Duck Meat Market

Duck Meat Market Size and Forecast (2023-2028):

The Global Duck Meat Market share value is expected to grow at a CAGR of 2.94% during the forecast period 2023–2028 to reach USD xx million by 2028 from USD xx million in 2022.

Market Overview:

A duck is a waterfowl bird commonly found in both domesticated and wild forms. Its meat is consumed in various cuisines around the world, and it is known for its rich and tender meat. Duck meat is popular in many cultures and prepared in a variety of ways, such as by roasting, grilling, sauteing, and more. Duck meat has a darker color and rich flavor and also a higher fat content compared to chicken and turkey. This meat is commonly used in dishes such as Peking duck, Confit, and à l'orange. Moreover, along with delicious fat, it is a good source of protein, vitamins, iron, and other nutrients. Overall, duck meat is enjoyed in many traditional cuisines for its unique flavor, making it an important ingredient in gourmet cooking.

Recent Developments in Duck Meat Industry:

• On 12th June 2023, Charoen Pokphand Foods Public Limited, a Thai company, became the first company in Thailand to export cooked duck meat to Australia. This is a significant milestone in the trade relationship between the two countries. It is estimated that CP Foods will ship approximately 500-600 tons of cooked duck meat to Australia this year.

REPORT COVERAGE:

Drivers:

One of the significant factors that are impacting the market demand of the duck meat market is the increasing demand for duck meat, especially in Asian countries, where duck meat is a popular meat and has been used in various cuisines such as Thai, Chinese, and Japanese. The popularity of these cuisines has led to the demand for duck meat in various restaurants and cafes. Duck meat is a popular ingredient, and because of its tender meat, it adds a unique flavor. Moreover, the increasing and expanding population has caused an increasing need for protein-rich food to cater to daily requirements. Duck meat has a high source of protein, essential amino acids, and vital nutrients, which makes it an ideal food option for health-conscious consumers. Additionally, the affordability of duck meat further increases its popularity, and this affordability creates an important aspect in regions where cost consideration plays an important role in dietary decisions. Along with this, the versatility of duck meat in culinary preparations also contributes to the market share.

In addition, duck meat has a high nutritional profile; it is a high source of protein, fats, and vitamins; it is also a good source of other nutrients, such as phosphorus, zinc, and vitamin A. It is lower in fat than other meats, such as beef and pork, which makes it an ideal choice for health-conscious consumers. As there is a growing trend of maintaining a healthier lifestyle and consuming more healthy foods, duck meat is considered an alternative to other meats, as it has lower fat content and high protein with iron. Therefore, the high nutrition content of duck meat has caused an increase in the duck meat market share.

The high disposable income of consumers has led to consumers experiencing different duck meat culinary experiences, and it has also led to an increase in demand for premium meat. As duck meat is known for its tasty and tender qualities, the duck meat is becoming popular among emerging countries. The sophisticated culinary experience of duck meat led to an increase in the demand for the duck meat market.

Moreover, Governments in some countries are promoting duck farming as a way to boost rural incomes and improve food security. This is also driving the growth of the duck meat market.

Duck farming is a relatively simple and low-cost agricultural activity, and this makes it a good option for farmers in rural areas, where land is often limited, budget is low, and labor is cheap. Duck farming can also help to improve food security, as ducks can be raised on a variety of feedstock, including crop leftovers and kitchen waste. Through promoting duck farming, the government has also helped in boosting rural incomes and improving food security.

Restraints:

Bird flu outbreaks create a negative impact on the duck meat market, create fear in consumers, and raise concern for food safety. Bird flu, which is avian influenza, is a highly contagious virus that affects poultry and birds, causing serious illness and death. The spread of the bird flu virus can lead to the killing of poultry flocks, disrupting the supply of duck meat. Hence, bird flu can cause fear and anxiety among consumers to purchase duck meat due to concerns about food safety. This can lead to a decline in demand for the duck meat market, impacting its market share as consumers switch to other protein sources, such as chicken or beef.

Also duck farming also creates a negative impact on the environment, such as causing water pollution and greenhouse gas emissions. Duck farming pollutes water bodies with manure, urine, and other waste products, which leads to eutrophication, and eutrophication reduces the oxygen levels in water, which disrupts the aquatic life and ecosystem.

Furthermore, duck farming also emits greenhouse gases, such as methane and nitrous oxide, leading to air pollution. Duck farming also requires a lot of land, which causes deforestation and other environmental problems.

Opportunities:

The duck meat market has created opportunities by applying innovative technology to duck farming. These technological advancements have given significant benefits. Through breeding techniques and smarter management practices, duck farmers are able to yield higher quantities of meat with resource utilization. This efficiency has escalated the demand for duck meat by utilizing resources with minimal wastage. Furthermore, the quality of duck meat has been increased by technological innovation and advancement. By incorporating advanced feed additives, quality control, and following vaccination protocols, duck farmers have increased the quality and quantity of the meat. This has led to consumer satisfaction and an increase in duck meat market demand, along with increasing its market size.

COVID-19 Impact on the Duck Meat Market:

The COVID-19 pandemic has had a significant impact on the duck meat market. It has led to a decline in the demand for duck meat, as restaurants and other food service businesses are being closed due to the implementation of lockdown and social distancing to restrict the spread of the virus. Moreover, many consumers restricted the purchase of meat since, due to economic uncertainty, many people lost jobs, and it caused a decline in the purchasing capacity of consumers. In addition, the pandemic also caused disruption in the supply chain, making it difficult to export and import meat across borders. Thus, the combination of both supply chain disruption and reduced demand negatively impacted the duck meat market share.

Duck Meat Market Segmentation Analysis:

By Type:

• Whole
• Cuts
• Ground
• Others

The whole segment is ruling with the dominant shares of the market. Increasing prominence over the health benefits of whole duck that is fresh or frozen is greatly influencing the growth rate of the market. Cuts segment is deemed to grow at higher rate during the forecast period.

By Category:

• Frozen
• Fresh
• Processed

Based on the category, the duck meat market is divided into frozen, fresh, and processed. The frozen segment has the highest market share. This dominance is due to frozen duck meat being more convenient and also has a longer shelf life than fresh or processed duck meat. Frozen duck meat can be stored without losing its quality, thus making it a popular choice for restaurants and retailers. The fresh segment has the largest market share and size since fresh duck meat is used in traditional Asian cuisines. At the same time, processed meat has a low market share and is usually used in restaurants.

By Distribution Channel:

• Store-Based
• Non-Store-Based

Based on the distribution channel, the duck meat market is divided into store-based and non-store-based. The store-based segment has the highest market share. Store-based channels, such as supermarkets and hypermarkets, are the most convenient way for consumers to purchase duck meat and often offer a wide variety of duck meat products along with the product nutritional profile description. Non-store-based channels, such as online retailers and direct sales, are still becoming popular as consumers are looking for more convenient ways to purchase duck meat.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

By Region Analysis:

The Asia Pacific has the highest market share due to Asia Pacific being the largest consumer of duck meat in the world, as duck meat is a popular ingredient in many Asian cuisines, such as Peking duck and confit de canard. North America is positioned second in leading the prominent shares of the market since duck meat is becoming increasingly popular in North America due to its health benefits, such as it contains low fat as compared to beef, which caused an increasing demand in health-conscious consumers. Europe has significant growth in the duck meat market, as it is becoming increasingly popular in restaurants as a popular ingredient in European cuisines such as foie gras and magret de canard. Latin America, and the Middle East, & Africa have a low market share as compared to other regions.

Key Players in the Market:

Major Key Players in the Global Duck Meat Market are

• AJC International, Inc. (US)
• Delpeyrat SAS (France)
• Maple Leaf Farms, Inc. (US)
• Pepe's Ducks Ltd (Austalia)Shandong New Hope Liuhe Group Ltd. (China)
• Courtin Hervouet (France)
• COOPERATIVE FOIE GRAS DE CHALOSSE (France)
• Charoen Pokphand Foods (Thailand)
• TCH Group (US)
• Luv-a-Duck (Australia)
• Lu Canard (Mexico)
• Ferme Uhartia (France)
• Famille Dumecq – Canard des Landes (France)