Overview and Scope
Poultry meat products are defined as food products that are slaughtered and used for human consumption by processing and preserving poultry meat by smoking, salting, fermenting, or adding any chemicals.
Sizing and Forecast
The poultry market size has grown strongly in recent years. It will grow from $360.5 billion in 2023 to $385.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rise in consumption of meat, low interest rates, increased awareness about the health benefits, and rise in disposable income.
The poultry market size is expected to see strong growth in the next few years. It will grow to $494.55 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rise in consumption of protein, increasing government support, rapid urbanization and increasing population. Major trends in the forecast period include technology advancements, organic poultry, camera-based weighing systems, use of artificial intelligence, increasing investments and strategic partnerships and acquisitions..
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Segmentation & Regional Insights
The poultry market covered in this report is segmented –
1) By Type: Chicken, Turkey, Ducks, Other Poultry
2) By Product Type: Fresh/Chilled, Frozen, Ready-To-Cook, Ready-To-Eat, Other Product Types
3) By Nature: Organic, Conventional
4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Food Services, E-Commerce, Other Distribution Channels
Asia-Pacific was the largest region in the poultry market in 2023. Western Europe was the second-largest region in the poultry market. The regions covered in the poultry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Poultry manufacturing growth is aided by stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP growth reached 3.3% in 2020 and another 3.4% in 2021. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user poultry market, thereby driving poultry manufacturing during the forecast period.
Key Industry Players
Major companies operating in the poultry market report are JBS S.A, Tyson Foods, Inc, Pilgrim's Pride Corporation, BRF S.A, Sanderson Farms, Charoen Pokphand Foods, Hormel Foods Corp, New Hope Liuhe Co. Ltd, Koch Foods, Perdue Farms, Japfa Comfeed Indonesia, Suguna Foods Private Limited, Sneha Group, Jumonji Chicken Company Ltd, Zennoh Feed Mills of the Tohoku District Co, Ltd, Koyu Shokucho KK, Grow-A-Duck Pty Ltd, Arranmore Operations Pty Ltd, Koreaduckherd Co. Ltd, MS Food, Wens Foodstuffs Group Co Ltd, Wellhope Foods Co., Ltd, Fujian Sunner Food Co., Ltd, Jiangsu Lihua Animal Husbandry Co., Ltd, Jiangsu Yike Food Group Co., Ltd, LDC, Fileni Group, PHW Group, Veronesi Holding S.p.A, 2 Sisters Food Group, Noble Foods, Sprehe Gruppe, Lambert Dodard Chancereul Group, HYZA a.s, Res-Drob, Cherkizovo group, AO Prioskolie, SC Avicola Slobozia SA, Vitall SRL, Vodňanská drůbež, a.s, Sinyavskaya Poultry Farm, Ovostar Union, Maple Leaf Foods Inc, Foster Farms, Sysco Corporation, Smithfield Foods Inc, Agro super S.A, Perdigao S.A, Pif Paf Alimentos, Globoaves, Group Arcor, Cresta Roja, Noelma S.A, Arab Company For Livestock Development (ACOLID), Al-Watania, Al-Fakeih Poultry Farms, Keskinoglu, Emirates Modern Poultry Company (Al Rawdah), RCL Foods Ltd, Astral Foods, Cairo Poultry Company, Country Bird Holdings, Sovereign Food Investments, Arab Poultry Breeders Co, Marubeni.
The poultry market report table of contents includes:
1. Executive Summary
2. Poultry Market Characteristics
3. Poultry Product/Service Analysis -Product/Service Examples
4. Poultry Market Trends And Strategies
5. Poultry Market - Macro Economic Scenario
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68. Global Poultry Market Competitive Benchmarking
69. Global Poultry Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Poultry Market
71. Poultry Market Future Outlook and Potential Analysis
72. Appendix
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IntroductionConsumers want to buy large-weight poultry farm chicken and some are prepared to go with the price you're willing to sell them when they're satisfied with the weight of the chicken.
Therefore poultry farmers are always looking for ways to raise their chicken's body weight.As a poultry farmer, I'm sure you have a variety of chickens that you raise to sell during festive times like Christmas, Easter, Sallah etc.
I decided to share my special diet recipe for chicken that includes both starters and finishers.
Use Chicken Growth Promoter or EnhancerI don't normally help farmers treat their animals with growth boosters.
If you do need to use it, though, consider researching them and consulting your veterinarian.
Consider using as much as possible an organic chicken growth promoter or booster, if you need to use a chicken growth enhancer.Avoid Starving the ChickensI've been to friends and family farms, and even client's farms.
