Frozen Chicken Nuggets Market Size & CAGR (2024-2031)
The Frozen Chicken Nuggets Market is expected to register a CAGR of 5.3% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Frozen Chicken Nuggets market report is segmented by distribution channel into Supermarkets and Hypermarkets, Convenience Stores, and Online Retail. The market evaluation is presented in US$ for the above segmental analysis. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Frozen Chicken Nuggets Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Frozen Chicken Nuggets Market Segmentation
Distribution Channel- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
Strategic Insights
Frozen Chicken Nuggets Market Growth Drivers- Urbanization and lifestyle changes: Increased urbanization and changing lifestyles have fueled the demand for processed and packaged food products, contributing to the growth of the frozen chicken nugget market.
- Health-conscious consumers: Rising health awareness among consumers boosts the demand for protein-rich and nutritious food options, with chicken nuggets aligning with this trend as a good source of protein.
- Flavor variety and food innovation: The availability of different flavors like spicy, barbecue, and honey mustard caters to diverse taste preferences, while advancements in food processing and packaging improve quality, taste, and shelf life.
- Plant-based alternatives: The rise of plant-based proteins, such as pea and soy protein, is expanding the market to include vegan and vegetarian consumers, offering new formulations of chicken nugget products.
- Sustainability and ethical sourcing: Growing awareness of environmental and social impacts has led to a demand for sustainable practices, such as reduced packaging waste and sourcing chicken from suppliers that prioritize animal welfare.
- Emerging markets and innovation: The Frozen Chicken Nuggets market offers significant opportunities in emerging markets with a growing middle class, as well as through new product formats and flavors that cater to evolving consumer preferences.
- Closer connection to consumers: E-commerce growth allows companies to get closer to final consumers, enabling direct access to their preferences and increasing market penetration.
- Alliances with food service companies: Partnering with restaurants and food service operators can increase the visibility and usage of frozen chicken nuggets, reaching a broader audience.
- Joint ventures for new products: Collaborating with food service companies can help launch new flavors and products in larger markets, expanding the product range and consumer base.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Frozen Chicken Nuggets Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Frozen Chicken Nuggets Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The leading players of the market are: Tyson Foods, Foodix, McDonald's, KFC, Crescent Foods, Pilgrim's, Foster Farms, John Soules Foods, Inc., Mosa Meat, Aleph Farms
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The future of the Frozen Chicken Nuggets market is on a high growth trajectory as a result of several factors. One of the major drivers is the clean label and natural trend, which is shifting the tide towards minimally processed nuggets with simple and recognizable ingredients. Plant-based and alternative protein sources are on the rise, affecting the market as manufacturers consider plant-based alternatives to meet different consumer dietary needs. Sustainability and ethical sourcing are also increasingly driving demand for responsibly sourced and environmentally friendly products.
Frozen Chicken Nuggets Market is expected to grow at a CAGR of 5.3% between 2023-2031
The Frozen Chicken Nuggets market is largely driven by several factors. First and foremost, the increasing demand for convenient and ready-to-eat food options has boosted the market significantly among busy working professionals and families. Secondly, the rise in urbanization and changing lifestyles has led to the increased consumption of processed and packaged food items, including frozen chicken nuggets. The growing health consciousness among consumers has also spurred demand for protein-rich and healthy food options, making chicken nuggets an attractive option.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Frozen Chicken Nuggets Market - By Distribution Channel
1.3.2 Frozen Chicken Nuggets Market - By Region
1.3.2.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FROZEN CHICKEN NUGGETS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FROZEN CHICKEN NUGGETS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FROZEN CHICKEN NUGGETS MARKET - GLOBAL MARKET ANALYSIS
6.1. FROZEN CHICKEN NUGGETS - GLOBAL MARKET OVERVIEW
6.2. FROZEN CHICKEN NUGGETS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. FROZEN CHICKEN NUGGETS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
7.1. OVERVIEW
7.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
7.3. SUPERMARKETS AND HYPERMARKETS
7.3.1. Overview
7.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
7.4. CONVENIENCE STORES
7.4.1. Overview
7.4.2. Convenience Stores Market Forecast and Analysis
7.5. ONLINE RETAIL
7.5.1. Overview
7.5.2. Online Retail Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. FROZEN CHICKEN NUGGETS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Frozen Chicken Nuggets Market Overview
8.1.2 North America Frozen Chicken Nuggets Market Forecasts and Analysis
8.1.3 North America Frozen Chicken Nuggets Market Forecasts and Analysis - By Distribution Channel
8.1.4 North America Frozen Chicken Nuggets Market Forecasts and Analysis - By Countries
8.1.4.1 United States Frozen Chicken Nuggets Market
8.1.4.1.1 United States Frozen Chicken Nuggets Market by Distribution Channel
8.1.4.2 Canada Frozen Chicken Nuggets Market
8.1.4.2.1 Canada Frozen Chicken Nuggets Market by Distribution Channel
8.1.4.3 Mexico Frozen Chicken Nuggets Market
8.1.4.3.1 Mexico Frozen Chicken Nuggets Market by Distribution Channel
8.2. EUROPE
8.2.1 Europe Frozen Chicken Nuggets Market Overview
8.2.2 Europe Frozen Chicken Nuggets Market Forecasts and Analysis
8.2.3 Europe Frozen Chicken Nuggets Market Forecasts and Analysis - By Distribution Channel
8.2.4 Europe Frozen Chicken Nuggets Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Frozen Chicken Nuggets Market
8.2.4.1.1 Germany Frozen Chicken Nuggets Market by Distribution Channel
8.2.4.2 France Frozen Chicken Nuggets Market
8.2.4.2.1 France Frozen Chicken Nuggets Market by Distribution Channel
8.2.4.3 Italy Frozen Chicken Nuggets Market
8.2.4.3.1 Italy Frozen Chicken Nuggets Market by Distribution Channel
8.2.4.4 United Kingdom Frozen Chicken Nuggets Market
8.2.4.4.1 United Kingdom Frozen Chicken Nuggets Market by Distribution Channel
8.2.4.5 Russia Frozen Chicken Nuggets Market
8.2.4.5.1 Russia Frozen Chicken Nuggets Market by Distribution Channel
8.2.4.6 Rest of Europe Frozen Chicken Nuggets Market
8.2.4.6.1 Rest of Europe Frozen Chicken Nuggets Market by Distribution Channel
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Frozen Chicken Nuggets Market Overview
8.3.2 Asia-Pacific Frozen Chicken Nuggets Market Forecasts and Analysis
8.3.3 Asia-Pacific Frozen Chicken Nuggets Market Forecasts and Analysis - By Distribution Channel
8.3.4 Asia-Pacific Frozen Chicken Nuggets Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Frozen Chicken Nuggets Market
8.3.4.1.1 Australia Frozen Chicken Nuggets Market by Distribution Channel
8.3.4.2 China Frozen Chicken Nuggets Market
8.3.4.2.1 China Frozen Chicken Nuggets Market by Distribution Channel
8.3.4.3 India Frozen Chicken Nuggets Market
8.3.4.3.1 India Frozen Chicken Nuggets Market by Distribution Channel
8.3.4.4 Japan Frozen Chicken Nuggets Market
8.3.4.4.1 Japan Frozen Chicken Nuggets Market by Distribution Channel
8.3.4.5 South Korea Frozen Chicken Nuggets Market
8.3.4.5.1 South Korea Frozen Chicken Nuggets Market by Distribution Channel
8.3.4.6 Rest of Asia-Pacific Frozen Chicken Nuggets Market
8.3.4.6.1 Rest of Asia-Pacific Frozen Chicken Nuggets Market by Distribution Channel
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Frozen Chicken Nuggets Market Overview
8.4.2 Middle East and Africa Frozen Chicken Nuggets Market Forecasts and Analysis
8.4.3 Middle East and Africa Frozen Chicken Nuggets Market Forecasts and Analysis - By Distribution Channel
8.4.4 Middle East and Africa Frozen Chicken Nuggets Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Frozen Chicken Nuggets Market
8.4.4.1.1 South Africa Frozen Chicken Nuggets Market by Distribution Channel
8.4.4.2 Saudi Arabia Frozen Chicken Nuggets Market
8.4.4.2.1 Saudi Arabia Frozen Chicken Nuggets Market by Distribution Channel
8.4.4.3 U.A.E Frozen Chicken Nuggets Market
8.4.4.3.1 U.A.E Frozen Chicken Nuggets Market by Distribution Channel
8.4.4.4 Rest of Middle East and Africa Frozen Chicken Nuggets Market
8.4.4.4.1 Rest of Middle East and Africa Frozen Chicken Nuggets Market by Distribution Channel
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Frozen Chicken Nuggets Market Overview
8.5.2 South and Central America Frozen Chicken Nuggets Market Forecasts and Analysis
8.5.3 South and Central America Frozen Chicken Nuggets Market Forecasts and Analysis - By Distribution Channel
8.5.4 South and Central America Frozen Chicken Nuggets Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Frozen Chicken Nuggets Market
8.5.4.1.1 Brazil Frozen Chicken Nuggets Market by Distribution Channel
8.5.4.2 Argentina Frozen Chicken Nuggets Market
8.5.4.2.1 Argentina Frozen Chicken Nuggets Market by Distribution Channel
8.5.4.3 Rest of South and Central America Frozen Chicken Nuggets Market
8.5.4.3.1 Rest of South and Central America Frozen Chicken Nuggets Market by Distribution Channel
9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
10. FROZEN CHICKEN NUGGETS MARKET, KEY COMPANY PROFILES
10.1. ALEPH FARMS
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. CRESCENT FOODS
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. FOODIX
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. FOSTER FARMS
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. JOHN SOULES FOODS, INC.
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. KFC
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. MCDONALD'S
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. MOSA MEAT
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. PILGRIM'S
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. TYSON FOODS
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments
11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
1.Aleph Farms
2.Crescent Foods
3.Foodix
4.Foster Farms
5.John Soules Foods, Inc.
6.KFC
7.McDonald's
8.Mosa Meat
9.Pilgrim's
10.Tyson Foods
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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