DUBLIN--(BUSINESS WIRE)--The "Poultry Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
This report provides the strategists, marketers and senior management with the critical information they need to assess the global poultry market.
The global poultry market reached a value of nearly $319.2 billion in 2019, having grown at a compound annual growth rate (CAGR) of 5.5% since 2015, and is expected to grow at a CAGR of 6.1% to nearly $405 billion by 2023. The market is expected to grow at a CAGR of 7.2% to nearly $465.7 billion by 2025, and at a CAGR of 6.8% to $645.7 billion by 2030.
The Asia Pacific was the largest region in the global poultry market, accounting for 31.6% of the total in 2019. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the poultry market will be Asia Pacific and Africa, where growth will be at CAGRs of 9.4% and 8.4% respectively. These will be followed by the Middle East, and Eastern Europe, where the markets are expected to grow at CAGRs of 7.1% and 6.0% respectively.
Market-trend-based strategies for the poultry market include investing in making new ready-to-eat variants of poultry products to meet the increased demand, consider integrating 3D imaging systems to optimize processes, investing in solutions based on big data and predictive analysis to increase revenues, in robotics technology to enhance management of farms and to enhance productivity, invest in virtual reality to increase the efficiency of farms, and consider offering online delivery services to increase revenues. Player-adopted strategies in the poultry market include improving revenues through mergers and acquisitions, improve production efficiency and reduce costs through the implementation of advanced technologies and upgrading of production facilities and increasing business effectively by increasing stakes in group companies.
The COVID-19 pandemic has created setbacks in many industries and global economies. Travel restrictions, stringent lockdown measures, disruptions in supply chains, and trade restrictions have caused industries such as the poultry market to suffer from setbacks. Working in the poultry industry is mainly a hands-on job, which put many farmers and labourers at risk of contracting the virus. Thousands of people working in large meat processing facilities have fallen ill from COVID-19 and at least thirty people working in those facilities have died from the disease. The elbow-to-elbow environment of the processing lines and a large number of people working in these facilities have been prime conditions for the virus to spread. The lack of personal protective equipment has also contributed to the spread of the illness.
Key Topics Covered:
1. Poultry Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Type Of Animal
6.3. Segmentation By Distribution Channel
6.4. Segmentation By Product Type
6.5. Segmentation By Nature
7. Poultry Market Characteristics
8. Poultry Market Product Analysis
9. Poultry Market Supply Chain Analysis
10. Poultry Market Customer Information
11. Poultry Market Trends And Strategies
11.1. Ready-To-Eat Meals
11.2. Increased Preference Of Poultry In Asia
11.3. Use of 3D Imaging Systems
11.4. Use Of Big Data And Predictive Analytics
11.5. Robotics And Automation In Poultry Meat Processing
11.6. Use of Virtual reality (VR) In Production
11.7. Online Delivery Of Meat
12. COVID Impact On The Poultry Market
12.1. Demand Fluctuations In Different Countries
12.2. Supply Chain Challenges
12.3. Technological Adoptions
12.4. Survey
13. Global Poultry Market Size And Growth
14. Poultry Market, Regional Analysis
14.1. Global Poultry Market, By Region, Historic and Forecast, 2015 - 2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.2. Global Poultry Market, 2015 - 2023, Historic And Forecast, By Region
14.3. Global Poultry Market, 2019-2023, Growth And Market Share Comparison, By Region
15. Global Poultry Market Segmentation
16. Global Poultry Market Comparison with Macro Economic Factors
16.1. Poultry Market Size, Percentage Of GDP, Global
16.2. Per Capita Average Poultry Market Expenditure, Global
Companies Mentioned
- 2 Sisters Food Group
- AD'ORO
- AIA
- Al-Fakeih Poultry Farms
- Al-Watania
- Amadori
- AO Prioskolie
- Apex Brazil Ltda
- Arab Company For Livestock Development (ACOLID)
- Avara
- Beijing DQY Agriculture Technology Co., Ltd
- Bello Alimentos Ltd
- Bonasa Alimentos
- Cargill Meat Solutions Corp.
- Cherkizovo
- Dalian Hanwei Enterprise Group
- Doyoo Group
- Emirates Modern Poultry Company (Al Rawdah)
- Exceldor
- Foster Farms
- Gap Resurs
- Gruppo Veronesi
- Guangdong Wen's Food Group Co., Ltd
- Hormel Foods Corp
- Industrias Bachoco
- Keskinoglu
- LDC
- Lilydale
- Maple Leaf
- Maple Lodge
- MHP
- Moy Park Ltd
- New Hope Liuhe
- Olymel
- Perdue Farms
- Pif Paf Alimentos
- Plukon Food Group
- PWH Group
- Redondos S.A
- San Fernando
- Sanderson Farms
- Smithfield Foods Inc
- Suguna Foods
- Sunner Development Co
- SYSCO Corp
For more information about this report visit https://www.researchandmarkets.com/r/rtvtm