tyson Foods, Venkys, ConAgra Foods, Ingham’s Group Limited