Duck Meat Products Market Overview
Duck Meat Products Market Size was valued at USD 2.9 Billion in 2022. The duck meat products market industry is projected to grow from USD 3.079 Billion in 2023 to USD 4.9833 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.20% during the forecast period (2023–2032). Due to the rising demand for products made from duck meat, the market for those products has experienced tremendous expansion. Additionally, growing consumer knowledge of the health advantages of duck meat intake is a major market driver in the duck meat products industry.is extracted mainly from the heart, breasts, liver, and legs. Duck products are gaining popularity among consumers across the globe, owing to the health benefits associated with the consumption of duck meat. Duck meat offers a healthy source of protein; minerals, such as zinc and selenium; and vitamins, including B-5 and B-12. Zinc and selenium boost the cellular metabolism of the human body. Furthermore, duck meat is known as lean meat, and it is low in cholesterol as compared to turkey and chicken breast.
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Regional Analysis
Asia-Pacific is expected to be the largest market for Duck Meat Products Market Size during the forecast period due to changing consumption patterns, which leads to consumers opting for alternative protein sources to chicken and turkey. Duck meat has red meat flavor, which is like steak than to turkey and chicken, which makes it an alternative for both in recipes. Additionally, it contains linoleic acid, which is a vital fatty acid. This acid is used by the human body to maintain healthy cells. Asia-Pacific is the largest regional market for consumption of duck, which is driving the market growth.
Europe is expected to be another prominent market for duck meat products during the assessment period due to increasing population and changing food choices, which leads to increasing demand for duck meat products. In the UK and Germany, there has been a steady rise in the demand for duck meat products.
The growth of North America duck meat products market can be attributed to increased consumption of duck meat products as they are good for weight management. Duck meat market outlook consists of enough amount of fat and fatty acids which helps in weight gain. Additionally, copper is one of the main elements of duck meat which helps in decreasing the bad cholesterol level and raising good cholesterol in the human body. Thus, considering these factors the US and Canada are projected to be the major contributors to the growth of North America duck meat products market.
Segment Analysis
The global duck meat products market overviews has been segmented by product type, category, distribution channel, and region.
The market by product type has been segmented into whole, cuts, ground, sausages, and others.
The market, by category, has been classified as frozen, fresh, and others.
On the basis of distribution channel, the Key Duck Meat Products Market Players has been divided into store-based and non-store-based. The store-based segment is further segregated into supermarkets & hypermarkets, specialty stores, and others.
Based on product type, the global duck meat products market has been segmented into whole, cuts, ground, sausages, and others. The cuts segment is expected to dominate the global duck meat products market during the forecast period as these are easier to cook and are also used for different recipes. For instance, ground duck is required to prepare duck meatballs. The sausages segment is expected to be the fastest growing during the forecast period owing to the increasing consumption of processed meats for its taste and as a breakfast meal.
Some of the key players in the global duck meat products market are :
AJC International, Inc. (US), Charoen Pokphand Foods Public Company Limited (Thailand), Maple Leaf Farms, Inc. (US), Pepe’s ducks ltd (Australia), Shandong New Hope Liuhe Group Ltd. (China), and Courtin Hervouet (France).
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