Organic Chicken Market: North America to Occupy 40% Market Share | Fresh & Frozen Segment

NEW YORK, June 30, 2022 /PRNewswire/ — The organic chicken market estimates a market value of USD 8.73 billion from 2021 to 2026 as per the latest market report by Technavio. In addition, the report projects the market to progress at a CAGR of 16.85%. 40% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for the organic chicken market in North America. Market growth in this region will be faster than the growth of the market in the Middle East and Africa. The implementation of push-marketing methods by key suppliers such as Foster Farms, Hain Celestial, and Hoffman Certified Organics will facilitate the organic chicken market growth in North America over the forecast period

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Organic Chicken Market: Segmentation Analysis

The market research report segments the organic chicken market by Type (Fresh and frozen and Processed) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa).

Revenue Generating Segment:

• The organic chicken market share growth in the fresh and frozen segment will be significant for revenue generation.

• The fresh and frozen segment includes primal and sub-primal cuts of organic chicken as well as organic meat. These products are sold in a fresh, refrigerated, and frozen state.

• Frozen foods are more conducive to long-term storage, and, hence, consumers have more propensity toward frozen meat. The primary factor that drives the growth of the fresh and frozen segment is population growth, which will increase the overall consumption of animal products, including organic chicken. Such key factors will drive the segment growth during the forecast period.

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Organic Chicken Market: Drivers

• The wide product range along with the easy availability of organic chicken is one of the key drivers supporting the organic chicken market growth.

• The growth of the global retail sector supplements the demand for organic chicken. Retail brands such as Aldi are planning for expansion and focusing on online and offline selling of the products, including organic chicken. Online availability of products, including organic chicken, will drive the consumer chicken market as consumers will be able to order chicken online according to their convenience.

• In addition, with the increasing purchasing power in emerging economies, the number of retail vendors is expected to expand in emerging economies. Even high demand for organic chicken has increased its availability in a number of grocery stores. Therefore, the growth of the retail sector in various countries acts as a catalyst for the growth of the global organic chicken market.

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Get ready to achieve excellent business outcomes from this exclusive Organic Chicken Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

• What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?

• What is the current trend taking place in the market space?

• Which business tactics will influence competitive scenarios along with defining the market’s growth potential?

• What are market drivers, restraints, and challenges impacting demand & growth of the market?

• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Organic Chicken Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Organic Chicken Market Forecast Report –  Buy Now!

Related Reports:

• The meat packaging market share is expected to increase by USD 2.27 billion from 2021 to 2026, at a CAGR of 5%.

• The  barbecue sauce market share is expected to increase to USD 298.85 million from 2021 to 2026, at a CAGR of 4.37%.

Table of Content

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Type

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio