Duck Meat Market Size
The Global Duck Meat Market reached USD 1.9 billion in 2022 and is expected to reach USD 2.3 billion by 2030 growing with a CAGR of 2.9% during the forecast period 2024-2031. One market trend in the duck meat industry is the rising popularity of duck as a gourmet ingredient and a preferred choice for culinary exploration. The drivers of the duck meat market include increasing consumer demand for diverse protein sources, rising popularity of global cuisines, and the recognition of duck meat's unique flavor and culinary versatility.
Duck meat is a specific type of poultry meat that comes from ducks, primarily the Muscovy duck and Pekin duck breeds. Poultry meat encompasses various types of domesticated birds raised for meat consumption, including ducks. Duck meat can be divided into various cuts such as breast, leg, thigh, with its own characteristics and culinary applications. Duck processing techniques play a crucial role in determining the quality of duck meat. Duck meat is nutritious because it is a rich source of protein, healthy fats, vitamins (such as B vitamins) and minerals (such as iron and phosphorus).
Market Summary
| Metrics | Details |
| CAGR | 2.9% |
| Size Available for Years | 2022-2031 |
| Forecast Period | 2024-2031 |
| Data Availability | Value (US$) |
| Segments Covered | Product Type, Distribution Channel and Region |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Fastest Growing Region | Asia-Pacific |
| Largest Region | Asia-Pacific |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights. |
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Market Dynamics
Health Benefits Associated With Duck Meat
Duck meat has been gaining popularity in recent years due to its perceived health benefits, which have contributed to the growth of the market. Duck meat is known for its low-fat content. It contains only 23% of fat whereas chicken contains 40%, which makes duck meat a healthier alternative to other meats. Duck meat is also rich in nutrients such as iron, zinc, and vitamin B-12. Duck meat provides about 50% of the iron needed in a day.
This has made it a popular choice for those who are looking to add more nutrients to their diet. Duck meat is a good source of lean protein, which is essential for muscle building and repair. This has led to increased demand from athletes and fitness enthusiasts. Hence, the health benefits associated with duck meat have contributed to its growth in the market as more and more people are looking for healthier and more flavorful protein sources.
The Rising Popularity of Duck Meat Products is Driving the Market Growth
The rising popularity of duck products can drive the development of new processing and packaging techniques that can help to improve the shelf life and quality of duck meat products. This can make it easier for producers to sell their products to a wider range of customers and help to grow the overall market. Overall, the rising popularity of duck meat products can help to drive the growth of the duck meat market by increasing demand, diversifying product offerings, and improving processing and packaging techniques.
Also, increase in the duck meat product launches by major key players helps to boost segment growth over the forecast period. For instance, On August 23 2021, ABPA, Brazilian Association of animal protein and APEX, Brazils export agency launched new brand for duck meat named as the Brazilian Duck.
The High Cost of Duck Meat Hamper the Market Growth
Duck meat production requires specific conditions and resources, such as ample space, clear water, and quality feed. Ducklings require 25% more space to grow compared to chickens, per bird. Ducklings take at least a week longer to grow to marketable size than meat chickens. These requirements can increase production costs, which are then passed on to consumers. Another reason for the high cost is the perceived health benefits.
Due to its perceived health benefits and unique flavour, duck meat is often sold at a premium price point, which can deter price-sensitive consumers. On February 18 2022, Prices of the duck meat in Taiwan raises due to the climate change. Price of the one duck increases from NT$800 to NT$900.
Market Segment Analysis
The global duck meat market is segmented based on product type, form, distribution channel, and region.
Perceived Quality and Convenience Of Fresh Duck Meat
The global duck meat market by product type has been segmented by fresh, frozen, and processed.
Consumers prefer fresh duck meat due to its higher quality, taste, and texture. Fresh duck meat is also perceived to be healthier and safer than frozen or processed meat, as it is lower in preservatives and additives. This perception has contributed to increased demand for fresh duck meat among health-conscious consumers. Fresh duck meat is readily available in supermarkets, grocery stores, and specialty meat shops, making it a convenient choice for consumers who want to cook and consume it immediately. Hence, the fresh segment has the highest share in the duck market due to its perceived quality and convenience.
Market Geographical Share
Combination of Increasing Consumption and Production Capacity in the Asia-Pacific Region
Asia-Pacific region has a significant share of the duck meat market. The region is the largest market for duck meat, primarily due to the high demand for duck meat in countries like China, Vietnam, Indonesia, Thailand, and the Philippines. These countries have a long history of consuming duck meat, and it is an integral part of their culinary culture.
According to Global Trade Magazine, meat consumption in China accounts for 76% of global consumption. Along with consumption, the Asia-Pacific region is home to the largest duck meat-producing countries, with China being the largest producer of duck meat in the world. As per HelgiLibrary report, China ranked as the highest meat producer with 4,823,000 tons, based on a comparison of 72 countries in 2021. Hence, the combination of high demand and significant production capacity in the Asia-Pacific region has made it the largest market for duck meat.
Major Global Players
The major global players in the market include AJC International, Inc., Maple Leaf Farms, Inc., Charoen Pokphand Foods, Lu Canard, Pepe’s Ducks ltd, Shandong New Hope Liuhe Group Ltd., TCH Group, Luv-a-Duck, Courtin Hervouet, and Delpeyrat.
COVID-19 Impact on Market
The closure of restaurants, hotels, and other food service establishments during lockdowns and social distancing measures led to a sharp decline in demand for duck meat in the food service sector. Reduced dine-in options and restrictions on gatherings resulted in lower consumption of duck meat dishes traditionally served in restaurants. With people spending more time at home and cooking meals themselves, there has been a shift in consumer behavior towards increased home cooking and a higher demand for retail-packaged duck meat. This change in consumer preferences has led to a surge in retail sales as individuals sought to recreate restaurant-style meals at home.
The international trade of duck meat faced challenges due to disruptions in logistics and transportation, as well as restrictions on cross-border movements imposed by various countries to contain the spread of the virus. These challenges affected export-oriented duck meat producers and suppliers who relied heavily on the export market.
Russia-Ukraine Impact Analysis
The ongoing political tensions between Russia and Ukraine have resulted in trade restrictions and import/export bans. These restrictions have disrupted the flow of duck meat between the two countries, leading to reduced trade volumes and market uncertainties. Exporters and importers have faced challenges in accessing their respective markets, affecting the availability and pricing of duck meat.
As a result of the trade restrictions, both Russia and Ukraine have had to look for alternative supply sources for duck meat. Russia, in particular, has focused on boosting its domestic production to meet the demand for duck meat. This shift in supply sources has led to changes in the competitive landscape and market dynamics in both countries.
Key Developments
- On October 04, 2022, Singapore’s Meatiply, an innovative company that produces meat cuts, introduced a cultivated duck breast meat, the first in Asia. This product is one of three structured meat prototypes which also include kampung chicken yakitori and chicken katsu bites obtained from a combination of calls and plant-based ingredients.
- On August 24, 2021, the Brazilian poultry sector introduced a national brand for duck meat. The new brands are now able to increase exports under ABPA's management.
- On April 01, 2021, Damate, the largest turkey meat producer acquired Donstar, the largest duck meat producer in Russia. Damate estimated the total production of 17,500 tons of meat in their new complex.
Why Purchase the Report?
- To visualize the global duck meat market segmentation based on product type, form, and distribution channel, and understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous duck meat market-level data points all for segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The Global Duck Meat Market Report Would Provide Approximately 61 tables, 59 Figures and 102 Pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
