PUBLISHER: IMARC | PRODUCT CODE: 1541060
PUBLISHER: IMARC | PRODUCT CODE: 1541060
The global chicken flavor market size reached US$ 707.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 971.4 Million by 2032, exhibiting a growth rate (CAGR) of 3.47% during 2024-2032.
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.
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.
IMARC Group 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 2024-2032. Our report has categorized the market based on form, nature, packaging, application, and end user.
Liquid
Powder
Organic
Conventional
Bag
Bottle
Box
Jar
Can
Sachets and Pouches
Others
Soups and Sauces
Food and Beverages
Animal Feed
Bakery Products
Confectionery Products
Others
Business-to-Business (B2B)
Business-to-Consumer (B2C)
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
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., Nestle S.A., The J.M. Smucker Company, The Kraft Heinz Company, Trailtopia LLC, and Unilever plc.