Duck Meat Products Market Size was valued at USD 2.9 Billion in 2023. The duck meat products market industry is projected to grow from USD 3.079 Billion in 2024 to USD 4.9833 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.20% during the forecast period (2024 - 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.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
One of the major drivers propelling the expansion of the market CAGR for duck meat products is the rising output of duck meat. A significant factor influencing the growth of the world market for duck meat products is the increase in the production capacity of the major industry vendors. The increased health advantages of eating duck meat are attributed to the surge in demand for it on a scale. An increase in production capacity by important vendors supports this surge in demand. Customers now have more options on the market as a result. These elements directly impact the expansion of the market for duck meat products. APAC produces most of the duck meat products on the international market. Another significant producer of duck meat products is Europe. Several of the leading nations that produce duck meat on a scale are China, France, the US, and Australia. For instance, the Novosibirsk region will soon see the construction of a duck meat production facility by Ulybino Poultry Farm Company, a significant poultry producer in Russia. During the forecast period, these investments will help expand the market for duck meat products.
The development of lab-grown meat will spur the expansion of the world market for duck meat. The cellular agriculture-based creation of lab-grown meat is a significant trend that will impact the expansion of the worldwide market for duck meat. Unlike traditional methods of producing meat, this eco-friendly method does not necessitate the killing of animals. Duck meat created in a lab and produced sustainably are Memphis Meats' main priorities. Bill Gates, Richard Branson, Tyson Ventures, and other investors have invested in the business. In March 2017, Memphis Meats introduced chicken and duck meat made without animal slaughter in poultry cells. A deal to establish a Centre for Excellence in Cellular Agriculture was inked by Maharashtra (India) and the Institute of Chemical Technology in February 2019 with the Good Food Institute (GFI). GFI anticipates providing test samples of lab-grown meat (produced from animal tissues) by 2020. Also investing in the business is Cargill. Memphis Meats have so far raised a total of $17 million. In addition to facility expansions, the corporation intends to engage in R&D initiatives. The duck meat products market revenue will benefit from such activities for developing clean meat products throughout the forecast period.
The duck meat products market segmentation, based on type includes whole, cuts, ground and others. The whole segment dominated the market. The whole duck, which can be sold fresh or frozen, falls under the category of duck meat products. Due to several factors, including an increase in the demand for specialized meat products, increased knowledge of the health advantages of duck meat, and the appeal of duck in a variety of cuisines, this category has seen significant expansion in recent years.
The duck meat products market segmentation, based on type includes frozen, fresh and processed. The fresh segment dominated the market. This refers to fresh, unprocessed, whole duck or duck meat that hasn't been added preservatives. Fresh duck meat is frequently used in classic dishes and a staple in many international cuisines.
The duck meat products market segmentation, based on distribution channel, includes store based and non-store based. The store-based category generated the most income. Various duck meat products are available through store-based distribution channels, including fresh and frozen whole ducks, duck chops, and other processed duck items. These shops frequently stock various premium duck meat products, including duck confit, duck sausages and other specialty goods.
Figure 1: Duck Meat Products Market, by Distribution Channel, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American duck meat products market area will dominate this market. The popularity of items made from duck meat has increased due to rising health consciousness. This is particularly true in Canada, where there are many ducks. There are a lot of people that enjoy eating duck meat in the United States of America. In reality, Americans are eating duck meat more and more frequently.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: DUCK MEAT PRODUCTS MARKET SHARE BY REGION 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe duck meat products market accounts for the second-largest market share because there is a high level of health consciousness. People are learning more and more about the numerous health benefits of duck meat products. One of them is that the nutrients improve how the nervous system works. Further, the German duck meat products market held the largest market share, and the UK duck meat products market was the fastest growing market in the European region
The Asia-Pacific Duck meat products Market is expected to grow at the fastest CAGR from 2023 to 2032. The expansion of the duck meat products market in APAC over the forecast period will be aided by rising output of duck meat. Due to their storied voracity, Chinese people have historically viewed duck flesh as a delicacy and a main course. Moreover, China’s duck meat products market held the largest market share, and the Indian duck meat products market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the duck meat products market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, duck meat products industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the duck meat products industry to benefit clients and increase the market sector. In recent years, the duck meat products industry has offered some of the most significant advantages to market. Major players in the duck meat products market attempting to increase market demand by investing in research and development operations include AJC International, Inc. (US), Delpeyrat SAS (France), Maple Leaf Farms, Inc. (US), Pepe's ducks ltd (Austalia), Shandong New Hope Liuhe Group Ltd. (China), Courtin Hervouet (France), COOPERATIVE FOIE GRAS DE CHALOSSE (France), Charoen Pokphand Foods (Thailand), TCH Group (US), Luv-a-Duck (Australia), Lu Canard (Mexico), Ferme Uhartia (France), and Famille Dumecq – Canard des Landes (France).
Agro-industrial and culinary goods are sold by Charoen Pokphand Foods Public Co Ltd (CPF). The business's primary activities include obtaining raw materials for the creation of animal feed, producing and distributing animal feeds, breeding and raising animals for commercial use, processing meat, and creating and marketing processed food items. Fresh, prepared, and processed food products are all part of CPF's product line.
New Hope Liuhe Co Ltd (New Hope) produces and distributes animal husbandry and agricultural goods. Dairy goods, meat, feed, and poultry meat are all part of the company's product line. Additionally, New Hope provides services for animal husbandry, including barn design, advice on breeding management, disease diagnosis and treatment, artificial insemination and sperm testing, pasture management analysis, financial analysis, periodic and specialized services.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 2.9 Billion |
| Market Size 2024 | USD 3.079 Billion |
| Market Size 2032 | USD 4.9833 Billion |
| Compound Annual Growth Rate (CAGR) | 6.20% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2023 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Category, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | AJC International, Inc. (US), Delpeyrat SAS (France), Maple Leaf Farms, Inc. (US), Pepe's ducks ltd (Austalia), Shandong New Hope Liuhe Group Ltd. (China), Courtin Hervouet (France), COOPERATIVE FOIE GRAS DE CHALOSSE (France), Charoen Pokphand Foods (Thailand), TCH Group (US), Luv-a-Duck (Australia), Lu Canard (Mexico), Ferme Uhartia (France), and Famille Dumecq – Canard des Landes (France) |
| Key Market Opportunities | Many companies that process duck meat are finding that fortifying it with extra nutrients and vitamins |
| Key Market Dynamics | Increasingly processed and packaged in sterile packaging |
Duck Meat Products Market Highlights:
Frequently Asked Questions (FAQ) :
The duck meat products market size was valued at USD 2.9 Billion in 2023.
The market is projected to grow at a CAGR of 6.20% during the forecast period, 2024-2032.
North America had the largest share in the market
The key players in the market are AJC International, Inc. (US), Delpeyrat SAS (France), Maple Leaf Farms, Inc. (US), Pepe's ducks ltd (Austalia), Shandong New Hope Liuhe Group Ltd. (China), Courtin Hervouet (France), COOPERATIVE FOIE GRAS DE CHALOSSE (France), Charoen Pokphand Foods (Thailand), TCH Group (US), Luv-a-Duck (Australia), Lu Canard (Mexico), Ferme Uhartia (France), and Famille Dumecq – Canard des Landes (France).
The whole category dominated the market in 2023.
The store based had the largest share in the market.
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
