Poultry refers to domesticated birds that are raised for meat, eggs, and other products. The most consumed poultry species include chickens, turkeys, ducks, and geese.
Chicken is the most widely consumed poultry in the world, and accounts for a significant portion of global meat production. Poultry meat is known for its high protein content and low-fat content, making it a popular choice for health-conscious consumers.
In addition to meat production, poultry is also used for egg production. Chicken eggs are the most widely consumed eggs in the world and are used in a wide variety of dishes and food products.
Poultry farming is a significant industry in many countries around the world, with a range of production systems used to raise birds. These include traditional free-range systems, as well as more modern intensive farming systems that utilize advanced technologies to maximize productivity.
While poultry is a popular and relatively affordable source of protein, there are also concerns about the welfare of birds raised in intensive farming systems, as well as the environmental impacts of large-scale poultry production. As a result, there is growing interest in more sustainable and humane poultry production methods, such as free-range and organic farming.
The market scope for poultry is significant, with global demand for poultry products continuing to grow. According to a report by Mordor Intelligence, the global poultry market was valued at $267.6 billion in 2020, and is projected to reach $350.3 billion by 2026, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period.
The growth of the global poultry market is driven by a range of factors, including increasing demand for poultry products due to their affordability, nutritional value, and versatility in cooking, as well as the growth of the fast food industry and rising disposable incomes in emerging economies.
The Asia-Pacific region is the largest market for poultry products, accounting for around 40% of global poultry consumption. Other major markets include Europe, North America, and Latin America.
In addition to meat and egg production, the market for poultry products also includes a range of processed and value-added products, such as chicken nuggets, sausages, and ready-to-eat meals.
The market for poultry products is highly competitive, with a large number of players operating in the industry. Some of the major companies involved in the production and processing of poultry products include Tyson Foods, JBS S.A., Cargill, Pilgrim's Pride, and Sanderson Farms.
The major players in the Market for Poultry are as follows:
1. Tyson Foods
2. JBS S.A.
3. Cargill
4. Pilgrim's Pride
5. Sanderson Farms
6. BRF S.A.
7. Perdue Farms
8. Koch Foods
9. Foster Farms
10. Marfrig Global Foods
Commercial production of Poultry involves the following steps:
1. Breeding: Poultry breeding involves the selection of parent birds with desirable traits, such as high growth rates, meat quality, or egg production. Breeding can be done naturally or through artificial insemination.
2. Hatching: Eggs are incubated in hatcheries, where they are kept in controlled conditions until they hatch into chicks.
3. Raising: Chicks are raised in specialized housing facilities, where they are provided with food and water, as well as medication to prevent and treat diseases.
4. Processing: Birds are processed for meat production at specialized facilities, where they are slaughtered, cleaned, and packaged for sale. Eggs are collected and sorted by size and grade and may be further processed for sale as liquid or dried egg products.
The commercial production of poultry is a significant industry in many countries around the world, with the largest producers including the United States, China, Brazil, and Russia.
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