Chicken Flavor Market to Reach $1 Billion by 2026

Dec 4th, 2020

Hannah Fink

The chicken flavor market, including liquid and powder, is projected to reach $1 billion by 2026.

The chicken flavor market, including liquid and powder, is projected to reach $1 billion by 2026.

The chicken flavor market is expected to reach $1008.44 million by 2026, growing at a CAGR of 5.60% according to McCourier.

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A report done by Allied Market Research recalls the chicken flavor market size being valued at $629.26 million in 2018, with North America accounting for nearly 41.8% share of the chicken flavor market.

The powder segment, which acounted for 82.6% of chicken flavor market share in 2018, is expected to grow at a CAGR of 5.40% from 2019 to 2026, while the liquid-based segment is expected to reach $187.74 million by 2026, registering a CAGR of 6.50%.

The B2C segment is expected to reach $297.49 million by 2026, registering a CAGR of 6.30%. In 2018, this segment accounted for 72% share of the market.

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