Poultry Meat Market Research Report 2024

1. Downloaded from: justpaste.it/3k8jx Poultry Meat Market Forecast, News and Application 2024 The poultry meat market size has the potential to grow by USD 56.98 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Get FREE Sample of the Report: https://www.technavio.com/talk-to-us? report=IRTNTR44756&type=sample&src=report This report provides a detailed analysis of the market by product (chicken meat, turkey meat, duck meat, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including BRF SA, Cargill Inc., Cranswick Plc, Halperns, Hormel Foods Corp., JBS SA, NH Foods Ltd., Sysco Corp., Tyson Foods Inc., and WH Group Ltd. Market Competitive Analysis The poultry meat market is fragmented by the presence of numerous small and large vendors. Vendors in the market compete based on factors such as price, quality, innovation, service, reputation, distribution, and promotion. They distinguish their products and service offerings through clear and unique value propositions to survive the competition. BRF SA, Cargill Inc., and Cranswick Plc are some of the major market participants. Although the increasing import and export of poultry meat will offer immense growth opportunities, the increasing popularity of vegan diet among consumers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. To help clients improve their market position, this poultry meat market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this poultry meat market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Poultry Meat Market: Key Drivers and Trends The demand for clean meat developed in labs using cell technologies is growing. Clean meat is produced without animal slaughter. JUST Inc. (JUST), a San Francisco-based company is developing clean meat from cells grown outside an animal in a plant-based growth medium. Similarly, Good Food Institute (GFI) is working on meat grown in labs from animal tissues. Memphis Meats also launched chicken and duck meat produced from poultry cells without animal slaughter. These initiatives for developing clean meat products are identified as a critical poultry meat market trend positively influencing the growth of the market.

2. The global poultry market has witnessed a significant rise in the import and export of poultry meat in the last few years. The chicken meat imports in countries such as Japan, Mexico, he Philippines, Iraq, Saudi Arabia, China, and the European Union (EU) has increased because of the rising chicken meat consumption in these countries. The export of chicken meat from Brazil, Ukraine, Thailand, and the US has also risen rapidly. This rising import and export of poultry meat will be a significant factor responsible for the growth of the poultry meat market size at a CAGR of over 3% during the forecast period. Poultry Meat Market: Key Highlights of the Report for 2020-2024 CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will drive poultry meat market growth during the next five years Precise estimation of the poultry meat market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the poultry meat industry across APAC, Europe, MEA, North America, and South America A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of poultry meat market vendors