#Poultry Market

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[marketinsight12]

Global Poultry Market Size Worth USD 628510 Million By 2030 | Growth Rate (CAGR) of 7.50%

The Global Poultry Market size was reasonably estimated to be approximately USD 378840 Million in 2023 and is poised to generate revenue over USD 628510 Million by the end of 2030, projecting a CAGR of around 7.50% from 2023 to 2030.

Poultry refers to domesticated birds raised for various purposes, including meat, eggs, and feathers. Chickens, ducks, turkeys, and geese are the most common types of poultry. Poultry farming has a long history and plays a crucial role in the global food industry. Chickens are the most widely raised poultry worldwide, with broilers bred for meat production and layers for egg production.

Broiler chickens are selected to grow quickly and efficiently convert feed into meat, making them a primary source of poultry meat. Layer chickens, on the other hand, are raised in specialized facilities and produce a significant number of eggs throughout their productive lifespan. These eggs are a valuable protein source and are consumed in various forms.

Ducks, turkeys, and geese are also raised for their meat and eggs, although their production levels are generally lower compared to chickens. Duck meat is known for its rich flavor, while turkey meat is popular during festive occasions. Geese are primarily raised for their meat and feathers, which are used in down products.

Leading players involved in the Poultry Market include:

"Tyson Foods Inc. (US), JBS S.A. (Brazil), BRF S.A. (Brazil), Cargill Inc. (US), Wen's Food Group (China), New Hope Group (China), Pilgrim's Pride Corporation (US), Charoen Pokphand Foods PCL (Thailand), Perdue Farms Inc. (US), Sanderson Farms Inc. (US), Koch Foods (US), Industries Bachoco S.A.B. de C.V. (Mexico), Marfrig Global Foods S.A. (Brazil), Guangdong Wens Foodstuff Group Co., Ltd. (China), LDC (Louis Dreyfus Company) (Netherlands), Foster Farms (US), Cremonini Group (Italy), MHP SE (Ukraine), Astral Foods Ltd. (South Africa), Maple Leaf Foods Inc. (Canada) and Other Major Players"

Get Sample Report: -

Updated Version 2023 is available our Sample Report May Includes the:

Scope For 2023

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Market Driver:

One significant market driver for the poultry industry is the increasing awareness and demand for lean protein sources. Poultry meat, especially chicken, is renowned for its high-quality protein content with lower fat levels, making it an attractive choice for health-conscious consumers. As individuals become more conscious of their dietary choices and seek nutritious options, the poultry market stands to benefit from this trend. Additionally, the versatility of poultry products and the ease of preparation further enhance their appeal, driving the market's sustained growth.

Market Opportunity:

A promising market opportunity within the poultry industry lies in the growing trend towards organic and antibiotic-free poultry products. Consumers are becoming more conscious of the quality and origin of their food, leading to a surge in demand for poultry raised without the use of antibiotics or synthetic hormones. Capitalizing on this opportunity requires producers to adopt sustainable and ethical farming practices, providing consumers with a healthier and environmentally friendly alternative. Companies investing in organic and antibiotic-free poultry production can tap into this niche market, appealing to a segment of consumers seeking premium and responsibly sourced poultry products.

The latest research on the Poultry market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Poultry industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Poultry market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Get discount on premium Market Report, Visit:

Segmentation of Poultry Market:

By Type

Chicken

Turkey

Duck

Others

By End-use

Commercial

Household

By Nature

Organic

Seasoned

Frozen

Ready-To-Cook

Ready-To-Eat

By Distribution Channel

Hypermarket

Supermarket

Specialty Store

Online

By Body Part Type

Chest/Breast

Thighs/Legs

Drumsticks

Wings

Others.

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Reasons to Purchase this Market Report:

Market forecast analysis through recent trends and SWOT analysis

Poultry Market Dynamics Scenarios with Market Growth Opportunities over the Next Year

Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts

Poultry Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.

Competitive environment related to the Poultry market share for key players, along with new projects and strategies that players have adopted over the past five years

Purchase This Reports: -

About Us:

We are technocratic market research and consulting company that provides comprehensive and data-driven market insights. We hold the expertise in demand analysis and estimation of multidomain industries with encyclopaedic competitive and landscape analysis. Also, our in-depth macro-economic analysis gives a bird's eye view of a market to our esteemed client. Our team at Pristine Intelligence focuses on result-oriented methodologies which are based on historic and present data to produce authentic foretelling about the industry. Pristine Intelligence's extensive studies help our clients to make righteous decisions that make a positive impact on their business. Our customer-oriented business model firmly follows satisfactory service through which our brand name is recognized in the market.

Contact Us:

Office No 101, Saudamini Commercial Complex,

Right Bhusari Colony,

Kothrud, Pune,

Maharashtra, India - 411038 (+1) 773 382 1049 +91 - 81800 - 96367

Email: sales@pristineintelligence.com

[kirancmi]

Poultry Market Is Estimated To Witness High Growth Owing To Rising Demand For Protein-Rich Food

Poultry refers to domesticated birds raised for their eggs, meat, or feathers. Chicken, turkey, duck, and geese are some common types of poultry that are farmed commercially. Poultry meat is considered a rich source of protein and essential nutrients such as vitamin B3, selenium, phosphorus. It is widely consumed as a meat substitute and its products are used to prepare a variety of cuisines worldwide. The global poultry industry consists of organized commercial farms that practice large-scale contract growing and vertical integration for raising and processing birds. Adoption of advanced genetic practices, use of specialized poultry equipment and automation has helped boost productivity and meet the surging demand for affordable meat protein.

The global poultry Market is estimated to be valued at US$ 15.88 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Rising demand for protein-rich food owing to rapidly growing global population is a key driver propelling growth of the poultry market. Poultry meat satisfies the nutrition requirement of protein and is much more affordable compared to alternative meat sources. According to UN data, global population reached nearly 8 billion in 2023 and is estimated to touch 9.7 billion by 2050, thus fuelling additional demand for poultry and animal protein. Furthermore, ease of poultry farming, short production cycles and higher productivity have encouraged many farmers and food processors to invest in its commercial production and associated infrastructure. This has boosted supply and availability of poultry products across geographies over the recent past. However, these practices also face sustainability challenges associated with high pollution loads, disease outbreaks, and humane treatment of farm animals. Stricter regulatory policies and compliance to environmental standards need to be maintained to ensure long term growth of the industry. SWOT Analysis Strength: - Poultry meat is a good source of high-quality protein and contains essential vitamins and minerals like selenium, phosphorus, vitamins B3 and B6. - The poultry industry provides employment to a large number of people across rural and urban areas of many countries by means of commercial poultry farms. - Countries like the United States and Brazil have developed advanced poultry farming techniques and infrastructure over the years which has helped them become global leaders in poultry production. Weakness: - Outbreaks of deadly bird flu disease can negatively impact poultry farming and trade. Strict biosecurity protocols need to be consistently followed to prevent disease spread. - Fluctuating feed costs significantly impact profit margins for poultry farmers as corn and soybean are key ingredients in poultry feed. Opportunity: - Rising global meat consumption driven by population and income growth in developing nations offers new markets for poultry exporters. - Adapting poultry farming for production of specialty high-value products like pasture-raised, free-range, and organic chicken can fetch higher prices. Threats: - Trade barriers like tariffs can restrict international trade flows of poultry meat and live birds between countries. - Spread of animal welfare activism campaigns against intensive farming practices may impact consumer demand in certain markets. Key Takeaways The global poultry market size is expected to witness high growth over the forecast period between 2023 to 2030 backed by rising global protein demand. The market size in 2024 is projected to reach US$ 15.88 Mn registering a CAGR of 5.6% during the forecast period. Regional analysis: Asia Pacific region currently dominates the global poultry market with largest production and consumption attributed to countries like China, India, and Brazil. China is the largest producer, consumer, and exporter of poultry globally. Meanwhile developed markets in North America and Europe are shifting towards specialty free-range and organic chicken segments. Key players: Key players operating in the poultry market are AstraZeneca, CorMedix, Inc., Citius Pharmaceuticals, Fresenius Medical Care, Glenmark Pharmaceuticals Ltd., Geistlich Pharma, Merck & Co., Inc., Pfizer, TauroPhar GmbH, and Xellia Pharmaceuticals Ltd. The market players are focused on expansion initiatives and implementing advanced farming technologies to further strengthen their presence across regions.

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[writerblogs]

Global Poultry Market Is Estimated To Witness High Growth Owing To Increasing Consumption of Poultry Products and the Rising Demand for Organic and Antibiotic-Free Chicken

The global Poultry Market is estimated to be valued at US$ 284,434.4 million in 2023 and is expected to exhibit a CAGR of 3.53% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

A) Market Overview:

Poultry products, including chicken, turkey, duck, and other bird species, are widely consumed around the world due to their high protein content and versatility in culinary applications. Poultry meat is a preferred choice for health-conscious consumers, as it is lean and low in fat. Additionally, with the rising awareness about the harmful effects of consuming red meat, the demand for poultry products is increasing significantly. Moreover, the trend of organic and antibiotic-free meat is gaining traction, further driving the growth of the poultry market.

B) Market Dynamics:

1. Increasing Consumption of Poultry Products: The consumption of poultry products is steadily rising across the globe due to their nutritional benefits and affordability. Poultry meat provides essential nutrients such as proteins, vitamins, and minerals, making it an integral part of a balanced diet. Additionally, the lower fat content of poultry meat compared to red meat makes it a healthier option for consumers.

2. Rising Demand for Organic and Antibiotic-Free Chicken: Concerns regarding the use of antibiotics in animal farming and its impact on human health have fueled the demand for organic and antibiotic-free chicken. Consumers are willing to pay higher prices for poultry products that are free from antibiotics, hormones, and other additives. This trend is driven by increasing health consciousness and the growing preference for clean and sustainable food options.

C) Market Key Trends:

The key trend witnessed in the global Poultry Market is the rise in online sales and home delivery services. With the increasing penetration of smartphones and internet connectivity, consumers are opting for the convenience of purchasing poultry products online. This trend is further supported by the COVID-19 pandemic, which has led to restrictions on dining out and increased the demand for home-cooked meals. Online platforms and e-commerce giants are offering a wide range of poultry products and door-to-door delivery services, making it easier for consumers to access fresh and high-quality poultry meat.

D) SWOT Analysis:

- Strengths:

1. Increasing awareness about the health benefits of consuming poultry products.

2. Growing demand for organic and antibiotic-free chicken.

- Weaknesses:

1. Adverse impact of bird flu outbreaks on the poultry industry.

2. Rising concerns about animal welfare and ethical concerns related to intensive farming practices.

- Opportunities:

1. Expansion of the poultry market in emerging economies.

2. Technological advancements in poultry farming and processing.

- Threats:

1. Stringent regulations and restrictions on antibiotic use in animal farming.

2. Competition from alternative sources of protein, such as plant-based protein options.

E) Key Takeaways:

- The global poultry market is expected to witness high growth, exhibiting a CAGR of 3.53% over the forecast period, due to increasing consumption of poultry products and the rising demand for organic and antibiotic-free chicken.

- North America is expected to dominate the global poultry market due to the high consumption of chicken and turkey meat in the region.

- Key players operating in the global poultry market 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.

In conclusion, the global poultry market is experiencing significant growth due to factors such as increasing consumption of poultry products, rising demand for organic and antibiotic-free chicken, and the convenience of online sales and home delivery services. However, challenges related to bird flu outbreaks and animal welfare concerns need to be addressed to sustain the growth of the market.

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[naturalremedy2023]

Nurturing Sustainable Poultry Farming

Explore the dynamic world of poultry farming, where the art and science of raising birds for meat and eggs converge. "Feathers to Fork" delves into the intricacies of this vital agricultural practice, showcasing the careful balance between animal welfare, environmental sustainability, and food production. From traditional family farms to modern industrial operations, this exploration covers diverse methods employed in poultry rearing, emphasizing responsible practices that prioritize the well-being of the birds and the planet. Discover the journey from hatchery to harvest, gaining insights into breeding, nutrition, and disease management. Uncover the latest advancements in technology and ethical considerations that shape the future of poultry farming. Whether you're a curious consumer, aspiring farmer, or industry professional, "Feathers to Fork" provides a comprehensive overview of the challenges and innovations driving this essential facet of global agriculture.

[postcard-from-the-past]

Poultry market of Nogent-le-Rotrou, Perche region of France

French vintage postcard, mailed in 1918

[general-george-washington]

They have to make fucking chicken sized medications. "1ml per 150lbs" my chicken weighs 3 pounds.

[globalinsightsservices]

The Poultry Feed Market is experiencing robust growth, driven by the increasing demand for poultry products, including meat and eggs, as well as the rising focus on animal nutrition and welfare. Poultry feed plays a crucial role in ensuring the health, growth, and productivity of poultry birds, and as the global population continues to grow, the demand for high-quality poultry feed is expected to rise. Moreover, advancements in feed formulation and technology are enabling the development of specialized feeds tailored to meet the specific nutritional requirements of different poultry species and production systems.

[me-amaraja]

Poultry Feeding Systems Market Size, Share and Trends by Forecast 2024-2032 | Reed Intelligence "

Poultry Feeding Systems Market Insights

Reed Intelligence has recently added a new report to its vast depository titled Global Poultry Feeding Systems Market. The report studies vital factors about the Global Poultry Feeding Systems Market that are essential to be understood by existing as well as new market players. The report highlights the essential elements such as market share, profitability, production, sales, manufacturing, advertising, technological advancements, key market players, regional segmentation, and many more crucial aspects related to the Poultry Feeding Systems Market.

Get Free Sample Report PDF @ https://reedintelligence.com/market-analysis/global-poultry-feeding-systems-market/request-sample

Poultry Feeding Systems Market Share by Key Players

AGCO Corporation (Cumberland)PLASSON LivestockSALMETVAL-CO IndustriesCTB (Chore-Time)Ziggity SystemsVDL Groep (VDL Agrotech)Dhumal IndustriesSymaga Group (Growket)LUBING Systems

Important factors like strategic developments, government regulations, market analysis, end users, target audience, distribution network, branding, product portfolio, market share, threats and barriers, growth drivers, latest trends in the industry are also mentioned.

Poultry Feeding Systems Market Segmentation

The report on Global Poultry Feeding Systems Market provides detailed segmentation by type, applications, and regions. Each segment provides information about the production and manufacturing during the forecast period of 2024-2032. The application segment highlights the applications and operational processes of the industry. Understanding these segments will help identify the importance of the various factors aiding to the market growth.

The report is segmented as follows:

Segment by Type

Nipple Drinking System

Bell Drinking System

Other

Segment by Application

Private Farms

Commercial Farms

Other

Poultry Feeding Systems Market Segmentation by Region

North America

U.S.

Canada

Europe

Germany

UK

France

Asia Pacific

China

India

Japan

Australia

South Korea

Latin America

Brazil

Middle East & Africa

UAE

Kingdom of Saudi Arabia

South Africa

Get Detailed Segmentation @ https://reedintelligence.com/market-analysis/global-poultry-feeding-systems-market/segmentation

The market research report on the Global Poultry Feeding Systems Market has been carefully curated after studying and observing various factors that determine the growth, such as environmental, economic, social, technological and political status of the regions mentioned. Thorough analysis of the data regarding revenue, production, and manufacturers gives out a clear picture of the global scenario of the Poultry Feeding Systems Market. The data will also help key players and new entrants understand the potential of investments in the Global Poultry Feeding Systems Market.

Key Highlights

It provides valuable insights into the Global Poultry Feeding Systems Market.

Provides information for the years 2024-2032. Important factors related to the market are mentioned.

Technological advancements, government regulations, and recent developments are highlighted.

This report will study advertising and marketing strategies, market trends, and analysis.

Growth analysis and predictions until the year 2032.

Statistical analysis of the key players in the market is highlighted.

Extensively researched market overview.

Buy Poultry Feeding Systems Market Research Report @ https://reedintelligence.com/market-analysis/global-poultry-feeding-systems-market/buy-now

Contact Us:

Email: sales@reedintelligence.com

[farmerstrend]

Dutch Firm De Heus Animal Nutrition: Aiming for 3.5% Market Share in Kenya's Animal Feed Industry

Discover how De Heus Kenya is expanding its market share in the animal feed industry, with a focus on poultry farming and sustainable agricultural practices. Learn about De Heus Animal Nutrition Kenya’s Sh3 billion factory and its plan to boost local sourcing of raw materials for quality animal feed production. Explore De Heus Kenya’s innovative ‘On the Farm’ approach, helping poultry, swine, and…

[marketinsight12]

Global Poultry Market Size Worth USD 628510 Million By 2030 | Growth Rate (CAGR) of 7.50%

The Global Poultry Market size was reasonably estimated to be approximately USD 378840 Million in 2023 and is poised to generate revenue over USD 628510 Million by the end of 2030, projecting a CAGR of around 7.50% from 2023 to 2030.

Poultry refers to domesticated birds raised for various purposes, including meat, eggs, and feathers. Chickens, ducks, turkeys, and geese are the most common types of poultry. Poultry farming has a long history and plays a crucial role in the global food industry. Chickens are the most widely raised poultry worldwide, with broilers bred for meat production and layers for egg production.

Broiler chickens are selected to grow quickly and efficiently convert feed into meat, making them a primary source of poultry meat. Layer chickens, on the other hand, are raised in specialized facilities and produce a significant number of eggs throughout their productive lifespan. These eggs are a valuable protein source and are consumed in various forms.

Ducks, turkeys, and geese are also raised for their meat and eggs, although their production levels are generally lower compared to chickens. Duck meat is known for its rich flavor, while turkey meat is popular during festive occasions. Geese are primarily raised for their meat and feathers, which are used in down products.

Leading players involved in the Poultry Market include:

"Tyson Foods Inc. (US), JBS S.A. (Brazil), BRF S.A. (Brazil), Cargill Inc. (US), Wen's Food Group (China), New Hope Group (China), Pilgrim's Pride Corporation (US), Charoen Pokphand Foods PCL (Thailand), Perdue Farms Inc. (US), Sanderson Farms Inc. (US), Koch Foods (US), Industries Bachoco S.A.B. de C.V. (Mexico), Marfrig Global Foods S.A. (Brazil), Guangdong Wens Foodstuff Group Co., Ltd. (China), LDC (Louis Dreyfus Company) (Netherlands), Foster Farms (US), Cremonini Group (Italy), MHP SE (Ukraine), Astral Foods Ltd. (South Africa), Maple Leaf Foods Inc. (Canada) and Other Major Players"

Get Sample Report: -

https://pristineintelligence.com/request-sample/global-poultry-market-37

Updated Version 2023 is available our Sample Report May Includes the:

Scope For 2023

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Market Driver:

One significant market driver for the poultry industry is the increasing awareness and demand for lean protein sources. Poultry meat, especially chicken, is renowned for its high-quality protein content with lower fat levels, making it an attractive choice for health-conscious consumers. As individuals become more conscious of their dietary choices and seek nutritious options, the poultry market stands to benefit from this trend. Additionally, the versatility of poultry products and the ease of preparation further enhance their appeal, driving the market's sustained growth.

Market Opportunity:

A promising market opportunity within the poultry industry lies in the growing trend towards organic and antibiotic-free poultry products. Consumers are becoming more conscious of the quality and origin of their food, leading to a surge in demand for poultry raised without the use of antibiotics or synthetic hormones. Capitalizing on this opportunity requires producers to adopt sustainable and ethical farming practices, providing consumers with a healthier and environmentally friendly alternative. Companies investing in organic and antibiotic-free poultry production can tap into this niche market, appealing to a segment of consumers seeking premium and responsibly sourced poultry products.

The latest research on the Poultry market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Poultry industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Poultry market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Get discount on premium Market Report, Visit:

Segmentation of Poultry Market:

By Type

Chicken

Turkey

Duck

Others

By End-use

Commercial

Household

By Nature

Organic

Seasoned

Frozen

Ready-To-Cook

Ready-To-Eat

By Distribution Channel

Hypermarket

Supermarket

Specialty Store

Online

By Body Part Type

Chest/Breast

Thighs/Legs

Drumsticks

Wings

Others.

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Reasons to Purchase this Market Report:

Market forecast analysis through recent trends and SWOT analysis

Poultry Market Dynamics Scenarios with Market Growth Opportunities over the Next Year

Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts

Poultry Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.

Competitive environment related to the Poultry market share for key players, along with new projects and strategies that players have adopted over the past five years

Purchase This Reports: -

https://pristineintelligence.com/buy-now/37

About Us:

We are technocratic market research and consulting company that provides comprehensive and data-driven market insights. We hold the expertise in demand analysis and estimation of multidomain industries with encyclopaedic competitive and landscape analysis. Also, our in-depth macro-economic analysis gives a bird's eye view of a market to our esteemed client. Our team at Pristine Intelligence focuses on result-oriented methodologies which are based on historic and present data to produce authentic foretelling about the industry. Pristine Intelligence's extensive studies help our clients to make righteous decisions that make a positive impact on their business. Our customer-oriented business model firmly follows satisfactory service through which our brand name is recognized in the market.

Contact Us:

Office No 101, Saudamini Commercial Complex,

Right Bhusari Colony,

Kothrud, Pune,

Maharashtra, India - 411038 (+1) 773 382 1049 +91 - 81800 - 96367

Email: sales@pristineintelligence.com

[foodandbeverages]

Poultry Feed Market Size 2023 Global Industry Share, Top Players, Opportunities And Forecast To 2033

The poultry feed market is expected to increase from US$ 216.5 billion in 2023 to US$ 365.6 billion by 2033.

Increased Use of Online Food Delivery Channels is Contributing to the Growth of the Poultry Business

Farmers feed poultry birds such as ducks, turkeys, chickens, geese, and other domestic birds with poultry feed. Modern feed is created by carefully selecting and combining ingredients to provide a high nutritional diet that maintains the health of poultry birds while also boosting the quality of end products such as meat and eggs. The primary ingredients required by poultry birds for development, reproduction, maintenance, and health include minerals, vitamins, carbohydrates, proteins, and water.

Protein is a vital source of energy for chicken birds, particularly when carbohydrate and fat intake is low. The lack of anti-nutritional substances such as phytic acid, as well as the effect of unrestricted feed intake on the digestive tract of poultry birds, are driving up demand for poultry feed.

The rise in the global population is a critical factor that is likely to fuel the growth of the global poultry feed market. Furthermore, due to their low cost and a movement in customer taste towards white meat rather than red meat, consumption of poultry-based products has expanded dramatically around the world.

Improved awareness of protein intake in daily diet is an important factor in growing global per capita meat consumption. Additionally, rapid economic growth in the Asia Pacific and the Middle East and Africa countries has increased meat production and consumption in these regions, propelling market growth.

The fundamental driver of the poultry feed industry is an increase in demand for poultry meat products. Additional factors driving market growth include increasing industrial livestock production and growing demand for organic feed.

Population and income have a considerable impact on poultry product demand. Packaged poultry feed is expected to evolve more quickly than traditional chicken feed, offering new opportunities for industry participants.

Feed product quality and cost have emerged as two of the most important elements in this market, and suppliers are playing an essential role in the poultry feed business. To keep prices under control, chicken feed businesses are anticipated to increase their involvement in raw material production, which is expected to change market buying processes.

Information Source: https://www.futuremarketinsights.com/reports/poultry-feed-market

Key Points from the Poultry Feed Market

The requirement for nutritional feed to avoid poultry diseases, as well as farmers’ embrace of poultry farming as a source of income, is likely to drive the poultry feed market during the forecast period.

The poultry feed market is expected to capture a CAGR of 5.4% during the forecast period 2023 to 2033.

Asia Pacific dominated the poultry feed market.

Key Developments in the Poultry Feed Market

In March 2019, DuPont de Nemours and Company introduced the chicken feed supplement SYNCRA to improve nutrient digestibility in poultry production.

In September 2018, DSM N.V. and Novozymes released BALANCIUS, a feed enzyme that improves feed efficiency and digestibility in broilers while simultaneously increasing long-term product yield.

In October 2019, Cargill developed a feeding intelligence platform that provides farmers with materials on the most recent intelligent animal production techniques, intending to assist farmers in navigating and improving their operations across all species, including poultry animals.

In May 2018, Farmers introduced APOLLO, a new broiler feed brand, to broiler producers in the United Kingdom and Northwest Europe. The new feed line was designed to help modern broiler birds grow and stay healthy.

Poultry Feed Market by Key Segment

By Livestock:

Layers

Broilers

Turkeys

By Nature:

Conventional

Organic

By Feed Type:

Corn

Wheat

Barley

By Form:

Granules

Pellets

Powder

By Regional:

North America

Europe

Asia Pacific

Central & South America

The Middle East & Africa

[papaak01]

Get Daily Poultry Rates Across India via SMS

stay updated with daily poultry rates across India by SMS. Ensure timely decisions with our reliable price alerts.\

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