Plant-based Chicken Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0195811
  • Format: Electronic (PDF)
  • Number of Pages: 198
  • Author(s): Joshi, Madhavi

Report Overview

The Plant-based Chicken Market size was estimated at USD 1.8 billion in 2023 and is projected to reach USD 4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 12.50% during the forecast period (2024-2030).

Plant-based Chicken Market

(Market Size)
$1.8 billion
$4 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 12.50%
2023 Market Size USD 1.8 billion
2030 Market Size USD 4 billion
Key Players Beyond Meat, Impossible Foods, Kellogg's, Nestlé, Tyson Foods

Market Summary

The plant-based chicken market represents a rapidly expanding segment within the broader alternative protein industry, driven by a global shift towards sustainable and ethical food consumption. This market focuses on producing meat analogues that replicate the taste, texture, and nutritional profile of conventional chicken using ingredients derived from plants such as soy, pea protein, wheat, and mycoprotein. The development of these products caters to a growing consumer base that includes not only vegans and vegetarians but also flexitarians seeking to reduce their meat intake for health, environmental, or animal welfare reasons. Continuous innovation in food technology has significantly improved the quality of plant-based chicken, making it increasingly indistinguishable from its animal-based counterpart and thus more appealing to a mainstream audience. The competitive landscape is characterized by the presence of both specialized startups and established food conglomerates, all vying for market share in this high-growth sector. Market expansion is further supported by strategic partnerships, retail expansion into mainstream grocery and foodservice channels, and targeted marketing campaigns that highlight the benefits of plant-based diets.

Key Highlights

The plant-based chicken market is distinguished by several key factors that underscore its dynamic nature and potential for continued growth. A primary highlight is the remarkable pace of product innovation, where companies are achieving unprecedented levels of culinary accuracy in mimicking whole muscle chicken pieces, such as breasts, tenders, and shreds, beyond just ground or patty forms. Another significant aspect is the aggressive market penetration and expansion strategies employed by leading brands, securing placement not only in specialty health food stores but also in major conventional supermarkets and quick-service restaurant chains globally. The investment landscape is exceptionally active, with substantial venture capital and corporate funding flowing into companies developing next-generation technologies to enhance product quality and reduce production costs. Consumer acceptance is reaching new heights, as evidenced by repeat purchase rates and the successful introduction of products in diverse culinary traditions worldwide. Furthermore, the entire value chain, from ingredient suppliers to manufacturers and distributors, is scaling up operations to meet the escalating demand, indicating a maturation of the industry ecosystem and its long-term viability as a permanent fixture in the global food market.

Drivers, Opportunities & Restraints

The growth of the plant-based chicken market is propelled by a confluence of powerful drivers. Increasing consumer awareness regarding the environmental impact of animal agriculture, including greenhouse gas emissions and land use, is a fundamental force. Health and wellness trends are equally influential, with consumers actively seeking products lower in saturated fat and cholesterol and free from antibiotics. The ethical treatment of animals remains a core motivation for a significant portion of the consumer base. These drivers present substantial opportunities for market players. There is significant potential for geographic expansion into emerging economies with large populations and growing middle classes. Opportunities also abound in product diversification, such as developing culturally specific flavors, value-added prepared meals, and products targeting specific nutritional needs like high protein or gluten-free. However, the market also faces notable restraints. The premium price point of many plant-based chicken products compared to conventional chicken can be a barrier to mass adoption. Consumer skepticism regarding taste, texture, and the level of processing involved in some products can also hinder trial and repeat purchases. Furthermore, the industry must navigate complex and varying regulatory frameworks concerning product labeling and claims across different countries and regions, which can impact market entry and marketing strategies.

Concentration Insights

The competitive concentration in the plant-based chicken market is currently characterized by a mix of well-funded pure-play innovators and large, established food corporations leveraging their extensive resources. A handful of pioneering companies, recognized as first movers, have captured significant brand recognition and market share through groundbreaking product development and strong branding. These specialized firms are often perceived as category leaders and innovators. Concurrently, major multinational food and meat processing giants have entered the space, either through launching their own proprietary brands or by acquiring successful startups. These corporations bring immense advantages in terms of manufacturing scale, established distribution networks, and significant marketing budgets, allowing them to compete aggressively on price and availability. This dynamic has led to a moderately concentrated market landscape where a few key players hold considerable influence, but a long tail of smaller, niche brands continues to thrive by focusing on specific consumer segments, artisanal quality, or unique ingredient propositions. The ongoing influx of investment suggests that the competitive landscape will remain dynamic and potentially see further consolidation through mergers and acquisitions.

Type Insights

The plant-based chicken product landscape is diverse, segmented primarily by the form factor and the primary protein source utilized in formulation. In terms of product type, the market offers a wide array including nuggets, tenders, patties, strips, grounds, and shredded pieces designed to mimic whole muscle chicken. The development of whole-cut analogues, such as plant-based chicken breasts or wings, represents a significant technological advancement and a key area of focus for R&D departments. Regarding ingredient composition, soy-based protein remains a common and cost-effective foundation for many products due to its neutral flavor and excellent protein quality. However, pea protein has gained immense popularity as a non-allergenic and sustainable alternative, becoming the base for many leading brands. Other innovative sources include wheat gluten (seitan), which provides a chewy, meat-like texture, and mycoprotein, a fungal-based protein known for its fibrous structure. Blends of different plant proteins are also frequently used to optimize the nutritional profile, texture, and taste of the final product, allowing manufacturers to cater to specific consumer preferences and dietary requirements.

Application Insights

Plant-based chicken products have found applications across a broad spectrum of the food industry, demonstrating their versatility and mainstream appeal. The retail segment, encompassing supermarkets, hypermarkets, and online grocery platforms, constitutes a major application channel. Here, products are sold primarily in frozen or refrigerated formats directly to consumers for home preparation and cooking. The foodservice sector represents another critical and rapidly growing application area. Quick-service restaurants (QSRs) are increasingly incorporating plant-based chicken items into their permanent menus or as limited-time offerings to attract a wider customer base and cater to the demand for meat alternatives. Full-service restaurants are also adopting these products, often utilizing them in creative, chef-driven dishes. Furthermore, the food processing industry is an application area, where plant-based chicken ingredients are used as components in ready-to-eat meals, pizzas, frozen dinners, and other prepared food products. This diversification across applications is a strong indicator of the product category moving beyond a niche offering and becoming a standard ingredient option within the global food supply chain.

Regional Insights

The adoption and development of the plant-based chicken market exhibit distinct regional variations influenced by consumer preferences, regulatory environments, and cultural factors. North America, particularly the United States, is a dominant and highly innovative region, characterized by a high concentration of leading brands, strong consumer awareness, and widespread retail and foodservice availability. Europe follows closely as another major market, with countries like the United Kingdom, Germany, and the Netherlands showing robust growth driven by strong environmental and animal welfare sentiments among consumers and supportive government policies. The Asia Pacific region is poised for significant expansion, fueled by its vast population, rising disposable incomes, and a longstanding cultural familiarity with plant-based and vegetarian cuisines. However, taste preferences are highly localized, requiring products to be adapted to regional palates. Latin America and the Middle East and Africa are emerging markets where the industry is in earlier stages of development, but growing health consciousness and urbanization present substantial future growth opportunities. Each region presents a unique set of challenges and opportunities, necessitating tailored strategies for market entry and expansion.

Company Insights

The plant-based chicken market features a dynamic competitive arena with participation from dedicated alternative protein companies and diversified food giants. Beyond Meat and Impossible Foods are prominent players known for their significant research investments and widespread brand recognition, often leading innovation in product formulation. Kellogg's through its MorningStar Farms brand, and Conagra Brands with Gardein, leverage their extensive experience in meat alternatives and formidable distribution power. Tyson Foods, a traditional meat processor, has entered the market with its Raised & Rooted line, signaling a strategic shift within the conventional protein industry. Nestl?, through its Garden Gourmet and Sweet Earth brands, applies its global scale and R&D capabilities to the segment. Other notable innovators include Alpha Foods, producing a variety of plant-based meats, and LiveKindly Co., a collective of brands focused on making plant-based living accessible. This mix of agile innovators and scaled incumbents creates a highly competitive environment focused on continuous product improvement, cost reduction, and market expansion.

Recent Developments

The plant-based chicken market is characterized by a fast pace of innovation and strategic activity. Recent developments have been focused on achieving greater product parity with animal chicken, particularly in the whole-muscle category. Companies have launched new products that more closely mimic the fibrous texture and taste of chicken breast, moving beyond processed forms like nuggets and grounds. There has been a significant push towards improving the nutritional profile of products, with efforts to increase protein content, reduce sodium, and incorporate cleaner labels with recognizable ingredients. Strategic partnerships and expansion announcements are frequent, with plant-based chicken brands securing deals with major national and international restaurant chains, thereby dramatically increasing consumer touchpoints. Investment and funding rounds continue to be announced, enabling companies to scale production, enhance research and development capabilities, and pursue geographic expansion. Furthermore, several conventional meat processors and global food conglomerates have either expanded their existing plant-based chicken lines or announced new entries into the market, further validating the segment's growth potential and intensifying competition.

Report Segmentation

This comprehensive market research report on the plant-based chicken industry provides a detailed analysis segmented across multiple dimensions to offer a granular understanding of the market dynamics. The report is structured to dissect the market by type, categorizing products based on their primary protein source such as soy-based, pea-based, wheat-based, and others like mycoprotein or fava bean, providing insights into the adoption and performance of each ingredient type. It further segments the market by product form, including nuggets and tenders, burgers and patties, strips and fillets, shreds, and grounds, analyzing the demand trends for each format. The application segment is critically examined, detailing the market size and growth projections for key channels including retail distribution like supermarkets/hypermarkets and online stores, and the foodservice sector encompassing quick-service restaurants and full-service establishments. A thorough regional analysis breaks down the market performance and potential across key geographies including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, highlighting country-specific trends and opportunities. This multi-faceted segmentation allows stakeholders to identify precise growth pockets, understand competitive landscapes at a granular level, and make informed strategic decisions.

FAQs

What are the key drivers of the plant-based chicken market?

The market is primarily driven by growing consumer awareness of the health benefits associated with reducing meat consumption, heightened concerns over the environmental impact of animal agriculture, and increasing ethical considerations regarding animal welfare. The flexitarian trend, where consumers actively seek to reduce but not eliminate meat, is a significant contributor to demand.

Who are the leading companies in the plant-based chicken market?

Key players include dedicated alternative protein firms like Beyond Meat and Impossible Foods, established meat alternative brands such as Kellogg's (MorningStar Farms) and Conagra Brands (Gardein), and traditional meat companies that have diversified, including Tyson Foods (Raised & Rooted) and Nestl? (Garden Gourmet).

What are the main sources of protein used in plant-based chicken?

The most common protein bases are soy protein, pea protein, and wheat gluten (seitan). Other sources gaining traction include mycoprotein, fava bean protein, and lentil protein, often used in blends to optimize the nutritional profile and sensory characteristics of the final product.

How is the plant-based chicken market performing in different regions?

North America and Europe are currently the most developed markets, characterized by high consumer awareness and product availability. The Asia Pacific region is identified as a high-growth market due to its large population and cultural acceptance of plant-based foods, though product localization is often necessary.

What are the major challenges facing the plant-based chicken industry?

Significant challenges include achieving price parity with conventional chicken to encourage mass adoption, overcoming occasional consumer skepticism about taste and texture compared to real meat, and navigating complex and evolving regulatory landscapes concerning product labeling and marketing claims across different countries.

Citius Research has developed a research report titled “Plant-based Chicken Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Plant-based Chicken Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Plant-based Chicken Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Plant-based Chicken Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Plant-based Chicken Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Plant-based Chicken Market
• Research Methodology
• Executive Summary
• Market Dynamics of Plant-based Chicken Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Plant-based Chicken Market
• Cost and Gross Margin Analysis of Plant-based Chicken Market
• Plant-based Chicken Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Plant-based Chicken Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Plant-based Chicken Market Key Stakeholders

Below are the key stakeholders for the Plant-based Chicken Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Plant-based Chicken Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Plant-based Chicken Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Plant-based Chicken Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Plant-based Chicken Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Plant-based Chicken Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Plant-based Chicken Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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For further details request a free sample copy of this report here.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Plant-based Chicken Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Plant-based Chicken Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Plant-based Chicken Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Plant-based Chicken Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Plant-based Chicken Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Plant-based Chicken Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Plant-based Chicken Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Plant-based Chicken Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Plant-based Chicken Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Plant-based Chicken Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Plant-based Chicken Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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