The duck plucker machine market is expected to be worth US$ 279 million in 2023, rising to US$ 459 million by 2033. During the forecast period, demand is expected to rise at a 5.1% CAGR.
The market is expected to be driven by increased demand for natural and organic foods. Organic poultry farms are increasingly using the device to reduce labour costs and improve product quality. Furthermore, growing public awareness of the benefits of organic food is likely to increase demand for duck plucker machines.
Due to the increased demand for ready-to-eat (RTE) and ready-to-cook (RTC) poultry items, the duck plucker machine sector is anticipated to grow. As RTE and RTC poultry products become popular, as they can be produced rapidly and effectively, their market share rises simultaneously.
If new end users, such as restaurants, are sought after, there is potential to grow the industry. As restaurants increasingly use duck plucker machines to save time and money, manufacturers may have a great opportunity to connect with new customers.
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These factors would probably cause the duck plucker machine industry to grow 1.64 times between 2023 and 2033. Products can retain the bulk of their nutrients due to advancements in the duck plucker machine industry.
The industry’s cutting-edge concepts, such as electric machines, are therefore expected to promote the usage of duck plucker machine.
Key Takeaways
● In 2022, the US dominated the duck plucker machine market, with a share of 29.9%.
● The demand for duck plucker machine increased at a 4.6% CAGR between 2016 and 2022, citing FMI’s study.
● The expansion in China is anticipated to expand at an adequate CAGR of 4.1% by 2033. China’s market is likely to generate a share of US$ 40 million by 2033.
● Japan’s duck plucker machine market share was 4.6% in 2022 due to the rising small-scale producers.
● Between 2023 and 2033, the duck plucker machine market is likely to increase in India at 4% CAGR, respectively.
● The expansion in the UK is anticipated to expand at an adequate CAGR of 5.5% by 2033. The UK’s market is expected to generate a share of US$ 42.9 million by 2033.
● Germany’s duck plucker machine market share was 18.2%, with the worth of US$ 48.2 million in 2022.
● Australia’s market share for duck plucker machine was 2.6%, with the worth of US$ 7 million in 2022.
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Rivals Reaching their Full Potential for Better Market Share
Startups can explore partnerships with seasoned players like poultry processors, in order to reach their client base and gain access to their knowledge. To raise awareness and create a network of potential partners, startups consider having a presence at relevant trade shows and conferences.
To identify opportunities to develop creative duck plucker machine, new enterprises should research emerging trends in the poultry industry, such as automation and robots. Manufacturers of duck plucker machines can think about adding chicken and turkey as additional poultry options to their product lineup.
This can increase the market’s pool of potential customers and create new growth opportunities. Leading firms are also implementing measures to deal with the market’s difficulties.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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