Global Poultry Market Size, Forecasts, And Opportunities – Includes Poultry Market Analysis
Learn about the global poultry market through The Business Research Company, which provides information on poultry market size, poultry market drivers and restraints, poultry market players, the COVID-19 impact on the poultry market, and more.
The global poultry market size is expected to grow from $318.58 billion in 2021 to $350.87 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global poultry market size is expected to grow to $493.21 billion in 2026 at a CAGR of 8.9%.
Stable economic growth is expected to increase investments in the end-user poultry market, thereby driving poultry manufacturing during the forecast period.
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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.
Global Poultry Market Segments Include:
By Type: Chicken, Turkey, Ducks, Others
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
By Product Type: Seasoned, Frozen, Ready-to-Cook, Ready-to-Eat, Others
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 was the largest region in the poultry market in 2021.
Poultry processing companies are increasingly using 3D imaging systems to optimize yields. 3D imaging systems model the poultry bird using sensors and actuators to determine the position of the 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. It is a data-driven process that maximizes the yield and minimizes per unit cost for poultry meat processing.
Major Market Players: JBS S.A., Tyson Foods Inc, Pilgrim’s Pride Corporation, Hormel Foods Corp, Sanderson Farms Inc, New Hope Liuhe Co. Ltd., BRF S.A., Maruha Nichiro Corporation, Marubeni, and Bell AG.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Poultry Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.
TBRC’s poultry market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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