Published Date: May 2024
Foie gras is a high-end dish made from duck or goose liver. To fatten their liver, the animals are force fed using a feeding tube. Ducks and geese are fed for about 15 days to fatten their livers before being butchered after about 100 days. In comparison to the goose, duck is more typically utilised in the manufacturing of foie gras. The manufacture of foie gras is based on the theory that some water birds have the ability to extend their oesophagus, particularly their liver, in preparation for migration. Ducks and geese have cropped in their alimentary canals, which allows them to be employed in the manufacturing of foie gras.Foie Gras Market was valued at US$ 218.4 Billion in 2024 and is projected to grow at a CAGR of 3.69% to reach US$ 300.6 Billion by 2034.
Region Analysis:
In 2020, the European area led the global market, and this trend is projected to continue in the forecast future. It is followed by North America and the Asia Pacific region, which are predicted to grow rapidly throughout the forecast period due to growing urbanisation and industrialisation, as well as rising consumption and per capita income.
Key Highlights:
- In 2022, Controversial A Paris-based business has secured $10 million to produce a cruelty-free and lab-grown alternative to the French delicacy foie gras.
- In 2022, IntegriCulture, a Japanese startup, has acquired $7 million in funding to further develop its cell-growing platform and commercialize lab-grown foie gras. A cellular meat company would be a logical fit for foie gras. It is typically manufactured from the livers of force-fed ducks or geese, which raises concerns about animal cruelty. It's also frequently served as a pâté, which means it has a basic structure. Gourmey, a French start-up, raised $10 million last year to expand manufacturing of its own lab-grown foie gras.
Key Market Insights from the report:
Foie Gras Market was valued at US$ 218.4 Billion in 2024 and is projected to grow at a CAGR of 3.69% to reach US$ 300.6 Billion by 2034. The foie gras market report segments the market on the basis of type, application, and region.
- Based on Type, Foie Gras Market is segmented into Goose liver, and Duck liver.
- Based on Application, Foie Gras Market is segmented into Direct consumption, and Food processing industry (FPI).
- By Region, the Foie Gras Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Foie Gras Market:
The key players operating the Foie Gras Market includes, Comtesse du Barry, Ducs de Gascogne, EURALIS, Agro-Top Produits s.a., The Artisan Food Company, Seattle Caviar Co., Jiajia Food Group Co Ltd , Hudson Valley Foie Gras, LLC., Gourmey, D'Artagnan, Foie Gras Partners, Foie Gras Gourmet, Georges BRUCK, and Montfort.
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