Hen Market 2024 - By Share, Growth, Demand, Trends, Opportunities And Outlook 2033

The hen market size has grown strongly in recent years. It will grow from $250.53 billion in 2023 to $269.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to population growth and urbanization, changing dietary preferences, economic development, livestock farming practices, health and nutritional awareness..

The hen market size is expected to see strong growth in the next few years. It will grow to $357.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to health and wellness trends, sustainable farming practices, dietary shifts and protein demand, regulatory compliance and animal welfare, global food security.. Major trends in the forecast period include environmental sustainability, egg quality assurance programs, local and small-scale production, egg-based products innovation, educational initiatives..

Market Overview -
Hen refers to domesticated female chickens that are over a year old. The scientific name of the hen is Gallus domesticus, and it is considered an omnivorous species that feeds on insects, seeds, and grains as a food source. It is commonly used to produce meat and lay eggs for human consumption as a lean source of protein.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=9721&type=smp

Rising Meat Consumption Per Capita Is A Catalyst For Hen Market Growth In The Era Of High-Protein Diets
The increasing meat consumption per capita is expected to propel the growth of the hen market going forward. Meat consumption per capita refers to the amount of red meat and poultry that an average person consumes in a year, measured in retail weight. The increased meat consumption per capita is mostly driven by population growth, urbanization, rising incomes, and the rise in popularity of high-protein diets, where hens dominate meat consumption as it is generally affordable and low in fat while providing high-quality protein with a desirable fatty acid profile. For instance, in July 2021, according to the Food and Agriculture Organization (FAO) agriculture report outlook 2021-2030 shared by the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, it is anticipated that global meat consumption per capita would rise by 0.3% per year to 35.4 kg in retail weight equivalent by 2030. In addition, due to its more wholesome food option, affordable pricing, and ease of preparation, chicken meat is predicted to account for 41% of all the protein from meat sources in 2030, increasing by 2%. Therefore, increasing meat consumption per capita is driving the growth of the hen market.

Competitive Landscape -
Major companies operating in the hen market report are Tyson Foods Inc., Pilgrim's Pride Corporation, Foster Farms LLC, Perdue Farms Inc., Plainville Farms LLC, Bell & Evans Pvt. Ltd., Eversfield Organic Limited, Plukon Food Group B.V., The Hain Celestial Group Inc., Inglewood Group Ltd., JBS S.A., Danish Crown A/S, Vion Food Group, Hormel Foods Corporation, Ayrshire Farms LLC, Sanderson Farms Inc., Koch Foods Inc., Wayne Farms LLC, Mountaire Farms Inc., House of Raeford Farms Inc., Simmons Foods Inc., Cal-Maine Foods Inc., Rose Acre Farms Inc., Rembrandt Enterprises Inc., Michael Foods Inc., Hillandale Farms Corporation, Daybreak Foods Inc., Sparboe Farms Inc., Herbruck's Poultry Ranch Inc., Cooper Farms Inc. .

Do Good Foods Introduces Innovative Do Good Eggs To Tackle Food Waste And Climate Change In The Hen Market
Product innovations have emerged as a key trend gaining popularity in the hen market. Major companies operating in the hen market are focused on innovating new products to sustain their position in the market. For instance, in December 2022, Do Good Foods, a US-based climate-forward food solutions company, launched Do Good Eggs, its latest product innovation to fight food waste and combat climate change. Do Good Eggs help foodservice businesses lower their Scope 3 carbon emissions while attracting customers who want to buy environmentally friendly products. Each dozen of Do Good Eggs will stop about one pound of greenhouse gas emissions (CO2e) from entering the atmosphere. All Do Good Eggs will be made in a cage-free facility that has received certification.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/hen-global-market-report

Key Segments -
The hen market covered in this report is segmented -
1) By Product Type: Eggs, Meat
2) By Packaging Type: Vaccum Skin Packaging, Modified Atomspheric Packaging, Overwrap Packaging, Shrink Packaging, Vaccum Thermoformed Packaging
3) By Distribution Channel: Business To Business, Business To Consumer
4) By Application: Food Services, Retail

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.