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Poultry Market Analysis 2023-2032 : Market Size, Top Segments, Leading Region Forecast |
As per The Business Research Company's Poultry Opportunities And Strategies Market Report 2023, The global poultry market size grew from $352.02 billion in 2022 to $378.84 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global poultry market is expected to grow to $487.39 billion in 2027 at a CAGR of 6.5%.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.
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Poultry processing companies are increasingly using 3D imaging systems to optimise yields. 3D imaging systems model the poultry bird using sensors and actuators to determine the position of the cut. The bird is put under the vision system, which takes the images and measurements, and the geometry is determined. Near-infrared sensors determine the amount of meat and bone present in the bird.
Poultry Market Segmentation:
The Poultry market is segmented by type, by distribution channel, by Production and by Nature.
1) By Type: Chicken, Turkey, Ducks , Other Poultry
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By Product Type: Seasoned, Frozen, Ready-to-Cook, Ready-to-Eat, Other Product Types
4) By Nature: Organic, Conventional
Major players in the Poultry market include JBS S.A., Tyson Foods Inc., Pilgrim's Pride Corporation, Hormel Foods Corp, Sanderson Farms Inc., New Hope Liuhe Co. Ltd.
The regions covered in the global Poultry market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Poultry Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Poultry Market Report Table Of Content
1. Poultry Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
.....
25. Key Mergers And Acquisitions In The Poultry Market
26. Market Background: Meat, Poultry And Seafood Market
27. Poultry Market Opportunities And Strategies
28. Poultry Market, Conclusions And Recommendations
29. Appendix
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