The Poultry Global Market Report 2020-30 by The Business Research Company describes and explains the global poultry market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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Trends in the market include:
The demand for ready-to-eat food that also
includes poultry foods increased, thus resulting as an emerging trend in the
poultry market. Busy lifestyles are keeping people away from cooking meals;
therefore, many of them are dependent on ready-to-eat foods as it saves time
and energy. Ready-to-eat meals are available as frozen foods, canned foods,
ready-to-eat snacks, meals, chilled foods and more. For instance, according to
a research from IGD, a research and training charity in food and consumer goods
industry of UK, predicted that UK’s food-to-go sector that includes convenience
and ready-to-eat foods, is expected to reach £23.4 billion ($30.08 billion) by
2024.iv
Use of 3D Imaging Systems-
Poultry processing companies are
increasingly using 3D imaging systems to optimize yields. 3D imaging systems
model the poultry bird using sensors and actuators to determine the position of
cut. The bird is put under the vision system, which takes the images and
measurements and 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 the size and shape. It is a
data-driven process which maximizes the yield and minimizes 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. In July 2020, KFC announced to introduce new laboratory-produced 3D
printing chicken nuggets. v vi
The market is segmented:
By Type Of Animal-
a. Chicken
b. Turkey
c. Ducks and Geese
d. Others
By Distribution Channel –
a. Supermarkets/Hypermarkets
b. Convenience Stores
c. Foodservice Stores
d. E-commerce
e. Others
Product Type –
a .
Fresh/Chilled
b.
Frozen
c.
Ready-To-Cook
d. Ready-To-Eat
e. Others
By Nature -
a. Organic
b. Conventional
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