Poultry Market

Poultry are domesticated birds raised for meat, eggs, and feathers. Popular birds of poultry include chickens, turkeys, ducks, geese, guinea flow, and squabs. Global Poultry Market is expected to witness significant growth over the forecast period, owing to increasing population. For instance, according to the World Bank, global population is 7.902billion as of January 2023 and is projected to reach 9.802 billion by the end of 2050.

Poultry meat is the most preferred meat among beef, pork, and other red meat, and is comparatively less expensive. This is expected to boost growth of the Global Poultry Market over the forecast period. Furthermore, increasing income disposable income of the populace coupled with changing preferences among people is expected to increase demand for poultry items such as eggs and meat.

Market Dynamics

Based on distribution channel, in 2022 specialty stores accounted for the largest market share in terms of revenue and contributed for 36.7% in the global poultry market. Specialty stores offers specific products according to the type of store. People prefer buying poultry products through specialty stores as it is considered to offer fresh products. This is expected to increase demand for poultry from specialty stores over the forecast period.

Among regions, in 2022, Asia Pacific held dominant position in the Global Poultry Market and accounted for a revenue share of 38.40%. Asia Pacific holds a larger share of global population. For instance, according to the United Nations Population Fund (Asia and the Pacific), Asia Pacific region is home for 60% of the global population accounting for 4.3 billion people, where India and China are the most populous countries in the region. Therefore, increasing population in the region is expected to increase demand for poultry products, which is further expected to drive regional Global Poultry Market growth over the forecast period.

Key features of the study:

• This report provides in-depth analysis of Global Poultry Market and provides market size (US$ Bn & Tons) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategy adopted by key players
• It profiles key players in the Global Poultry Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include, Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Wens Foodstuff Group Co. Ltd., BRF S.A., Perdue Farms, Sanderson Farms, Baiada Poultry, Bates Turkey Farm, and Amrit Group
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up gradation, market expansion, and marketing tactics
• The Global Poultry Market report caters to various stakeholders in this industry including investors, suppliers, producers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global poultry market

Detailed Segmentation:

• Global Poultry Market, By Species Type:
  • Chicken
  • Turkey
  • Duck
  • Geese
  • Others
• Global Poultry Market, By Distribution Channel:
  • Hypermarkets
  • Supermarkets
  • Online Channels
  • Specialty Stores
  • Others
• Global Poultry Market, By Region:
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • North Africa
    • Central Africa
    • South Africa
• Company Profiles
  • Tyson Foods, Inc.*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • JBS S.A.
  • Pilgrim's Pride Corporation
  • Wens Foodstuff Group Co. Ltd.
  • BRF S.A.
  • Perdue Farms
  • Sanderson Farms
  • Baiada Poultry
  • Bates Turkey Farm
  • Amrit Group

“*” marked represents similar segmentation in other categories in the respective section.