The Duck Meat Market is being driven by Increasing global production of duck meat
The Duck Meat Market is expected to grow at a CAGR of 2.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1927 million. The global duck meat market is poised for significant growth due to the emergence of cultured meats, which are produced through cellular agriculture in laboratories. This innovative process, an eco-friendly alternative to traditional animal slaughter, is gaining traction as a sustainable solution to address climate change and reduce overall meat consumption. Notably, Integriculture, a Japanese cultivated meat company, recently achieved a milestone by successfully developing prototype duck liver products using this method. The expensive manufacturing process notwithstanding, the potential benefits of cultivated meat make it a promising sector for investment and innovation, driving market growth during the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
211 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.9% |
Market growth 2025-2029 |
USD 1927 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
2.8 |
Key countries |
China, Japan, Malaysia, France, Germany, India, US, South Korea, Saudi Arabia, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The duck meat market encompasses a variety of high-quality duck products, including free-range and organic options. Pasture-raised ducks yield tender duck confit, succulent duck breast, and flavorful duck legs. Duck fat, liver, eggs, foie gras, jerky, sausage, burgers, nuggets, and catering services are also popular offerings. Ensuring duck welfare is a priority in the production of these delectable dishes.
The duck meat market is a significant segment of the global packaged foods and meats industry, encompassing duck farming, breeding, processing, production, cutting, and packaging. Participants in this market are key players in the food processing sector, focusing on eliminating microorganisms and extending shelf life. According to Technavio, the market's size is determined by the consolidated revenue of the involved vendors. Equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties, are excluded. The market's expansion will be fueled by the growing consumer preference for minimally processed foods, which offer health benefits such as increased potassium, dietary fiber, folate, vitamin A, and vitamin C content.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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