The Business Research Company published its Poultry Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Poultry market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the poultry market’s segments- by type: chicken, turkey, ducks, others – poultry, by distribution channel: supermarkets/hypermarkets, convenience stores, e-commerce, others, by product type: seasoned, frozen, ready-to-cook, ready-to-eat, others, by nature: organic, conventional.
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Poultry Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global poultry market is expected to grow from $319.3 billion in 2019 to $329.1 billion in 2020 at a compound annual growth rate (CAGR) of 3.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $406.9 billion in 2023.
Poultry processing companies are increasingly using 3D imaging systems to optimize yields. 3D imaging systems model the poultry bird using sensors and actuators to determine the position of cut. The bird is put under the vision system, which takes the images and measurements and geometry is determined. Near-infrared sensors determine the amount of meat and bone present in the bird. Vision analysis enables the system to perform optimal cuts for each bird regardless of the size and shape. It is a data-driven process which maximizes the yield and minimizes per unit cost for poultry meat processing.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Poultry Market Characteristics
4. Poultry Market Product Analysis
5. Poultry Market Supply Chain
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20. Key Mergers And Acquisitions In The Poultry Market
21. Market Background: Meat, Poultry And Seafood Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Poultry Market, 2019, By Region, Value ($ Billion)
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Table 129: Global Poultry Market In 2023- Growth Countries
Table 130: Global Poultry Market In 2023- Growth Segments
Table 131: Global Poultry Market In 2023- Growth Strategies
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