Duck Meat Products Market Research, Business Prospects, and Forecast 2032
Duck Meat Products Market Overview
Duck Meat Products Market size is
estimated to reach USD 4.9833 billion by 2032, and the market is expected to
register a growth rate of 6.20 % during the forecast period of 2019 to 2032.
Market Dynamics
People all over the world are discovering
that duck meat is both nutritious and delicious. Because duck meat is sold in a
variety of shops around the world, it is increasingly prepared and put in
sterile packaging. People all throughout the world are becoming wealthier, and
their lives are becoming far busier than they were previously. These are some
of the main reasons propelling the Duck
Meat Products Market share.
Many duck meat processing companies are
discovering that adding extra nutrients and vitamins to the meat is quite
profitable. People are willing to pay a premium for items that are
nutritionally enhanced. These businesses are conducting the necessary research
and development to create technologies that will improve the nutritional value
of duck meat even further.
Duck meat is generally more expensive than
chicken, pig, and (sometimes) beef. This is especially true with duck meat
farmed organically. This is an issue that is preventing the market from
growing. The most difficult task that duck meat processing companies will
confront is keeping the price of duck meat within a range that is affordable to
the majority of people around the world while still attempting to improve its
nutritional value.
Competitive Landscape
Key players profiled in the duck meat
products market include Famille Dumecq – Canard des Landes (France), Ferme
Uhartia (France), Lu Canard (Mexico), Luv-a-Duck (Australia), TCH Group (US),
Charoen Pokphand Foods (Thailand), COOPERATIVE FOIE GRAS DE CHALOSSE (France),
Courtin Hervouet (France), Shandong New Hope Liuhe Group Ltd. (China), Pepe's
ducks ltd (Austalia), Maple Leaf Farms, Inc. (US), Delpeyrat SAS (France), and
AJC International, Inc. (US).
Segmentation
The market is divided into four types:
whole, cuts, ground, and others.
The market is divided into three categories:
fresh, frozen, and processed.
The market is divided into two types of
distribution channels: store-based and non-store-based.
Region Overview
The duck
meat products market research is now dominated by the North American
region. This is particularly true in Canada, where ducks abound. Many people in
the United States of America enjoy eating duck meat. Duck meat is becoming increasingly
popular in the United States. In the North American region, the CAGR is
extremely high. For the foreseeable future, it may even be much higher than the
worldwide CAGR. Duck meat has long been a favorite among Canadians, owing to
the country's milder (albeit occasionally icy) environment. Canada also
contains a large number of freshwater lakes and vast stretches of undeveloped
wilderness. Wild and farmed ducks have historically made their homes in these
areas. Duck meat products are becoming increasingly popular in Canada as people
become more health-conscious and aware of the various health advantages of duck
meat.
The Asia-Pacific area is likewise
experiencing a rapid growth rate. China is one of the key contributors to the
region's high CAGR. The Chinese will eat anything, and duck flesh has long been
regarded a delicacy and a fixture on the dinner table. Naturally, as people
become wealthier, better educated, and more health-conscious, demand for duck
meat products grows in this country. Duck meat items are very popular in India;
the lowest castes and classes have long considered duck meat products to be a
basic diet. In addition, as India's economy develops, a robust middle class
emerges. This middle class has a substantial amount of money. The majority of
these individuals are well-educated and health-conscious. They're also open to
adopting Western eating patterns
Because individuals in this region of the
world are particularly health-conscious, the market for duck meat products is
increasing at a fair rate in the European Union. They're also becoming more
aware of the numerous health benefits of duck meat. One of these is that the
nutrients in it aid in the proper functioning of the nervous system.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
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Market Research Future (part of
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