Take-Out Fried Chicken Market Research Report-Forecast till 2030

Take-Out Fried Chicken Market: Information By Product Type (Wings, Breast, Drumsticks, Thighs, Nuggets, and others), By Age Group (Below 20, 20–40 and Above 40), By Distribution Channel (Takeaway and Online & Offline Delivery) - Forecast till 2030

ID: MRFR/F-B & N/6865-CR | February 2021 | Region: Global | 111 Pages         

Take-Out Fried Chicken Market

Take-Out Fried Chicken Market Size is anticipated to reach USD 9.85 Billion by 2030, registering a CAGR of 5.50% during 2022-2030.

Segmentation

By Type Wings Breast Drumsticks Thighs Nuggets Others
By Distribution Channel Take Away Online & Offline Delivery
By Region North America Europe Asia-Pacific Rest of the World

Key Players

  • Bojangles Restaurants Inc.
  • Cajun Operating Co.
  • Chick-Fil-A Inc.
  • GENESIS BBQ
  • Guss Fried Chicken
  • Mcdonald Corp.
  • Raising Canes Restaurants LLC
  • Restaurant Brands International Inc.
  • Wingstop Inc.
  • YUM Brands Inc.

Drivers

  • Rising demand for adopting convenient lifestyles
  • Rise in the ease and the comfort of the distribution of fried chicken
Speak to Analyst Request a Free Sample

Take-Out Fried Chicken Market Overview


The take-out fried chicken market is poised to record a CAGR of 5.50% to hit USD 9.85 billion by 2030. It has been noticed that there have been several upsurges in the figure of consumers eating fast food. It has been years since progress has been noticed in the tiring routines of the consumers, and there has been an ease increase in food items comprising fried chicken which has aided in the expansion of the take-out fried chicken market.


During the prediction period, it has been observed that the take-out fried chicken market takes a huge area with a significant market portion. The emerging activities of the market rest on the growth of the fast-food business and the evolving activities of the internationally prolonged fast-food chains. Consumers eating fast foods have augmented these days. They have started implementing new and tiring routines and increased demand for suitable routines comprising fried chicken takeout. Internationally it has been observed that the opening of food contracts in the several regions by opening up the numerous arrays of outlets is rising the chicken sale. The increase in the effortlessness and the ease of the delivery of fried chicken increased the growth of the take-out fried chicken market internationally in these forthcoming years.


The increase in the number of workers in the workplace and the commonness of consuming fast foods boost the growth of the take-out fried chicken market and other fried chicken. These fried chickens have increased the chances of consuming chicken by the outlets. 


Covid 19 Analysis


After the outbreak of the pandemic, the countrywide lockdown was announced. This led to the shutting down of manufacturing units in some regions. This led to the rise in demand for household staples, a rise in the growth of nutritious food goods, and an increase in the long shelf life of the consumables. The rise in pressure for the delivery of the take-out fried chicken took place and the demand for the take-out grocery had risen. Both these brought early success in the COVID crisis. A majorly large number of manufacturing units are facing less demand in the usage of and disruption in the supply chain took place. Responding in return to the newly developed market made the climate and the business depend more on the supply chains of the take-out fried chicken market. The distribution initiatives taken led to the disruption during this period. A transformation in customer behavior took place. There was a complex transformation in the online and D2C sale interaction which may have critical results on the prospects of the market.


Market Dynamics


Drivers


During the forecast period, it has been found that the take-out fried chicken market occupies a huge area with s considerable market share. The developing activities of the market fully depend on the development of the fast-food industry and the emerging activities of the globally expanded fast-food chains. Consumers consuming fast foods has increased nowadays. They have started adopting new and busy lifestyles and rise in demand for adopting convenient lifestyles which include the takeout of fried chicken. Globally it has been marked that the opening of food franchises in the various geographical regions by opening up of the various range of outlets is raising the sale of chicken. The rise in the ease and the comfort of the distribution of fried chicken raise the take-out fried chicken market growth globally in these upcoming years.


Challenges


Arise in several lawsuits and fewer research activities are the main Challenging factor that detriments the take-out fried chicken market size.


Opportunities


The rise in several workers in the workplace and the prevalence of having fast foods pushes up the take-out fried chicken market growth and other fried chicken. These chickens have been well set up which has helped in raising the opportunities of having chicken by these outlets. It gives you great comfort and raises the affordability and vast product variability. The demand for takeout fried chicken increases the growth of the take-out fried chicken industry. The launching of new and innovative food options has led to the manufacturing of fried chicken. The rise in the growth of untapped markets helps the suppliers who have attractive take-out fried chicken market size.


Restraints


The risk of health risks associated with the consumption of chicken items especially including fried chicken raises the development. Moreover, the detrimental ads raise the number of lawsuits which creates a remarkable problem for the industry.


Market Segmentation


By Type


Based on product type, distribution channel, age type, and raising location the take-out fried chicken market has been classified. Based on product type, the industry has been divided into wings, drumsticks, nuggets, thighs, and many more. Due to the high demand for chicken breasts in the region of North America and Europe, where the chicken breast’s part covers the largest take-out fried chicken market share during 2021. Due to the rise in demand and consumption of chicken nuggets especially in emerging countries, the rise of the taste of the chicken and its flavors increases up the take-out fried chicken market. It being available at low costs and preparing it efficiently makes the nugget segment cover a large CAGR value during the market forecast period.


As per the age group, globally the fried chicken market has been classified into 20, 20-40, and above. Because of an inclination towards using more fast foods, the people between 20-40 cover a large take-out fried chicken market share during the later part of the forecast period. People under 20 grow at a high rate and thus occupy a high CAGR value. The increase in this segment is due to the intake of fried chicken due to the rise in growth of 20 years of age and the rise in exotic flavors of these chickens. Based on the distribution channels, the market is distinguished into online and offline takeaway fried chicken delivery channels. In 2021, the distribution channels held a large share of the fried chicken market. However, due to the comfort zone provided by the online and offline zone of the fried chicken, the users have opted for delivery of the chicken. The online and the offline take-out fried chicken market is expected to cover a high CAGR value throughout the forecast period.


By Technology


The advancement of technology led to the rise in ease and comfort zone of the distribution of food by using the applications of online food delivery. Technology also led to the rise in growth in the untapped market. Due to the technology, the newly developed fried chicken has helped in crisp well-seasoned skin that comprises excess fats.


Regional Analysis


From the regional review, it has been found that the global take-out fried chicken market has expanded into the regions of North America, Europe, Asia Pacific, and some regions in the rest of the world. It has been found that the North American market covers a large market share due to its high demand in this region. This region during 2021, covers a CAGR value of 31.11% throughout the globe. Moreover, the United States has remarkable contribution towards expanding the take-out fried chicken market size, especially in the North American region. The presence of a huge number of restaurant chains, and highly adopting fast food drives up the market. During the forecast era, the Asia Pacific exhibits a high market value. The rise of a different chain of restaurants helps in raising the economy of this region. Here the growth of industry takes place due to the rise of customer demand towards having more chicken and the uprising of food delivery units. The European region in 2021, covers a large take-out fried chicken market share. Adapting oneself towards a healthy lifestyle the citizens of this region have shown slow size expansion.


Competitive Landscape


The competitors playing role in the uprising of both tapped and untapped markets are trying to expand their footprints. Some of the key players here are Yum Brands Inc KFC of USA, Cajun Operating Company (Church's Chicken) of the United States, McDonald’s Corporation of the United States, Bojangles International LLC of the United States, GENESIS BBQ of South Korea, Wendy's International LLC of the United States, Raising Cane's the USA, LLC of the United States, Kyochon F, and B Co. Ltd of South Korea, Wingstop Restaurant Inc. of the United States, Restaurant Brand International Inc. of Canada, Zaxby's Franchising LLC of the United States, Chick-fil-A, inc. of the United States, Gus's World Famous Fried chicken of the United States, Call a Chicken of Canada and many more.


Recent Developments


In 2021, KFC was the most famed brand of food which poised the exposed details, which developed from the new advanced gaming console. This gaming zone introduced a customised cooling system used by the supposed heat son formed by the element of the cabinet, which increases the heat of the chicken chamber.


Report Overview


From the research report, you will know about its long-term effect on the industry till 2030. It gives a good analysis of the SWOT and Porter's model taking place in the market. It also summarises the marketing strategies so put forward by various industries and the cautions taken by the company. The report highlights the areas in which the market has expanded. It gives information regarding the people having restaurant experience and who are investing much more in growth and operations. The report gives holistic details about the market segmentation taking place, it gives a good evaluation and substantial role about the take-out fried chicken market, its competitive landscape taking place. It denotes the key players that have carried out certain strategies for bringing the market to a good position.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 9.85 Billion
  CAGR   5.50%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Product Type, Age Group, Distribution Channel, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cajun Operating Company (Church's Chicken) (US), Bojangles’ International, LLC (US), Wendy’s International, LLC (US), Kyochon F&B Co., Ltd (South Korea), Restaurant Brands International Inc. (Canada), Chick-fil-A, Inc. (US), Call A Chicken (Canada), Gus's World Famous Fried Chicken (US), Zaxby’s Franchising LLC (US), Wingstop Restaurants, Inc. (US), Raising Cane’s USA, LLC. (US), GENESIS BBQ (South Korea), McDonald's Corporation (US), and Yum! Brands Inc. (KFC) (US)
  Key Market Opportunities   Rise in several workers in the workplace and the prevalence of having fast foods, Demand for takeout fried chicken
  Key Market Drivers   Rising demand for adopting convenient lifestyles, Rise in the ease and the comfort of the distribution of fried chicken


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

Take-out fried chicken market is projected to grow at a 5.50% CAGR between 2022-2030.

Key players profiled in the take-out fried chicken market include Cajun Operating Company (Church's Chicken) (US), Bojangles’ International, LLC (US), Wendy’s International, LLC (US), Kyochon F&B Co., Ltd (South Korea), Restaurant Brands International Inc. (Canada), Chick-fil-A, Inc. (US), Call A Chicken (Canada), Gus's World Famous Fried Chicken (US), Zaxby’s Franchising LLC (US), Wingstop Restaurants, Inc. (US), Raising Cane’s USA, LLC. (US), GENESIS BBQ (South Korea), McDonald's Corporation (US), and Yum! Brands Inc. (KFC) (US).

Take-out fried chicken market is predicted to touch USD 9.85 billion by 2030.

Growing fast food industry and demand for convenience food products are the key factors driving the take-out fried chicken market.

North America is expected to dominate the take-out fried chicken market.