The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The chicken bucket market has experienced remarkable growth, with projections indicating an increase from $1.94 billion in 2023 to $2.04 billion in 2024, achieving a compound annual growth rate (CAGR) of 5.0%. This growth is largely due to the evolution of the fast food industry, consumer demands for convenience, and effective marketing strategies, among other factors.

Anticipated Market Growth and Trends
Looking forward, the market is expected to surge to $2.49 billion by 2028, with a CAGR of 5.1%. This optimistic forecast can be attributed to various factors, including health and wellness trends, the rise of e-commerce and delivery services, and the push towards sustainable packaging. Additionally, the market is witnessing a rise in plant-based alternatives, healthier preparation methods, and a demand for gourmet and artisanal offerings.

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Disposable Income: A Key Growth Driver
One significant factor propelling the chicken bucket market is the increase in disposable income among consumers. With more money to spend, individuals are more inclined to indulge in ready-to-eat food options such as chicken buckets. For instance, a report from the Bureau of Economic Analysis in August 2023 highlighted a slight increase in disposable personal income in the US, signaling a positive impact on the market.

Innovative Companies Leading the Market
The market is dominated by key players such as Graphic Packaging International LLC and KFC Corporation, among others. These companies are constantly innovating, as seen with KFC’s launch of the limited-edition Finger Lickin’ Chicken Mitten Bucket Hugger in November 2021, which showcased their creative approach to holiday-themed packaging.

Strategic Acquisitions and Market Expansion
In a strategic move to expand its portfolio, Graphic Packaging acquired International Paper in May 2021, solidifying its stance in the fiber-based consumer packaging market. This acquisition is a testament to the dynamic nature of the chicken bucket market and the ongoing efforts by companies to enhance their offerings.

Market Segmentation and Regional Insights
The market is segmented by material into paper and paperboard, and plastic; by capacity; and by end user into foodservice, institutional, and household categories. North America emerged as the largest market in 2023, with Asia-Pacific predicted to be the fastest-growing region during the forecast period, highlighting the global appeal and adaptability of chicken buckets.

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The Chicken Bucket Global Market Report 2024  provides an overview of the chicken bucket market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The chicken bucket market forecast analyzes chicken bucket market size, chicken bucket market share, leading competitor and their market positions.

The Table Of Content For The Chicken Bucket Market Include:
1. Chicken Bucket Market Executive Summary
2. Chicken Bucket Market Segments
3. Chicken Bucket Market Size And Chicken Bucket Market Growth Rate
4. Key Chicken Bucket Market Trends
5. Major Chicken Bucket Market Drivers
……
25. Key Mergers And Acquisitions In The Chicken Bucket Market
26. Top Chicken Bucket Companies
27. Chicken Bucket Market Opportunities And Strategies
28. Chicken Bucket Market, Conclusions And Recommendations
29. Appendix

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