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How big is the poultry market today, and what are its future growth expectations?
The poultry market size has grown strongly in recent years. It will grow from $384.95 billion in 2024 to $410.98 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rise in consumption of meat, low interest rates, increased awareness about the health benefits, and rise in disposable income.
The poultry market size is expected to see strong growth in the next few years. It will grow to $532.3 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rise in consumption of protein, increasing government support, rapid urbanization and increasing population. Major trends in the forecast period include technology advancements, organic poultry, camera-based weighing systems, use of artificial intelligence, increasing investments and strategic partnerships and acquisitions.
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What have been the primary factors driving the poultry market’s growth?
Poultry manufacturing growth is aided by stable economic growth forecasted in many developed and developing countries. For instance, in April 2024, according to the International Monetary Fund, a US-based financial agency, the global economy is projected to maintain a growth rate of 3.2% in 2024 and 2025, consistent with the pace seen in 2023. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market’s growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user poultry market, thereby driving poultry manufacturing during the forecast period.
What are the key segments within the poultry market?
The poultry market covered in this report is segmented –
1) By Type: Chicken, Turkey, Ducks, Other Poultry
2) By Product Type: Fresh/Chilled, Frozen, Ready-To-Cook, Ready-To-Eat, Other Product Types
3) By Nature: Organic, Conventional
4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Food Services, E-Commerce, Other Distribution Channels
Subsegments:
1) By Chicken: Broilers, Layers, Specialty Chicken Breeds
2) By Turkey: Commercial Turkeys, Heritage Turkeys
3) By Ducks: Meat Ducks, Egg-laying Ducks
4) By Other Poultry: Geese, Quail, Pigeons, Other Specialty Birds
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Which key players are shaping the poultry market?
Major companies operating in the poultry market include JBS S.A, Tyson Foods, Inc, Pilgrim’s Pride Corporation, BRF S.A, Sanderson Farms, Charoen Pokphand Foods, Hormel Foods Corp, New Hope Liuhe Co. Ltd, Koch Foods, Perdue Farms, Japfa Comfeed Indonesia, Suguna Foods Private Limited, Sneha Group, Jumonji Chicken Company Ltd, Zennoh Feed Mills of the Tohoku District Co, Ltd, Koyu Shokucho KK, Grow-A-Duck Pty Ltd, Arranmore Operations Pty Ltd, Koreaduckherd Co. Ltd, MS Food, Wens Foodstuffs Group Co Ltd, Wellhope Foods Co., Ltd, Fujian Sunner Food Co., Ltd, Jiangsu Lihua Animal Husbandry Co., Ltd, Jiangsu Yike Food Group Co., Ltd, LDC, Fileni Group, PHW Group, Veronesi Holding S.p.A, 2 Sisters Food Group, Noble Foods, Sprehe Gruppe, Lambert Dodard Chancereul Group, HYZA a.s, Res-Drob, Cherkizovo group, AO Prioskolie, SC Avicola Slobozia SA, Vitall SRL, Vodňanská drůbež, a.s, Sinyavskaya Poultry Farm, Ovostar Union, Maple Leaf Foods Inc, Foster Farms, Sysco Corporation, Smithfield Foods Inc, Agro super S.A, Perdigao S.A, Pif Paf Alimentos, Globoaves, Group Arcor, Cresta Roja, Noelma S.A, Arab Company For Livestock Development (ACOLID), Al-Watania, Al-Fakeih Poultry Farms, Keskinoglu, Emirates Modern Poultry Company (Al Rawdah), RCL Foods Ltd, Astral Foods, Cairo Poultry Company, Country Bird Holdings, Sovereign Food Investments, Arab Poultry Breeders Co, Marubeni.
How will emerging trends drive the poultry market throughout the forecast period?
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 the 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 its size and shape. It is a data-driven process that maximizes the yield and minimizes the per unit cost for poultry meat processing. Major companies involved in pioneering this technology include Gainco, a meat and poultry equipment manufacturer, and Midwest Machine LLC.
How do regional factors impact the poultry market, and which region is the largest contributor?
The countries covered in the poultry market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
What Does The Poultry Market Report 2025 Offer?
The poultry market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Poultry meat products are defined as food products that are slaughtered and used for human consumption by processing and preserving poultry meat by smoking, salting, fermenting, or adding any chemicals.
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