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Global Poultry Market Research Report 2023-2027: Poultry Processing Companies, such as Gainco and Midwest Machine, Increasingly Using 3D Imaging Systems to Optimise Yields - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Poultry Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

Where is the largest and fastest growing market for poultry? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The global poultry market grew from $352.02 billion in 2022 to $378.84 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The market is expected to grow to $487.39 billion in 2027 at a CAGR of 6.5%.

  • Asia-Pacific was the largest region in the poultry market in 2022. Western Europe was the second-largest region in the poultry market.
  • Poultry manufacturing growth is aided by stable economic growth forecasted in many developed and developing countries.

Poultry processing companies are increasingly using 3D imaging systems to optimise 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 maximises the yield and minimises 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.

Reasons to Purchase the Report

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

A selection of companies mentioned in this report includes:

  • 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
  • Bell AG

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

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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