Market Overview:
The global poultry processing meat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for processed meat products, increasing disposable income, and growing awareness about the benefits of consuming poultry meat. The chicken segment is expected to dominate the global poultry processing meat market during the forecast period, owing to its high demand from restaurants and food manufacturers. The turkey segment is projected to grow at a higher CAGR than other segments during the forecast period, due to its increasing popularity as a healthy alternative to chicken and beef. In terms of region, North America is estimated to account for the largest share of the global poultry processing meat market in 2018. This can be attributed primarilytothe high consumption of processed meats in this region coupled with rising disposable income levels among consumers.
Product Definition:
Poultry processing meat is a term used to describe the meat that is derived from poultry. Poultry processing meat can be used in a variety of different dishes, and it is considered to be a high-quality protein source.
Chicken Meat:
The global chicken meat production is expected to witness significant growth over the forecast period. The primary factor responsible for this growth is increasing population in developing countries including India, China, and Brazil.
According to the Food and Agriculture Organization (FAO) of the United Nations (UN), India accounts for more than one-third of the world’s poultry consumption followed by China with 28% share.
Turkey Meat:
Turkey meat is a red meat obtained from the domesticated turkey. Turkey is one of the most consumed poultry products in Turkey. It has been estimated that more than 90% of turkeys are processed before they are consumed and only 10% to 15% of them reach the retail market as fresh turkeys.
The primary reason for this high processing rate is to cater to the rapidly growing demand for frozen processed foods across various regions including Europe, North America, and Asia Pacific etc.
Application Insights:
The restaurants segment held the largest share of more than 60.0% in 2017. The meat processed from poultry is highly popular among all the food categories including fast foods, casual dining restaurants and fine dines as it is easy to prepare and delicious to taste. Most of the chefs prefer to use fresh raw materials while preparing their dishes which results in high demand for poultry meat across all types of restaurants globally.
Food manufacturers are anticipated to be one of the fastest-growing application segments over the forecast period owing to increasing product utilization by companies for manufacturing products such as nuggets, strips, chunks etcetera for direct consumption by consumers or further processing into pet food ingredients.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly half of global poultry meat production and has a strong presence of fast-food restaurants, which have increased demand for processed poultry products. China is one of the largest consumers as well as producers in this region owing to easy access to resources (land and feed) coupled with high population growth rate.
The Middle East & Africa accounted for more than 10% share in 2017 owing to increasing consumption by individuals, hotels, restaurants, food chains and food processing units on account of rising disposable income levels coupled with growing urbanization trends across countries such as Saudi Arabia, UAE & Egypt among others.
Growth Factors:
- Increasing demand for poultry meat from the developing countries owing to changing dietary habits and rising income levels.
- Growing population and increasing per capita consumption of poultry meat in the developed countries.
- Rising demand for organic and free-range poultry products due to health concerns among consumers.
- Technological advancements in the field of poultry processing that improve yield, quality, and safety of meat products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Poultry Processing Meat Market Research Report
By Type
Chicken Meat, Turkey Meat, Other
By Application
Restaurants, Food Manufacturers, Retail
By Companies
JBS S.A., Tyson Foods, BRF, New Hope Group, Wen’s Food Group, Charoen Pokphand Group, Perdue Farms, Koch Foods, Bachoco, Sanderson Farms
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Poultry Processing Meat Market Report Segments:
The global Poultry Processing Meat market is segmented on the basis of:
Types
Chicken Meat, Turkey Meat, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurants, Food Manufacturers, Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JBS S.A.
- Tyson Foods
- BRF
- New Hope Group
- Wen’s Food Group
- Charoen Pokphand Group
- Perdue Farms
- Koch Foods
- Bachoco
- Sanderson Farms
Highlights of The Poultry Processing Meat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chicken Meat
- Turkey Meat
- Other
- By Application:
- Restaurants
- Food Manufacturers
- Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Poultry Processing Meat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Poultry processing meat is meat that has been cut from a poultry carcass.
Some of the key players operating in the poultry processing meat market are JBS S.A., Tyson Foods, BRF, New Hope Group, Wen’s Food Group, Charoen Pokphand Group, Perdue Farms, Koch Foods, Bachoco, Sanderson Farms.
The poultry processing meat market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Poultry Processing Meat Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Poultry Processing Meat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Poultry Processing Meat Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Poultry Processing Meat Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Poultry Processing Meat Market Size & Forecast, 2020-2028
4.5.1 Poultry Processing Meat Market Size and Y-o-Y Growth
4.5.2 Poultry Processing Meat Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Chicken Meat
5.2.2 Turkey Meat
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Restaurants
6.2.2 Food Manufacturers
6.2.3 Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Poultry Processing Meat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Poultry Processing Meat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Chicken Meat
9.6.2 Turkey Meat
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Restaurants
9.10.2 Food Manufacturers
9.10.3 Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Chicken Meat
10.6.2 Turkey Meat
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Restaurants
10.10.2 Food Manufacturers
10.10.3 Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Chicken Meat
11.6.2 Turkey Meat
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Restaurants
11.10.2 Food Manufacturers
11.10.3 Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Chicken Meat
12.6.2 Turkey Meat
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Restaurants
12.10.2 Food Manufacturers
12.10.3 Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Chicken Meat
13.6.2 Turkey Meat
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Restaurants
13.10.2 Food Manufacturers
13.10.3 Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Poultry Processing Meat Market: Competitive Dashboard
14.2 Global Poultry Processing Meat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JBS S.A.
14.3.2 Tyson Foods
14.3.3 BRF
14.3.4 New Hope Group
14.3.5 Wen’s Food Group
14.3.6 Charoen Pokphand Group
14.3.7 Perdue Farms
14.3.8 Koch Foods
14.3.9 Bachoco
14.3.10 Sanderson Farms
