[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Asia Pacific Chicken Extract Market Forecast to 2030 - Regional Analysis - by Product Type (Chicken Powder, Broth and Stock, and Chicken Paste), Category (Organic and Conventional), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

April 2024 | 88 pages | ID: A41C682E67CBEN
The Insight Partners

US$ 3,550.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The Asia Pacific chicken extract market was valued at US$ 845.28 million in 2022 and is expected to reach US$ 1,245.30 million by 2030; it is estimated to record a CAGR of 5.0% from 2022 to 2030.

Strategic Initiatives by Key Market Players Drive Asia Pacific Chicken Extract Market

Chicken extract manufacturers are taking several strategic initiatives such as new product launches, production capacity scaleup, mergers and acquisitions, and collaborations to satisfy growing consumer demand and strengthen their foothold in the market. For instance, in March 2023, Z Natural Foods announced the launch of a new instant bone broth soup base powder. The launch was aimed to cater to the growing demand for protein-rich food products. In addition, the demand for organic products has surged owing to an increase in consumer interest in healthy food products. This has encouraged manufacturers to introduce healthy food products. For instance, in April 2023, Borough Broth Company, in partnership with Planet Organic, announced the launch of four products-Organic Chicken Bone Broth, Organic Chicken and Ginger Bone Broth, Organic Super Greens Soups, and Organic Butternut and Coconut Soup. The launch was aimed to cater to the increasing consumer demand for healthy and sustainable food. Thus, strategic initiatives by key market players boost the Asia Pacific chicken extract market growth.

Asia Pacific Chicken Extract Market Overview

In Asia Pacific, the market for chicken extracts is witnessing significant growth due to the cultural significance of poultry-based dishes across many Asian cuisines. Chicken is a staple protein source in various Asian culinary traditions, and chicken extracts are added to a wide range of Asian dishes to impart rich and authentic flavors.

Moreover, the rising disposable income and urbanization in many Asia Pacific countries have led to changes in consumer lifestyles. Urban dwellers often seek convenience in their cooking without compromising on taste. Chicken extracts offer an easy way to elevate the flavor of dishes, saving time in the kitchen and catering to the fast-paced urban lifestyle.

The increasing trend of snacking in Asia Pacific nations has also contributed to the surge in chicken extract sales. Chicken extracts are versatile ingredients used in snacks, such as soups, broths, etc., which are popular among consumers in the region. This versatility makes them valuable in developing new and exciting snack options, further driving their market growth.

Asia Pacific Chicken Extract Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Chicken Extract Market Segmentation

The Asia Pacific chicken extract market is segmented based on product type, category, distribution channel, and country.

Based on product type, the Asia Pacific chicken extract market is segmented into chicken powder, broth and stock, and chicken paste. The broth and stock segment held the largest share in 2022.

In terms of category, the Asia Pacific chicken extract market is bifurcated into organic and conventional. The conventional segment held a larger share in 2022.

By distribution channel, the Asia Pacific chicken extract market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share in 2022.

Based on country, the Asia Pacific chicken extract market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific chicken extract market in 2022.

Campbell Soup Co, The Kraft Heinz Co, Ajinomoto Philippines Corp, Lee Kum Kee Co Ltd, Nutra Organics Pty Ltd, Unilever Plc, and Hormel Foods Corp are some of the leading companies operating in the Asia Pacific chicken extract market.
1. INTRODUCTION

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. EXECUTIVE SUMMARY

2.1 Key Market Insights
2.2 Market Attractiveness

3. RESEARCH METHODOLOGY

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions

4. ASIA PACIFIC CHICKEN EXTRACT MARKET LANDSCAPE

4.1 Overview
4.2 Porter's Five Forces Analysis
  4.2.1 Bargaining Power of Suppliers
  4.2.2 Bargaining Power of Buyers
  4.2.3 Threat of New Entrants
  4.2.4 Competitive Rivalry
  4.2.1 Threat of Substitutes
4.3 Ecosystem Analysis
  4.3.1 Raw Material Suppliers:
  4.3.2 Manufacturers:
  4.3.3 Packaging:
  4.3.4 Distribution Channel

5. ASIA PACIFIC CHICKEN EXTRACT MARKET - KEY INDUSTRY DYNAMICS

5.1 Market Drivers
  5.1.1 Rising Demand for Chicken Extract as Flavor Enhancer in Home Cooking
  5.1.2 Strategic Initiatives by Key Market Players
5.2 Market Restraints
  5.2.1 Stringent Regulatory Compliance Associated with Meat Processing
5.3 Market Opportunities
  5.3.1 Proliferation of E-Commerce Industry
5.4 Future Trends
  5.4.1 Consumer Inclination Toward Nutritional Food
5.5 Impact of Drivers and Restraints:

6. CHICKEN EXTRACT MARKET - ASIA PACIFIC MARKET ANALYSIS

6.1 Asia Pacific Chicken Extract Market Revenue (US$ Million), 2020 - 2030
6.2 Asia Pacific Chicken Extract Market Forecast and Analysis

7. ASIA PACIFIC CHICKEN EXTRACT MARKET ANALYSIS - PRODUCT TYPE

7.1 Chicken Paste
  7.1.1 Overview
  7.1.2 Chicken Paste Market Revenue and Forecast to 2030 (US$ Million)
7.2 Broth and Stock
  7.2.1 Overview
  7.2.2 Broth and Stock Market Revenue and Forecast to 2030 (US$ Million)
7.3 Chicken Powder
  7.3.1 Overview
  7.3.2 Chicken Powder Market Revenue and Forecast to 2030 (US$ Million)

8. ASIA PACIFIC CHICKEN EXTRACT MARKET ANALYSIS - CATEGORY

8.1 Organic
  8.1.1 Overview
  8.1.2 Organic Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Conventional
  8.2.1 Overview
  8.2.2 Conventional Market Revenue, and Forecast to 2030 (US$ Million)

9. ASIA PACIFIC CHICKEN EXTRACT MARKET ANALYSIS - DISTRIBUTION CHANNEL

9.1 Supermarkets and Hypermarkets
  9.1.1 Overview
  9.1.2 Supermarkets and Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Convenience Stores
  9.2.1 Overview
  9.2.2 Convenience Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Online Retail
  9.3.1 Overview
  9.3.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Others
  9.4.1 Overview
  9.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

10. ASIA PACIFIC CHICKEN EXTRACT MARKET - COUNTRY ANALYSIS

10.1 Asia Pacific Chicken Extract Market - Country Analysis
  10.1.1 Asia Pacific Chicken Extract Market Breakdown by Country
    10.1.1.1 Asia Pacific Chicken Extract Market Breakdown by Country
    10.1.1.2 China Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
      10.1.1.2.1 China Chicken Extract Market Breakdown by Product Type
      10.1.1.2.2 China Chicken Extract Market Breakdown by Category
      10.1.1.2.3 China Chicken Extract Market Breakdown by Distribution Channel
    10.1.1.3 Japan Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
      10.1.1.3.1 Japan Chicken Extract Market Breakdown by Product Type
      10.1.1.3.2 Japan Chicken Extract Market Breakdown by Category
      10.1.1.3.3 Japan Chicken Extract Market Breakdown by Distribution Channel
    10.1.1.4 India Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
      10.1.1.4.1 India Chicken Extract Market Breakdown by Product Type
      10.1.1.4.2 India Chicken Extract Market Breakdown by Category
      10.1.1.4.3 India Chicken Extract Market Breakdown by Distribution Channel
    10.1.1.5 Australia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
      10.1.1.5.1 Australia Chicken Extract Market Breakdown by Product Type
      10.1.1.5.2 Australia Chicken Extract Market Breakdown by Category
      10.1.1.5.3 Australia Chicken Extract Market Breakdown by Distribution Channel
    10.1.1.6 South Korea Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
      10.1.1.6.1 South Korea Chicken Extract Market Breakdown by Product Type
      10.1.1.6.2 South Korea Chicken Extract Market Breakdown by Category
      10.1.1.6.3 South Korea Chicken Extract Market Breakdown by Distribution Channel
    10.1.1.7 Rest of Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
      10.1.1.7.1 Rest of Asia Pacific Chicken Extract Market Breakdown by Product Type
      10.1.1.7.2 Rest of Asia Pacific Chicken Extract Market Breakdown by Category
      10.1.1.7.3 Rest of Asia Pacific Chicken Extract Market Breakdown by Distribution Channel

11. COMPANY PROFILES

11.1 Campbell Soup Co
  11.1.1 Key Facts
  11.1.2 Business Description
  11.1.3 Products and Services
  11.1.4 Financial Overview
  11.1.5 SWOT Analysis
  11.1.6 Key Developments
11.2 The Kraft Heinz Co
  11.2.1 Key Facts
  11.2.2 Business Description
  11.2.3 Products and Services
  11.2.4 Financial Overview
  11.2.5 SWOT Analysis
  11.2.6 Key Developments
11.3 Ajinomoto Philippines Corp
  11.3.1 Key Facts
  11.3.2 Business Description
  11.3.3 Products and Services
  11.3.4 Financial Overview
  11.3.5 SWOT Analysis
  11.3.6 Key Developments
11.4 Lee Kum Kee Co Ltd
  11.4.1 Key Facts
  11.4.2 Business Description
  11.4.3 Products and Services
  11.4.4 Financial Overview
  11.4.5 SWOT Analysis
  11.4.6 Key Developments
11.5 Nutra Organics Pty Ltd
  11.5.1 Key Facts
  11.5.2 Business Description
  11.5.3 Products and Services
  11.5.4 Financial Overview
  11.5.5 SWOT Analysis
  11.5.6 Key Developments
11.6 Unilever Plc
  11.6.1 Key Facts
  11.6.2 Business Description
  11.6.3 Products and Services
  11.6.4 Financial Overview
  11.6.5 SWOT Analysis
  11.6.6 Key Developments
11.7 Hormel Foods Corp
  11.7.1 Key Facts
  11.7.2 Business Description
  11.7.3 Products and Services
  11.7.4 Financial Overview
  11.7.5 SWOT Analysis
  11.7.6 Key Developments

12. APPENDIX

LIST OF TABLES

Table 1. Asia Pacific Chicken Extract Market Segmentation
Table 2. Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
Table 4. Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Category
Table 5. Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Distribution Channel
Table 6. China Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
Table 7. China Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Category
Table 8. China Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Distribution Channel
Table 9. Japan Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
Table 10. Japan Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Category
Table 11. Japan Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Distribution Channel
Table 12. India Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
Table 13. India Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Category
Table 14. India Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Distribution Channel
Table 15. Australia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
Table 16. Australia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Category
Table 17. Australia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Distribution Channel
Table 18. South Korea Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
Table 19. South Korea Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Category
Table 20. South Korea Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Distribution Channel
Table 21. Rest of Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Product Type
Table 22. Rest of Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Category
Table 23. Rest of Asia Pacific Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) - Distribution Channel


More Publications