The Global Poultry Market Report by The Business Research Company covers poultry market drivers and restraints, poultry market size, major players, and the impact of COVID-19 on the poultry market.
The poultry market consists of sales of poultry by entities (organizations, sole traders and partnerships) that slaughter poultry and prepare processed poultry and meat byproducts. Poultry includes chickens, ducks, geese, rabbits, small game and turkeys. Poultry processing is fully or semi-automated in most countries. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The poultry market is segmented into chicken, turkey, ducks and other poultry.
The poultry manufacturing growth is aided by stable economic growth forecasted in many developed and developing countries.
The global poultry market is expected to grow from $310.7 billion in 2020 to $322.55 billion in 2021 at a compound annual growth rate (CAGR) of 3.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $422.97 billion in 2025 at a CAGR of 7%.
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Some poultry market trends include poultry processing companies increasingly using 3D imaging systems to optimize yields. 3D imaging systems model the poultry bird using sensors and actuators to determine the position of cut. The bird is put under the vision system, which takes the images and measurements and geometry is determined. Near-infrared sensors determine the amount of meat and bone present in the bird. Vision analysis enables the system to perform optimal cuts for each bird regardless of the size and shape.
Global poultry market segments include:
1) By Type: Chicken, Turkey, Ducks, Other Poultry.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
3) By Product Type: Seasoned, Frozen, Ready-To-Cook, Ready-To-Eat, Others.
4) By Nature: Organic, Conventional.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global poultry market share.
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The Poultry Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides poultry market overviews, analyzes and forecasts market size, share, poultry market players, poultry market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The poultry market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Poultry Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: BRF S.A, Bayle S.A., CTB Inc., Cargill Incorporated, Cherkizovo Group.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The poultry Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The poultry Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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