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Chicken Flavor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 149 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5700792
Description Jump to:
The global chicken flavor market size reached US$ 680.6 Million in 2022. Looking forward, the analyst expects the market to reach US$ 870.1 Million by 2028, exhibiting a growth rate (CAGR) of 3.98% during 2023-2028.

A chicken flavor is a form of yeast extract flavoring that gives the taste of the chicken. It is manufactured using real chicken broth and has a low sodium content. It is commonly added to food items to intensify and improve the sensation of odor, taste, aroma, and texture. The chicken flavor is widely used in sauces, frozen meals, gravies, broths, soups, and stews. It is incorporated into food products to offer a unique flavor and imitate the texture and taste of meat. Currently, it is available in powder and liquid forms and is extensively found in various hypermarkets, supermarkets, and online retailers.

Chicken Flavor Market Trends:

Significant growth in the food and beverage (F&B) industry and the rising demand for meat-flavored food products across the globe are creating a positive outlook for the market. Additionally, the widespread adoption of chicken flavor for shortcut cooking among individuals preoccupied with employment and education is favoring the market growth. In line with this, the launch of frozen and ready-to-eat (RTE) chicken-flavored items due to hectic schedules and busy lifestyles is acting as another growth-inducing factor. Apart from this, the introduction of chicken-flavored protein powder and supplements due to the rising health-conscious population is providing an impetus to the market growth. Moreover, manufacturers are focusing on developing natural chicken flavor that is minimally processed, does not contain synthetic components, and assists in reducing the harmful effects of chemical additives on the body is facilitating the market growth. Furthermore, the widespread adoption of sustainable technology to manufacture liquid-based chicken-flavored products is positively influencing the market growth. Other factors, including the increasing demand for clean-label food products with natural flavors, widespread product adoption in fast food joints and cafes, extensive research and development (R&D) activities, and the rising expenditure capacities of consumers, are supporting the market growth.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global chicken flavor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on form, nature, packaging, application and end user.

Breakup by Form:

  • Liquid
  • Powder

Breakup by Nature:

  • Organic
  • Conventional

Breakup by Packaging:

  • Bag
  • Bottle
  • Box
  • Jar
  • Can
  • Sachets and Pouches
  • Others

Breakup by Application:

  • Soups and Sauces
  • Food and Beverages
  • Animal Feed
  • Bakery Products
  • Confectionery Products
  • Others

Breakup by End User:

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being ACH Food Companies Inc. (Associated British Foods plc), Givaudan, Hormel Foods Corporation, Kent Precision Foods Group Inc. (Kent Corporation), Kerry Group plc, Koninklijke DSM N.V., Nestlé S.A., The J.M. Smucker Company, The Kraft Heinz Company, Trailtopia LLC and Unilever plc.

Key Questions Answered in This Report:

  • How has the global chicken flavor market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global chicken flavor market?
  • What are the key regional markets?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the nature?
  • What is the breakup of the market based on the packaging?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global chicken flavor market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Chicken Flavor Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Form
6.1 Liquid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Powder
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Nature
7.1 Organic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Conventional
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Packaging
8.1 Bag
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Bottle
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Box
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Jar
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Can
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Sachets and Pouches
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Application
9.1 Soups and Sauces
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Food and Beverages
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Animal Feed
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Bakery Products
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Confectionery Products
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by End User
10.1 Business-to-Business (B2B)
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Business-to-Consumer (B2C)
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 ACH Food Companies Inc. (Associated British Foods plc)
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Givaudan
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Hormel Foods Corporation
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Kent Precision Foods Group Inc. (Kent Corporation)
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Kerry Group plc
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.6 Koninklijke DSM N.V.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Nestlé S.A.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 The J.M. Smucker Company
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 The Kraft Heinz Company
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Trailtopia LLC
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Unilever plc
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
List of Figures
Figure 1: Global: Chicken Flavor Market: Major Drivers and Challenges
Figure 2: Global: Chicken Flavor Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Chicken Flavor Market: Breakup by Form (in %), 2022
Figure 5: Global: Chicken Flavor Market: Breakup by Nature (in %), 2022
Figure 6: Global: Chicken Flavor Market: Breakup by Packaging (in %), 2022
Figure 7: Global: Chicken Flavor Market: Breakup by Application (in %), 2022
Figure 8: Global: Chicken Flavor Market: Breakup by End User (in %), 2022
Figure 9: Global: Chicken Flavor Market: Breakup by Region (in %), 2022
Figure 10: Global: Chicken Flavor (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Chicken Flavor (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Chicken Flavor (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Chicken Flavor (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Chicken Flavor (Organic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Chicken Flavor (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Chicken Flavor (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Chicken Flavor (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Chicken Flavor (Bag) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Chicken Flavor (Bag) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Chicken Flavor (Bottle) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Chicken Flavor (Bottle) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Chicken Flavor (Box) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Chicken Flavor (Box) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Chicken Flavor (Jar) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Chicken Flavor (Jar) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Chicken Flavor (Can) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Chicken Flavor (Can) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Chicken Flavor (Sachets and Pouches) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Chicken Flavor (Sachets and Pouches) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Chicken Flavor (Other Packaging Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Chicken Flavor (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Chicken Flavor (Soups and Sauces) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Chicken Flavor (Soups and Sauces) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Chicken Flavor (Food and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Chicken Flavor (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Chicken Flavor (Animal Feed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Chicken Flavor (Animal Feed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Chicken Flavor (Bakery Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Chicken Flavor (Bakery Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Chicken Flavor (Confectionery Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Chicken Flavor (Confectionery Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Chicken Flavor (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Chicken Flavor (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Chicken Flavor (Business-to-Business (B2B)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Chicken Flavor (Business-to-Business (B2B)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Chicken Flavor (Business-to-Consumer (B2C)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Chicken Flavor (Business-to-Consumer (B2C)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia-Pacific: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia-Pacific: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: Chicken Flavor Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: Chicken Flavor Market: Breakup by Country (in %), 2022
Figure 96: Middle East and Africa: Chicken Flavor Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Global: Chicken Flavor Industry: SWOT Analysis
Figure 98: Global: Chicken Flavor Industry: Value Chain Analysis
Figure 99: Global: Chicken Flavor Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Chicken Flavor Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Chicken Flavor Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 3: Global: Chicken Flavor Market Forecast: Breakup by Nature (in Million US$), 2023-2028
Table 4: Global: Chicken Flavor Market Forecast: Breakup by Packaging (in Million US$), 2023-2028
Table 5: Global: Chicken Flavor Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Chicken Flavor Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 7: Global: Chicken Flavor Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Chicken Flavor Market: Competitive Structure
Table 9: Global: Chicken Flavor Market: Key Players

Companies Mentioned

  • ACH Food Companies Inc. (Associated British Foods plc)
  • Givaudan
  • Hormel Foods Corporation
  • Kent Precision Foods Group Inc. (Kent Corporation)
  • Kerry Group plc
  • Koninklijke DSM N.V.
  • Nestlé S.A.
  • The J.M. Smucker Company
  • The Kraft Heinz Company
  • Trailtopia LLC
  • Unilever plc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages149
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 680.6 Million
Forecasted Market Value ( USD ) by 2028 $ 870.1 Million
Compound Annual Growth Rate4.2%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Chicken Flavor Market

The Chicken Flavor market within the Food Ingredients industry is a large and diverse sector. It encompasses a wide range of products, from natural and artificial flavorings to seasonings and marinades. These products are used to enhance the flavor of a variety of dishes, from soups and stews to salads and sandwiches. Chicken Flavor products are also used to add a unique flavor to snacks and desserts. The Chicken Flavor market is highly competitive, with many companies offering a variety of products. Companies such as McCormick, Ajinomoto, and Givaudan are well-known for their flavorings and seasonings. Other companies, such as Kerry Group and Sensient, specialize in natural and artificial flavorings. Additionally, there are many smaller companies that offer unique products, such as marinades and sauces. In conclusion, the Chicken Flavor market within the Food Ingredients industry is a large and diverse sector. It is highly competitive, with many companies offering a variety of products. Companies such as McCormick, Ajinomoto, Givaudan, Kerry Group, and Sensient are some of the major players in the market. Show Less Read more

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