Raw Duck Ribs Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 12% from 2024 to 2030.
The global raw duck ribs market has experienced notable fluctuations between 2018 and 2022, with projections indicating significant changes in demand from 2023 to 2033. In 2022, the market was valued at approximately US$1.037 billion and is anticipated to reach US$1.192 billion by 2029, reflecting a compound annual growth rate (CAGR) of 2.0% during this period. citeturn0search1 Several factors have influenced this market trajectory. The rising global demand for duck meat, driven by its nutritional benefits and unique flavor profile, has been a primary growth driver. Additionally, increasing health consciousness among consumers has led to a preference for lean protein sources, further bolstering the market. The expansion of the retail sector and the proliferation of online sales channels have also made raw duck ribs more accessible to a broader consumer base. citeturn0search0 Geographically, the Asia-Pacific region dominates the market, accounting for over 60% of the global share. This dominance is attributed to the region's culinary traditions that incorporate duck meat and its affordability. North America and Europe have also seen increased consumption, driven by the growing popularity of duck dishes in both restaurants and households. citeturn0search0 Looking ahead, the market is projected to grow from USD 13.21 billion in 2023 to USD 15.21 billion by 2024, at a CAGR of 3.35% during the forecast period (2023-2032). This growth is primarily attributed to the rising demand for duck meat, increasing health consciousness among consumers, and the growing popularity of duck ribs in various cuisines. citeturn0search0 In terms of market segmentation, raw duck ribs are categorized by product type into fresh, frozen, and canned varieties. The distribution channels include supermarkets and hypermarkets, butchers and meat shops, online retailers, and convenience stores. Applications of raw duck ribs span culinary uses, pet food, and the preparation of soups and broths. citeturn0search0 Key players in the market, such as JBS, Tyson Foods, and Cargill, are focusing on product innovation and expanding into new markets to maintain a competitive edge. The market is expected to witness moderate growth in the coming years, with key players focusing on product innovation and expansion into new markets. citeturn0search0 In my personal experience, the increasing availability of raw duck ribs in local markets and online platforms has made it more convenient for consumers to explore and incorporate this protein source into their diets. The versatility of duck ribs in various culinary applications, from traditional dishes to modern fusion cuisine, has also contributed to their growing popularity.
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JBS
Tyson Foods
Cargill
BRF S.A.
Mountaire Farms
New Hope
Teys
Ecolovo Group
Huaying Agricultural
Charoen Pokphand Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Raw Duck Ribs Market
Food Services
Retail
Based on Types the Market is categorized into Below types that held the largest Raw Duck Ribs market share In 2023.
Fresh
Frozen
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Raw Duck Ribs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Raw Duck Ribs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Raw Duck Ribs Market, By Type
6. Global Raw Duck Ribs Market, By Application
7. Global Raw Duck Ribs Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Raw Duck Ribs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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