Chicken Bucket Global Market Report 2023

“Chicken Bucket Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on chicken bucket market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for chicken bucket ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The chicken bucket market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Material: Paper and Paperboard; Plastic

• 2) By Capacity: Less Than 1.0 kg; 2.0 kg; 3.0 kg; More Than 3.0 kg

• 3) By End User: Foodservice; Institutional; Household

• Companies Mentioned: Graphic Packaging International; Huhtamaki Oyj; Dart Container Corporation; DJS Printers; Westgate Products Ltd.

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the chicken bucket market are Graphic Packaging International, Huhtamaki Oyj, Dart Container Corporation, DJS Printers, Westgate Products Ltd., Anchor Packaging LLC, Pactiv Evergreen Inc., Hos Win Enterprise Co. Ltd., Hyper Pack Private Limited, Thoran Paper Products, Noor Carton & Packaging Industry, Detmold Group, Plus Paper Foodpac Ltd., Yesve Enterprises, Richoos General Trading LLC, and Packaging Industries LLC.

The global chicken bucket market is expected to grow from $1.85 billion in 2022 to $1.94 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The chicken bucket market is expected to grow to $2.31 billion in 2027 at a CAGR of 4.5%.

The chicken bucket market consists of sales of buckets for chicken made from cardboard material. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Chicken bucket is a disposable packaging made of durable paper and other materials. Large-size chicken bucket packaging is used for serving more chicken. The paper bucket chicken is also used for serving takeaway meals.

North America was the largest region in the chicken bucket market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chicken bucket market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The materials of the chicken bucket are paper and paperboard, and plastic. Paper and paperboard refer to matted or felted sheets made of plant fibers, usually including trees, recycled paper, or paperboard waste, such as corrugated boxes, newsprint, sacks, bags, and cartons. The capacity involved are less than 1.0 kg, 2.0 kg, 3.0 kg, and more than 3.0 kg that are used by food service, institutional, and household end users.

The rising demand for chicken from developing economies is expected to propel the chicken bucket market going forward. The demand for chicken is increasing due to it being a popular meat choice and its benefits of essential nutrients such as protein, niacin, selenium, and phosphorus. Due to its low-calorie content and high protein content, chicken is especially beneficial for weight loss and maintaining lean body mass. Chicken buckets are disposable packaging with various sizes used for serving chicken. This type of packaging is also used for serving takeaway meals. For instance, according to Veterinaria Digital S.A., a Panama-based international site of reference on veterinary medicine and animal production, in 2021, a total of 4,60,159 metric tons of chicken meat were exported to Asian countries, which was valued at approximately $864 million ($0.8 billion). Furthermore, according to the United States Department of Agriculture Report, a US-based department responsible for developing and implementing federal laws on farming, forestry, rural economic development, and food, China's chicken meat consumption was expected to reach 15.7 million metric tons in 2021, up 2% from last year, due to pork prices and COVID-19. Therefore, the rising demand for chicken from developing economies is driving the chicken bucket market.

Product innovations are a key trend gaining popularity in the chicken bucket market. Major companies operating in the chicken bucket are introducing innovative products to strengthen their position in the market. For instance, in November 2021, KFC, a US-based fast-food restaurant company that specializes in fried chicken, launched a limited-edition Finger Lickin' Chicken Mitten Bucket Hugger, which includes fried chicken in a bucket made up of one-of-a-kind knitted sweater that features a festive KFC holiday design. These chicken buckets featured a Winter Chickenland theme to celebrate the holiday season.

In May 2021, Graphic Packaging, a US-based paperboard mills company acquired remaining shares of International Paper and became the owner of a 100% stake for an undisclosed amount. Through this acquisition, Graphic Packaging strengthened its position in fiber-based consumer packaging across all three paperboard substrates. International Paper is a US-based pulp and paper company which is specialized in providing renewable fiber-based packaging and pulp products while its Europe Middle East and Africa-based operation also provides cups, lids, and food containers.

The countries covered in the chicken bucket market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The chicken bucket market research report is one of a series of new reports from The Business Research Company that provides chicken bucket market statistics, including chicken bucket industry global market size, regional shares, competitors with chicken bucket market share, detailed chicken bucket market segments, market trends, and opportunities, and any further data you may need to thrive in the chicken bucket industry. This chicken bucket market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.