Poultry Market Report, by Species Type (Chicken, Turkey, Duck, Geese, and Others), by Distribution Channel (Hypermarkets, Supermarkets, Online Channels, Specialty Stores, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Poultry are domesticated birds raised for meat, eggs, and feathers. Popular birds of poultry include chickens, turkeys, ducks, geese, guinea flow, and squabs. Poultry market is expected to witness significant growth over the forecast period, owing to increasing population. For instance, according to the World Bank, global population is 7.7 billion as of October 2019 and is projected to reach 9.7 billion by the end of 2050.
Poultry meat is the most preferred meat among beef, pork, and other red meat, and is comparatively less expensive. This is expected to boost growth of the global poultry market over the forecast period. Furthermore, increasing income disposable income of the populace coupled with changing preferences among people is expected to increase demand for poultry items such as eggs and meat.
Market Dynamics
Based on distribution channel, in 2021 specialty stores accounted for the largest market share in terms of revenue and contributed for 36.7% in the global poultry market. Specialty stores offers specific products according to the type of store. People prefer buying poultry products through specialty stores as it is considered to offer fresh products. This is expected to increase demand for poultry from specialty stores over the forecast period.
Among regions, in 2021, Asia Pacific held dominant position in the global poultry market and accounted for a revenue share of 27.3%. Asia Pacific holds a larger share of global population. For instance, according to the United Nations Population Fund (Asia and the Pacific), Asia Pacific region is home for 60% of the global population accounting for 4.3 billion people, where India and China are the most populous countries in the region. Therefore, increasing population in the region is expected to increase demand for poultry products, which is further expected to drive regional poultry market growth over the forecast period.
Key features of the study:
This report provides in-depth analysis of global poultry market and provides market size (US$ Mn & ‘000 Tons) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global poultry market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study 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
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology upgradation, market expansion, and marketing tactics
The global poultry market report caters to various stakeholders in this industry including investors, suppliers, producers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global poultry market
Detailed Segmentation:
Global Poultry Market, By Species Type:
Chicken
Turkey
Duck
Geese
Others
Global Poultry Market, By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Global Poultry Market, By Region:
North America
U.S.
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Canada
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Latin America
Brazil
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Argentina
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Mexico
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Rest of Latin America
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Europe
U.K.
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Germany
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
France
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Italy
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Spain
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Russia
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Rest of Europe
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Asia Pacific
China
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
India
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Japan
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
ASEAN
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
South Korea
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Australia
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Rest of Asia Pacific
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Middle East
GCC
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Israel
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Rest of Middle East
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Africa
North Africa
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Central Africa
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
South Africa
By Species Type:
Chicken
Turkey
Duck
Geese
Others
By Distribution Channel:
Hypermarkets
Supermarkets
Online Channels
Specialty Stores
Others
Company Profiles
Tyson Foods, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
JBS S.A.
Pilgrim's Pride Corporation
Wens Foodstuff Group Co. Ltd.
BRF S.A.
Perdue Farms
Sanderson Farms
Baiada Poultry
Bates Turkey Farm
Amrit Group
“*” marked represents similar segmentation in other categories in the respective section.
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