Take out Fried Chicken Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

Published: Dec 2021 Pages: 120 SKU: IRTNTR71761

The take-out fried chicken market share is expected to increase by USD 1.92 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.32%.

This take-out fried chicken market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers take out fried chicken market segmentation by distribution channel (offline and online) and geography (North America, APAC, Europe, South America, and MEA). The take out fried chicken market report also offers information on several market vendors, including Bojangles Restaurants Inc., Cajun Operating Co., Chick-fil-A Inc., GENESIS BBQ, Guss Fried Chicken, McDonald Corp., Raising Canes Restaurants LLC, Restaurant Brands International Inc., Wingstop Inc., and YUM Brands Inc. among others.

What will the Take-Out Fried Chicken Market Size be During the Forecast Period?

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Take-Out Fried Chicken Market: Key Drivers and Challenges

The growth of global multinational fast-food chains is notably driving the take-out fried chicken market growth, although factors such as consumer awareness regarding with health-risks associated with fast-food consumption may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the take-out fried chicken industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Take Out Fried Chicken Market Driver

The growth of multinational fast-food chains and their market expansion plans will drive the growth of the take-out fried chicken market during the forecast period. Multinational fast-food chains have a significant opportunity to expand their businesses globally and focus their efforts on increasing their geographic penetration in both existing and new domestic and international markets. There is high franchisee demand for these fast-food brands. Additionally, there are low entry costs for these brands in developing nations. These brands focus on exploring untapped and emerging markets and increasing their outlets. Additionally, these multinational fast-food brands can customize their wide variety of flavors according to local tastes. Hence, the opening of numerous outlets of the multinational fast-food chains as a part of their market expansion plans and exploration of untapped markets will drive the growth of the take-out fried chicken market during the forecast period. 

Key Take-Out Fried Chicken Market Challenge

Most chronic diseases that afflict consumers in countries such as the US and Canada are predominantly lifestyle induced. They can be linked to the diet of the consumers in these countries as the consumption of fast food, including fried chicken, is high among the consumers. There is rising awareness among the consumers to adopt healthy lifestyle behaviors, including avoiding junk food from their diets. The detrimental impact of consuming excessive quantities of fried food has long been documented, with negative effects including an increased risk of developing diabetes, heart disease, and becoming obese. Consumer awareness about the health risks associated with the consumption of fast food such as fried chicken will impact act as a challenge for the vendors of the take-out fried chicken market and will have a negative impact on the growth of the market during the forecast period.

This take-out fried chicken market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Take-Out Fried Chicken Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Bojangles Restaurants Inc.
  • Cajun Operating Co.
  • Chick-fil-A Inc.
  • GENESIS BBQ
  • Guss Fried Chicken
  • McDonald Corp.
  • Raising Canes Restaurants LLC
  • Restaurant Brands International Inc.
  • Wingstop Inc.
  • YUM Brands Inc.

 

This statistical study of the take-out fried chicken market encompasses successful business strategies deployed by the key vendors. The take-out fried chicken market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The take-out fried chicken market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Take-Out Fried Chicken Market?

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39% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for take-out fried chicken in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Distribution Channel Segments in the Take-Out Fried Chicken Market?

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The take-out fried chicken market share growth by the offline segment will be significant during the forecast period. Fried chicken can be ordered from fast-food outlets as a takeaway through offline channels. Additionally, offline delivery options such as drive-thru and curbside pickups are also offered by vendors in the market. Due to consumer preference for contact-less takeaways and the convenience of drive-thru options, the offline distribution channel will continue to boost the growth of the market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the take-out fried chicken market size and actionable market insights on post COVID-19 impact on each segment.

 

Take-Out Fried Chicken Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.32%

Market growth 2022-2026

$ 1.92 billion

Market structure

Fragmented

YoY growth (%)

4.64

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Japan, UK, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Bojangles Restaurants Inc., Cajun Operating Co., Chick-fil-A Inc., GENESIS BBQ, Guss Fried Chicken, McDonald Corp., Raising Canes Restaurants LLC, Restaurant Brands International Inc., Wingstop Inc., and YUM Brands Inc.

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, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Take-Out Fried Chicken Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive take out fried chicken market growth during the next five years
  • Precise estimation of the take out fried chicken market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the take out fried chicken industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of take-out fried chicken market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2021-2026
  • Online - Market size and forecast 2021-2026
  • Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2021-2026
  • APAC - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor Landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Bojangles Restaurants Inc.
  • Cajun Operating Co.
  • Chick-fil-A Inc.
  • GENESIS BBQ
  • Guss Fried Chicken
  • McDonald Corp.
  • Raising Canes Restaurants LLC
  • Restaurant Brands International Inc.
  • Wingstop Inc.
  • YUM Brands Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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take out fried chicken market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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  • Parent market analysis
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  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis