Global Organic Poultry Market Report (2020 to 2030) - COVID-19 Growth and Change - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Organic Poultry Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global organic poultry market.

The global organic poultry market is expected to grow from $7.5 billion in 2019 and to $7.7 billion in 2020 at a growth rate of 1.91%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $9.9 billion in 2023 at CAGR of 8.74%.

This report focuses on the organic poultry market which is experiencing strong growth. The report gives a guide to the organic poultry market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.

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North America was the largest region in the organic poultry market in 2019.

In 2018, Tyson Foods Inc., a U.S.A based poultry producer, acquired Tecumseh Poultry LLC for $382 million.

Through this acquisition, Tyson foods aimed on strengthening its organic chicken product line by including organic chicken sausages and organic fresh chicken, which is expected to favor sales and growth prospects for Tyson. The Smart Chicken brand of Tecumseh Poultry LLC is renowned in organic poultry market, and the acquisition makes a strategic fit for Tyson Foods. Tecumseh Poultry LLC is a U.S.A based organic chicken farming company.

High cost to the consumer is one of the reasons for organic poultry's differential demand. The high cost to the customers is attributed by factors such as lack of organic feed, land availability, and high maintenance costs. Further, disease outbreaks in poultry birds resulting in producers to loose birds creates a differential supply and demand in organic poultry market, resulting in increased cost to customers.

To meet the ever-increasing need for improved and more efficient organic poultry services, companies operating in organic poultry market are rapidly adopting new market dynamics and focusing primarily on enhancing technologies to address the rising demand of safe and improved poultry services. For instance, in 2019, Transport Genie Ltd., a Canadian company involved in transportation of animals partnered with Prodavi SA, an integrated poultry company based in Switzerland, to conduct field trials using Transport Genie smart sensors on poultry transport trucks.

Consumer awareness about the health benefits of organic food including organic poultry has seen a significant increase and is driving the organic poultry market in a positive direction. Organic poultry is rich in vitamins, omega-3 fatty acids and offer high nutritional value. Thus, more awareness of the health benefits of organic food including organic poultry among the consumers increases the demand for organic poultry.

Key Topics Covered:

1. Executive Summary

2. Organic Poultry Market Characteristics

3. Organic Poultry Market Size And Growth

3.1. Global Organic Poultry Historic Market, 2015 - 2019, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Organic Poultry Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Organic Poultry Market Segmentation

4.1. Global Organic Poultry Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

4.2. Global Organic Poultry Market, Segmentation By Processing Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

4.3. Global Organic Poultry Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

4.4. Global Organic Poultry Market, Segmentation By Distribution Channels, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5. Organic Poultry Market Regional And Country Analysis

5.1. Global Organic Poultry Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5.2. Global Organic Poultry Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Companies Mentioned

• Tyson foods
• Tecumseh Poultry LLC
• Bell & Evans
• Hain Celestial
• Fosters Farm
• Bostock's Organics
• Riverford Organic Farms
• Cargill meat solutions
• SUN DAILY
• Hubei Shendi Agricultural Science
• Hebei Dawu Group
• Danone
• Campbell Soup Co
• Perdue farms
• Capestone Organic Poultry farm
• Yorkshire Valley Farms
• Underrwood meat company
• Pilgrim's Pride
• Petaluma Poultry
• CP GROUP
• DQY Ecological
• Shanxi Jinlong Group Feed
• Henan Liujiang Shengtai Muye
• Huangpi Mulan Ponds Limited
• Hanwei-Group
• Shanxi Dajiang Agriculture

For more information about this report visit https://www.researchandmarkets.com/r/ops46h