LONDON–(BUSINESS WIRE)–Technavio estimates the worldwide duck meat market to develop by USD 1.31 billion, progressing at a CAGR of over 2% in the course of the forecast interval. The report affords an up-to-date evaluation concerning the present market situation, the newest developments and drivers, and the general market setting.
The market is pushed by the growing international manufacturing of duck meat. Nevertheless, the growing recognition of the vegan weight loss program may problem progress.
Duck Meat Market: Product Panorama
Based mostly on the product, the market noticed most progress within the recent duck meat phase. The phase is pushed by the rising consciousness in regards to the well being advantages related to the consumption of duck meat and the growth of manufacturing capacities by distributors. The market progress within the phase might be vital over the forecast interval.
Duck meat Market: Geography Panorama
80% of the market’s progress originated from APAC in 2019. Components corresponding to growing well being consciousness, the comfort provided by processed meats, and the growth of fast-food chains are driving the expansion of the market in APAC.
China, Japan, and Malaysia are the important thing markets for duck meat in APAC. Market progress on this area might be sooner than the expansion of the market in MEA.
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Main Three Duck Meat Market Distributors:
AJC Worldwide Inc.
AJC Worldwide Inc. operates its enterprise by way of segments corresponding to Poultry, Pork, Meat, Greens and Fruits, and Seafood. The corporate affords duck meat beneath the model title the golden phoenix.
AMI LLC sp.ok
AMI LLC sp.ok operates its enterprise by way of segments corresponding to Brazil, Worldwide, and Others. The affords totally different frozen duck meat merchandise corresponding to duck wings and others.
Cargill Inc. operates its enterprise by way of segments corresponding to Agriculture, Animal Diet, Magnificence, Bioindustrial, Meals and Beverage, Pharmaceutical, Industrial, Meat and poultry, and Others. The corporate affords duck meat within the UK.
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Technavio suggests three forecast situations (optimistic, possible, and pessimistic) contemplating the influence of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis studies.
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