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Poultry Market | Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Wens Foodstuff Group Co. Ltd., BRF S.A.

08-03-2021 07:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Poultry Market

Poultry Market

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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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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