Niche processing: What’s quackin’
Market research aggregator, Global Information Inc., headquartered in Japan with offices in Korea, Thailand, Belgium and the United States showed the global duck market hit $1.9 billion in 2022 and is expected to reach $2.3 billion by 2030 growing with a CAGR of 2.9% during the forecast period 2023-2030 in its “Global Duck Meat Market, 2023-2030” report.
As consumer tastes and preferences evolve, the global duck market has seen an increase in interest in unique and high-quality food experiences. This presents an opportunity in the duck market and brings with it a rise in demand for specialty and gourmet duck products. Another opportunity for duck producers and processors, especially in the United States, is the health and well-being movement. In addition to being unique and borderline exotic, duck’s nutritional profile appeals to those looking for new foods while maintaining the necessary degree of health benefits.