Press release
Poultry Market | Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Wens Foodstuff Group Co. Ltd., BRF S.A.
Poultry are domesticated birds raised for meat, eggs, and feathers. Popular birds of poultry include chickens, turkeys, ducks, geese, guinea flow, and squabs. Poultry market is expected to witness significant growth over the forecast period, owing to increasing population. For instance, according to the World Bank, global population is 7.7 billion as of October 2019 and is projected to reach 9.7 billion by the end of 2050.Poultry meat is the most preferred meat among beef, pork, and other red meat, and is comparatively less expensive. This is expected to boost growth of the global poultry market over the forecast period. Furthermore, increasing income disposable income of the populace coupled with changing preferences among people is expected to increase demand for poultry items such as eggs and meat.
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Detailed Segmentation:
Global Poultry Market, By Species Type:
Chicken
Turkey
Duck
Geese
Others
Global Poultry Market, By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Poultry meat is the most preferred meat among beef, pork, and other red meat, and is comparatively less expensive. This is expected to boost growth of the global poultry market over the forecast period. Furthermore, increasing income disposable income of the populace coupled with changing preferences among people is expected to increase demand for poultry items such as eggs and meat.
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This report provides in-depth analysis of global poultry market and provides market size (US$ Mn & ‘000 Tons) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market
drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategy adopted by key players
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