The poultry market includes products obtained from the domesticated birds such as chicken, turkey, duck and geese. Poultry products such as eggs and meat are a vital source of essential nutrients. They are high in protein, minerals like phosphorus, calcium and vitamins like vitamins B6 and B12. The health benefits associated with poultry consumption are driving its demand. Furthermore, poultry products including chicken and eggs are affordably priced, making them accessible to wider population segments. Growing population and changing dietary preferences towards protein-rich foods are increasing the consumption of poultry worldwide.

The global poultry market is estimated to be valued at US$ 320 billion in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the poultry market are Tyson Foods, JBS S.A., BRF S.A, Industrias Bachoco and Sanderson Farms.

The Poultry Market Trends offers lucrative opportunities for players in the areas of value-added and processed poultry products. Emerging economies with growing incomes are expected to drive the demand for high quality poultry items.

Global players are expanding to new geographies to tap into the increasing demand from Asia Pacific and Middle East & Africa. Domestic players in these regions are also consolidating and modernizing their operations to cater to the rising appetite for poultry.

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