Global Turkey Meat Market. Analysis And Forecast to 2025

IndexBox has just published a new report "World: Turkey Meat - Market Report. Analysis And Forecast To 2025" ( http://www.indexbox.co.uk/store/world-turkey-meat-market-report-analysis-and-forecast-to-2020?utm_source=opr ).

This report contains an in-depth analysis of the global turkey meat market. Within it, you will identify the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast displays the market perspectives through 2025.

Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.

Product coverage:
Turkey Meat

Data coverage:
• Turkey meat market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global turkey meat production, split by region and country;
• Global turkey meat trade (exports and imports);
• Producer, export and import prices for turkey meat;
• Turkey meat market trends, drivers and restraints;
• Key market players and their profiles.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Abstract
Global turkey meat market revenue amounted to 14,871 million USD in 2015, ascending by +3.7% against the previous year level. Overall, global turkey meat market continues to indicate a significant growth: the market value increased at an average annual rate of +1.9% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when the market revenue increased by +18% from the previous year level. Over the period under review, the global turkey meat market revenue peaked in 2015, and is likely to continue its growth in the immediate term.

Over the analyzed period, an increase in global turkey meat production was primarily driven by disposable income growth and population growth. Furthermore, these key drivers are expected to continue promoting the turkey meat output in the immediate term. This general positive trend was largely conditioned by a slight curtailment of the harvested area and a moderate improvement of the yield figures.

The country with the largest volume of the turkey meat output in absolute volumes was the United States (2,554 thousand tonnes), accounting for 47% of global production. Moreover, turkey meat output in the United States exceeded the figures recorded by the world's second largest producer, Germany (469 thousand tonnes), fivefold. The third position in this ranking was occupied by Brazil with a share of 8%. From 2007 to 2015, an average annual growth rate of the United States's turkey meat producton stood at -0.7%. The remaining producing countries recorded the following average annual growth rates: Germany (+2.8% per year) and Brazil (+1.9% per year).

The world turkey meat producing animals (slaughtered) amounted to 639 million head in 2015, which was -1.5% less than the previous year figure. The producing animals (slaughtered) indicated a small contraction over the period under review, declining by an average annual rate of -0.4% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total turkey meat producing animals (slaughtered) peaked in 2008, falling back in the following year. From 2009 to 2015, the total turkey meat producing animals (slaughtered) fluctuated at lower levels.

The global average turkey meat yield/carcass weight amounted to 86 thousand 0.1g/An in 2015, fluctuating near the previous year level. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +0.6% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest turkey meat yields were recorded in 2012, when it peaked at 87 thousand 0.1g/An. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.

Source: http://www.indexbox.co.uk/store/world-turkey-meat-market-report-analysis-and-forecast-to-2020?utm_source=opr

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This release was published on openPR.