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Poultry Market Status, Size, Share And Forecast 2023 - 2032
Year End Offer By The Business Research Company - Get 33% Discount On Opportunities And Strategies Reports And 25% Discount On Global Market ReportsThe Business Research Company's latest "Global Poultry Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry
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The global poultry market grew from $352.80 billion in 2022, having increased at a compound annual growth rate (CAGR) of 3.6 % since 2017. The market is expected to grow from $352.80 billion in 2022 to $482.33 billion in 2027 at a rate of 6.5 %. The market is then expected to grow at a CAGR of 6.1% from 2027 and reach $647.96 billion in 2032.
Poultry refers to a group of domesticated birds that are primarily raised for their meat. Poultry includes various types of birds, including chickens, turkeys, ducks, geese, and sometimes guinea fowl or quails, that are commercially or domestically raised for food.
Companies operating in the poultry market are focused on technological advancements to strengthen their position in the market. The poultry industry is adopting advanced technologies to improve production efficiency, animal welfare, and sustainability. Innovations such as automated systems for feeding, monitoring, and disease control, as well as precision nutrition and genetic improvements, are being implemented to optimize poultry farming practices. For example, in July 2021, MSD, a US-based health care company that delivers innovative health solutions through its prescription medicines, vaccines, biological therapies, and animal health products, launched the Poultry Sense platform, which monitors broiler production in real-time. Through this platform, farmers can predict flock health, enhance performance, and ultimately improve sustainability at a farm level. The platform is built on sensors that are positioned in sheds and record data on things like bird weight, air pressure, humidity, temperature, and carbon dioxide levels.
Poultry Market Segmentation:
By Type -
a) Chicken
b) Turkey
c) Ducks
d) Other Poultry
By Distribution Channel -
a) Supermarkets/Hypermarkets
b) Convenience Stores
c) Food Services
d) E-Commerce
e) Other Distribution Channels
By Product Type -
a) Fresh/Chilled
b) Frozen
c) Ready-To-Cook
d) Ready-To-Eat
e) Other Product Types
By Nature -
a) Organic
b) Conventional
Some of the key players involved in the Poultry market are
JBS S.A.
Tyson Foods, Inc.
Pilgrim's Pride Corporation
BRF S.A.
Sanderson Farms
The regions covered in the globalPoultry market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction And Market Characteristics
............
24. Key Mergers And Acquisitions
25. Market Background: Meat, Poultry And Seafood Market
26. Opportunities And Strategies
27. Poultry Market, Conclusions And Recommendations
28. Appendix
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