Enjoy complimentary customisation on priority with our Enterprise License!
The global duck meat market is projected to reach a value of USD 1.83 billion, at a CAGR of 2.94%. This expansion can be attributed to the rising demand for duck meat due to its health benefits and the increased production capacities of major companies. Duck meat is a nutrient-dense source of protein, containing essential nutrients such as niacin, iron, zinc, phosphorus, riboflavin, vitamin B-6, thiamine, vitamin B-12, folate, and magnesium. Despite the global economic crisis, the market for duck meat continues to grow, with processed duck meat finding popularity in the foodservice sector. Animal husbandry practices have led to the farming of various duck breeds, including Pekin and Muscovy ducks, for meat production. It can be prepared in various ways, including roasting, grilling, frying, and braising, and is a popular alternative to white and red meat for those following a vegan diet or exploring lab-grown and cultured meat options. Waterfowl, both farmed and wild, are the primary sources of duck meat, with Peking duck and duck à l'orange being popular dishes. Duck skin is also a valued component of the market, used in various culinary applications.
To get additional information about the market research and growth, Request Free Sample
The shift towards vegan diets has led to an increase in demand for plant-based alternatives, but the nutritional benefits of duck meat make it a preferred choice for many consumers. Meat processors are investing in cultured meat technology to produce duck meat sustainably and efficiently, reducing the reliance on traditional farming methods. Overall, the market is expected to grow, driven by the demand for high-quality, nutrient-dense meat from various industries.
The market encompasses various types, including those from lab-grown and cellular agriculture, as well as farmed-duck and wild waterfowl such as Pekin and Muscovy ducks. Molecular agriculture plays a significant role in the production of nutrient-dense duck meat, ensuring adequate levels of essential nutrients like Niacin, Iron, Zinc, Phosphorus, Riboflavin, Vitamin B-6, Thiamine, Vitamin B-12, Folate, and Magnesium. In the foodservice sector, its consumption continues to grow due to its rich taste and nutritional value.
The development of cultivated meat using cellular agriculture helps obtain cultivated meats that are eco-friendly and do not involve the slaughter of animals and is the key trend of the market. The global market is experiencing significant growth due to advancements in lab-grown meat through molecular agriculture. This eco-friendly process, also known as cellular agriculture, does not require the slaughter of animals and is expected to decrease animal meat consumption and contribute to climate change mitigation. Despite the high manufacturing costs, investments, such as Upside Foods' USD400 million raise in April 2022, are accelerating the commercialization of cultured meat. It is a nutrient-dense white and red meat, rich in essential nutrients like myoglobin, niacin, iron, zinc, phosphorus, riboflavin, vitamin B-6, thiamine, vitamin B-12, folate, and magnesium. Processed duck meat is widely used in the foodservice sector, while animal husbandry continues to provide farmed and wild duck varieties, including Pekin, Muscovy, and various duck-skins. Preparation methods include roasting, grilling, frying, and braising, resulting in dishes like Peking duck and duck à l'orange. AJC International and other meat processors are exploring the potential of cultured meat to meet the demand for sustainable and ethical meat alternatives.
The increasing popularity of vegan diets is challenging market expansion. The global shift towards vegan diets poses a significant challenge to the market. Over the last decade, the number of individuals adhering to vegan food choices has tripled. This trend is reflected in the foodservice sector, which now offers an expanded range of vegan options. The popularity of veganism is driven by various health benefits, including the presence of essential nutrients like Niacin, Iron, Zinc, Phosphorus, Riboflavin, Vitamin B-6, Thiamine, Vitamin B-12, Folate, and Magnesium in vegan diets. As the world grapples with the economic crisis, alternative protein sources like lab-grown meat and molecular agriculture gain traction. Traditional duck meat, categorized as red meat due to its myoglobin content, faces competition from nutrient-dense, white meat alternatives like chicken breasts. Duck meat processors, including AJC International and producers of farmed duck, Turkey and wild ducks such as Pekin, Muscovy, and waterfowl, must adapt to this changing market landscape. Consumption of processed meat through methods like roasting, grilling, frying, and braising continues, but its market share is dwindling. Cultured duck meat is an emerging alternative, but it remains to be seen how it will impact the traditional market during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Amidst the global economic crisis, the market faces challenges due to the increasing trend towards online shopping and the rise of alternative protein sources like lab-grown meat and molecular agriculture. Traditional sales channels, including hypermarkets, supermarkets, clubhouse stores, department stores, and independent retailers, have seen declining revenue from duck meat sales. Retailers respond by implementing new strategies, such as improved pricing and expanded assortments. In the marketing and sales of duck meat, attractive displays are utilized to boost sales. It is a nutrient-dense source of protein, rich in myoglobin, niacin, iron, zinc, phosphorus, riboflavin, vitamin B-6, thiamine, vitamin B-12, folate, and magnesium. It is consumed in various forms, such as white meat, red meat, and processed duck meat, through the foodservice sector and animal husbandry. These processors offer a range of products, including Pekin duck, Muscovy duck, and duck skin, prepared through methods like roasting, grilling, frying, and braising. The market includes key players like AJC International and waterfowl farmers producing farmed and wild duck.
The market share growth by the offline segment will be significant during the forecast period. It includes various formats such as hypermarkets, supermarkets, clubhouse stores, department stores, and independent retailers. Moreover, increasing online sales have also been observed. Moreover, companies are investing in store expansion and utilizing business strategies like better pricing strategies, wider assortments, and attractive displays to compete in the market and increase sales. Moreover, major players are expanding sales by catering to a wide range of consumer categories with diverse demands. The most popular formats include hypermarkets and supermarkets such as Walmart and Target which offer a wide range of meat products at varying prices
For a detailed summary of the market segments Request for Sample Report
Department stores is also a major offline channel due to a growing number of stores, diverse product portfolios, and easy accessibility. Independent retailers are also expanding in which an owner oversees all the operations of the store. These include staffing, marketing, merchandising, and sales. Hence, such factors are expected to boost the market growth and forecasting segment demand during the forecast years.
Get a glance at the market share of various regions View PDF Sample
APAC is estimated to contribute 73% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In the APAC region, the market is experiencing significant growth. Thai and Vietnamese duck curries are popular dishes that contribute to the demand for this protein-rich meat. Duck confit is another preferred preparation method. Consumers are increasingly seeking duck meat as a healthier alternative to beef and hog. Price sensitivity and dietary restrictions are factors influencing consumer preferences. However, concerns regarding environmental effects, water use, and waste management may impact market growth. Preservatives are used in processed duck items, which can be a concern for some consumers. Classic dishes and offerings in international restaurants continue to drive demand. The market can be segmented into store-based and non-store-based sales, with frozen whole-ducks, duck chops, and processed duck-items being popular choices.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The duck meat market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is a significant sector in the animal protein industry, with key players focusing on supplying high-quality products to meet the increasing demand. Duck meat is a popular source of protein in various cuisines worldwide, particularly in Asia. Major duck meat producing countries include China, Egypt, and Hungary. In China, its consumption is high due to its cultural significance in traditional dishes like Peking Duck and Chinese Roast Duck. Egypt is another major producer, with a significant portion of the production being exported to Europe and the Middle East. Hungary is known for its Foie Gras production, a delicacy made from the liver of duck or goose. The market is driven by factors such as increasing consumer awareness of the nutritional benefits, growing demand for organic and free-range duck meat, and the rising popularity of Asian cuisine globally. Additionally, the market is expected to grow due to the increasing demand for alternative sources of protein and the expanding retail sector.
Molecular cultivation is an emerging trend in the market, with companies exploring the potential of producing it through cellular agriculture. This innovative approach could potentially address concerns related to animal welfare and sustainability while meeting the growing demand. In conclusion, the global market is set for growth, driven by factors such as increasing consumer awareness, cultural significance, and emerging trends. Key players in the market are focusing on innovation and sustainability to meet the evolving demands of consumers.
The market forecast report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in USD Billion for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments.
Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.94% |
Market growth 2023-2027 |
USD 1.83 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
2.73 |
Regional analysis |
APAC, Europe, Middle East and Africa, North America, and South America |
Performing market contribution |
APAC at 73% |
Key countries |
China, Japan, Malaysia, France, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AJC International Inc., AMI LLC sp.k, Cargill Inc., Charoen Pokphand Foods PCL, Cooperativacentralaurora, CulverDuck Farms, Gressingham Foods, Grimaud Farms, Joe Jurgielewicz and Son Ltd., Kuhne Heitz Holland B.V., Luv a Duck Pty Ltd., Maple Leaf Farms Inc., New Hope Liuhe Co. Ltd., Orvia, PANNDDU POULTRY FARMS AND HATCHERIES, PepesDucks Ltd., Surabhi Meat Traders, Upside Foods Inc., Westminster Meat Market Ltd., and YESRAJ AGRO EXPORTS PVT. LTD. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
BUY NOW Full Report and Discover more
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.