Middle East & Africa Chicken Extract Market Forecast to 2030

Middle East & Africa Chicken Extract Market Forecast to 2030

Middle East & Africa Chicken Extract Market Forecast to 2030 – Regional Analysis – by Product Type (Chicken Powder, Broth and Stock, and Chicken Paste), Category (Organic and Conventional), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

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Description

The Middle East & Africa chicken extract market was valued at US$ 251.20 million in 2022 and is expected to reach US$ 331.37 million by 2030; it is estimated to record a CAGR of 3.5% from 2022 to 2030.

Rising Demand for Chicken Extract as Flavor Enhancer in Home Cooking Fuels Middle East & Africa Chicken Extract Market

Chicken extracts are commonly used in soups, sauces, and various culinary applications to enhance the overall flavor of dishes. Chicken extracts are rich in umami, enhancing the dishes’ overall flavor. The rising demand for chicken extract as a flavor enhancer can be attributed to the ability to add savory and umami flavors to a wide range of dishes. In addition, the growing interest of consumers in exploring cuisines drives market growth. The popularity of cuisines from Middle East & Africa has surged in recent years.

Consumers use chicken extract to recreate traditional recipes and reduce cooking time while keeping the flavors intact. The chicken extract is used to prepare sauces and gravies as it enhances their flavor. The chicken extract is incorporated into marinades for chicken to infuse them with delicious chicken flavor before cooking. In addition, it is used as seasoning in dry rubs or spice blends for various meats, adding a savory note to grilled or roasted dishes. Thus, the rising demand for chicken extract as a flavor enhancer drives the Middle East & Africa chicken extract market.

Middle East & Africa Chicken Extract Market Overview

The influence of global cuisine and culinary diversity plays a significant role in the Middle East & Africa chicken extracts market. As consumers in these regions explore international flavors and dishes, chicken extracts have gained popularity for their versatility in adapting to various cuisines. They provide a convenient way to infuse dishes with rich chicken flavor, whether for traditional regional recipes or international cuisines, meeting the evolving tastes of the diverse population. Chicken extracts are added to various dishes to enhance their flavor and protein content.

Changing lifestyle dynamics, particularly the increasing number of working professionals and urbanization, also drive the demand for convenient meal solutions. Chicken extracts offer a quick and hassle-free method to enhance the taste of home-cooked meals, which resonates with busy individuals with limited time for extensive meal preparation. This demand aligns with the fast-paced urban lifestyle in many parts of the Middle East & Africa.

Further, the rise in the consumption of packaged food in these regions has led to greater incorporation of chicken extracts into a wide range of processed and convenience foods. These extracts are added to products such as noodles and ready-made soups to impart a savory and authentic chicken flavor.

Middle East & Africa Chicken Extract Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Chicken Extract Market Segmentation

The Middle East & Africa chicken extract market is segmented based on product type, category, distribution channel, and country.

Based on product type, the Middle East & Africa chicken extract market is segmented into chicken powder, broth and stock, and chicken paste. The broth and stock segment held the largest share in 2022.

In terms of category, the Middle East & Africa chicken extract market is bifurcated into organic and conventional. The conventional segment held a larger share in 2022.

By distribution channel, the Middle East & Africa chicken extract market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share in 2022.

Based on country, the Middle East & Africa chicken extract market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa chicken extract market in 2022.

The Kraft Heinz Co, Lee Kum Kee Co Ltd, Princes Ltd, and Unilever Plc are some of the leading companies operating in the Middle East & Africa chicken extract market.

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At 3.5% CAGR, Middle East & Africa Chicken Extract Market is Speculated to be Worth US$ 331.37 Million by 2030, Says the Research Team

According to the Research Team’ research, the Middle East & Africa chicken extract market was valued at US$ 251.20 million in 2022 and is expected to reach US$ 331.37 million by 2030, registering a CAGR of 3.5% from 2022 to 2030. Consumer inclination toward nutritional food and rising demand for chicken extract as flavor enhancer in home cooking are among the critical factors attributed to the Middle East & Africa chicken extract market expansion.

The awareness regarding health and nutrition has increased significantly, owing to which there has been a rapid shift in consumer food preferences. According to the Nielsen Global Health and Wellness Report, 2020, half of the respondents were overweight, while half were trying to lose weight. People seek fresh products that are natural, organic, and minimally processed. Moreover, youngsters are most inclined toward purchasing premium goods with health claims as they increasingly adopt healthier food habits. Broth made from chicken meat has also gained tremendous popularity owing to its nutritional value and various health benefits. The demand for different broth types is increasing as they help improve immunity, hydration, and muscle protein synthesis; support joint and bone health; and exhibit antiaging properties. The inclusion of macronutrients and micronutrients in a good proportion with a high concentration of proteins drives the popularity of bone broth among consumers as an alternative to other protein sources.

Glutamine and a few more amino acids present in bone broth may also aid in effective digestion. This may help with conditions such as leaky gut, which is characterized by the irritation of the mucosal lining in the intestines and interference with the body’s ability to digest food. According to a new randomized trial, the ingredients extracted from chicken meat can boost cognitive function. The rising awareness among consumers regarding the cognitive benefits of chicken extract consumption has propelled its demand. Thus, rising consumer inclination toward nutritious food is expected to contribute to the growth of the Middle East & Africa chicken extract market positively.

On the contrary, stringent regulatory compliance associated with meat processing hampers the growth of Middle East & Africa chicken extract market.

Based on product type, the Middle East & Africa chicken extract market is segmented into chicken powder, broth and stock, and chicken paste. The broth and stock segment held 88.2% share of the Middle East & Africa chicken extract market in 2022, amassing US$ 221.56 million. It is projected to garner US$ 290.20 million by 2030 to expand at 3.4% CAGR during 2022-2030.

In terms of category, the Middle East & Africa chicken extract market is bifurcated into organic and conventional. The conventional segment held 88.8% share of the Middle East & Africa chicken extract market in 2022, amassing US$ 223.14 million. It is projected to garner US$ 291.12 million by 2030 to expand at 3.4% CAGR during 2022-2030.

By distribution channel, the Middle East & Africa chicken extract market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment held 42.1% share of Middle East & Africa chicken extract market in 2022, amassing US$ 105.78 million. It is projected to garner US$ 136.67 million by 2030 to expand at 3.3% CAGR during 2022-2030.

Based on country, the Middle East & Africa chicken extract market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held 42.6% share of Middle East & Africa chicken extract market in 2022, amassing US$ 106.94 million. It is projected to garner US$ 136.82 million by 2030 to expand at 3.1% CAGR during 2022-2030.

Key players operating in the Middle East & Africa chicken extract market are The Kraft Heinz Co, Lee Kum Kee Co Ltd, Princes Ltd, and Unilever Plc, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa chicken extract market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa chicken extract market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. Middle East & Africa Chicken Extract Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.1 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Packaging:
4.3.4 Distribution Channel
5. Middle East & Africa Chicken Extract Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Chicken Extract as Flavor Enhancer in Home Cooking
5.1.2 Strategic Initiatives by Key Market Players
5.2 Market Restraints
5.2.1 Stringent Regulatory Compliance Associated with Meat Processing
5.3 Market Opportunities
5.3.1 Proliferation of E-Commerce Industry
5.4 Future Trends
5.4.1 Consumer Inclination Toward Nutritional Food
5.5 Impact of Drivers and Restraints:
6. Chicken Extract Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Chicken Extract Market Revenue (US$ Million), 2020 – 2030
6.2 Middle East & Africa Chicken Extract Market Forecast and Analysis
7. Middle East & Africa Chicken Extract Market Analysis – Product Type
7.1 Chicken Paste
7.1.1 Overview
7.1.2 Chicken Paste Market Revenue and Forecast to 2030 (US$ Million)
7.2 Broth and Stock
7.2.1 Overview
7.2.2 Broth and Stock Market Revenue and Forecast to 2030 (US$ Million)
7.3 Chicken Powder
7.3.1 Overview
7.3.2 Chicken Powder Market Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Chicken Extract Market Analysis – Category
8.1 Organic
8.1.1 Overview
8.1.2 Organic Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Conventional
8.2.1 Overview
8.2.2 Conventional Market Revenue, and Forecast to 2030 (US$ Million)
9. Middle East & Africa Chicken Extract Market Analysis – Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Overview
9.1.2 Supermarkets and Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Convenience Stores
9.2.1 Overview
9.2.2 Convenience Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Online Retail
9.3.1 Overview
9.3.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Middle East & Africa Chicken Extract Market – Country Analysis
10.1 Middle East & Africa Chicken Extract Market – Country Analysis
10.1.1 Middle East & Africa Chicken Extract Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 Middle East & Africa Chicken Extract Market Breakdown by Country
10.1.1.2 Saudi Arabia Chicken Extract Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.2.1 Saudi Arabia Chicken Extract Market Breakdown by Product Type
10.1.1.2.2 Saudi Arabia Chicken Extract Market Breakdown by Category
10.1.1.2.3 Saudi Arabia Chicken Extract Market Breakdown by Distribution Channel
10.1.1.3 UAE Chicken Extract Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 UAE Chicken Extract Market Breakdown by Product Type
10.1.1.3.2 UAE Chicken Extract Market Breakdown by Category
10.1.1.3.3 UAE Chicken Extract Market Breakdown by Distribution Channel
10.1.1.4 South Africa Chicken Extract Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.4.1 South Africa Chicken Extract Market Breakdown by Product Type
10.1.1.4.2 South Africa Chicken Extract Market Breakdown by Category
10.1.1.4.3 South Africa Chicken Extract Market Breakdown by Distribution Channel
10.1.1.5 Rest of Middle East & Africa Chicken Extract Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.5.1 Rest of Middle East & Africa Chicken Extract Market Breakdown by Product Type
10.1.1.5.2 Rest of Middle East & Africa Chicken Extract Market Breakdown by Category
10.1.1.5.3 Rest of Middle East & Africa Chicken Extract Market Breakdown by Distribution Channel
11. Company Profiles
11.1 The Kraft Heinz Co
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Lee Kum Kee Co Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Princes Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Unilever Plc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix

LIST OF TABLES

Table 1. Middle East & Africa Chicken Extract Market Segmentation
Table 2. Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 4. Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – Category
Table 5. Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 6. Saudi Arabia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 7. Saudi Arabia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Category
Table 8. Saudi Arabia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Distribution Channel
Table 9. UAE Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 10. UAE Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Category
Table 11. UAE Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Distribution Channel
Table 12. South Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 13. South Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Category
Table 14. South Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Distribution Channel
Table 15. Rest of Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type
Table 16. Rest of Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Category
Table 17. Rest of Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million) – By Distribution Channel

LIST OF FIGURES

Figure 1. Middle East & Africa Chicken Extract Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Middle East & Africa Chicken Extract Market
Figure 4. Middle East & Africa Chicken Extract Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Middle East & Africa Chicken Extract Market Revenue (US$ Million), 2020 – 2030
Figure 7. Middle East & Africa Chicken Extract Market Share (%) – Product Type, 2022 and 2030
Figure 8. Chicken Paste Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Broth and Stock Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Chicken Powder Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Middle East & Africa Chicken Extract Market Share (%) -Category, 2022 and 2030
Figure 12. Organic Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Conventional Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Middle East & Africa Chicken Extract Market Share (%) -Distribution Channel, 2022 and 2030
Figure 15. Supermarkets and Hypermarkets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Convenience Stores Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Online Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Middle East & Africa Chicken Extract Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 20. Middle East & Africa Chicken Extract Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. Saudi Arabia Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. UAE Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. South Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Rest of Middle East & Africa Chicken Extract Market Revenue and Forecasts To 2030 (US$ Million)

The List of Companies – Middle East & Africa Chicken Extract Market

1. The Kraft Heinz Co
2. Lee Kum Kee Co Ltd
3. Princes Ltd
4. Unilever Plc

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