Global Poultry Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
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) such as meat processors and poultry farms that breed and/or raise poultry and sell the meat after slaughter, either at their own premises or through a third party which is engaged in preparing processed poultry and its byproducts. Poultry includes birds and white meats such as 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 meat and meat products through various distribution channels to both individual customers and commercial establishments such as hotels and restaurants.
The global poultry market is expected to grow from 319.2 billion in 2019 at a rate of 6.1% to nearly $405 billion by 2023. The market is expected to grow at a rate of 7.2% to nearly $465.7 billion by 2025, and at a rate of 6.8% to $645.7 billion by 2030.
Technological advances is expected to drive the poultry market during the forecast period. New practices involve the use of wireless technologies, GPS positioning and lasers, for tracking meat production and packaging. Meat producing and packaging companies are also expected to integrate big data analytics, IoT, robotics and other technologies into their production and packaging practices i. These technological developments are expected to drive the poultry market going forward.
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Some poultry market trends include 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. Moreover, the demand for ready-to-eat food that also includes poultry foods increased, thus resulting as an emerging trend in the poultry market. Busy lifestyles are keeping people away from cooking meals; therefore, many of them are dependent on ready-to-eat foods as it saves time and energy.
Global poultry market segments include:
1) By Type Of Animal: Chicken, Turkey, Ducks and Geese, Others
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Foodservice Stores, E-commerce, Others
3) Product Type: Fresh/Chilled, Frozen, Ready-To-Cook, Ready-To-Eat, Others
4) By Nature: Organic, Conventional
5) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Poultry Opportunities And Strategies: Forecast 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 identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Poultry Opportunities And Strategies: Forecast 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: Tyson Foods, Inc., JBS S.A., BRF S.A., Koch Foods, Charoen Pokphand Foods
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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