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Poultry Market-Opportunities and Strategies-Global Forecast to 2030
The Business Research Company’s Poultry Market-Opportunities and Strategies-Global Forecast to 2030
London, Greater London, United Kingdom, December 6, 2021/EINPresswire.com/-Technological advancements are expected to drive the development of the poultry market during the forecast period. New practices include the use of wireless technology, GPS positioning and lasers to track meat production and packaging. Meat production and packaging companies are also expected to integrate big data analysis, Internet of Things, robotics and other technologies into their production and packaging practices. These technological developments are expected to drive the poultry market forward.
The global poultry market is expected to grow from USD 319.2 billion in 2019 to USD 405 billion in 2023, with a compound annual growth rate (CAGR) of 6.1%. It is estimated that by 2025, the market will grow to nearly 465.7 billion US dollars at a compound annual growth rate of 7.2%, and will grow to 645.7 billion US dollars at a compound annual growth rate of 6.8% by 2030.
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Poultry processing companies are increasingly using 3D imaging systems to optimize production. The 3D imaging system uses sensors and actuators to model poultry to determine where to cut. The bird is placed under a vision system, which takes images and measurements, and determines geometric shapes. Near-infrared sensors determine the amount of meat and bones present in poultry. Regardless of size and shape, visual analysis enables the system to optimally cut each poultry. This is a data-driven process that maximizes yield and minimizes the unit cost of poultry processing.
The major players in the global poultry industry are Tyson Foods, Inc., JBS SA, BRF SA, Koch Foods, Charoen Pokphand Foods.
Read more about the global poultry market report: https://www.thebusinessresearchcompany.com/report/poultry-market
The poultry market is sold by entities (organizations, self-employed, and partnerships), such as meat processors and poultry farms that breed and/or raise poultry on their own premises or through third parties and sell meat after slaughter. Engaged in the preparation of processed poultry and its by-products. Poultry includes birds and white meat such as chickens, ducks, geese, rabbits, small game and turkeys. In most countries, poultry processing is fully or semi-automated. Companies in this industry package and distribute meat and meat products to individual customers and commercial establishments such as hotels and restaurants through various distribution channels.
The demand for ready-to-eat food including poultry food has increased, which has become an emerging trend in the poultry market. The busy lifestyle keeps people away from cooking; therefore, many of them rely on ready-to-eat food because it saves time and energy. Instant foods include frozen foods, canned foods, instant snacks, meals, refrigerated foods, etc.
The poultry market is divided into chicken, turkey, duck and goose; supermarkets/hypermarkets, convenience stores, catering service stores, e-commerce, etc.; fresh/refrigerated, frozen, ready-to-eat, ready-to-eat, and others; organic and traditional.
Poultry Market-Opportunities and Strategies-The global forecast to 2030 is one of a series of new reports from The Business Research Company. The report provides an overview of the poultry market, forecasts the size of the poultry market and the overall market, poultry market segmentation, and geography, poultry market Trends, poultry market drivers, constraints, revenue, profile and market share of leading competitors.
Request a sample of the global poultry market report: https://www.thebusinessresearchcompany.com/sample.aspx?id=3362&type=smp
The following is a list of similar reports from commercial research companies: 2021 Poultry Brooders, Feeders and Drinkers Global Market Report-by product type (brooders, feeders, drinkers), by operation (automatic, manual, semi-automatic), by Poultry (chicken, Turkey, duck), COVID-19 impact and recovery (https://www.thebusinessresearchcompany.com/report/poultry-brooders-feeders-and-waterers-global-market-report)
2021 Organic Poultry Global Market Report-By product type (eggs, meat products), by processing type (fresh, frozen, processed), by end user (household, food service), by distribution channel (supermarket, specialty store, online sales) ), COVID-19 growth and changes (https://www.thebusinessresearchcompany.com/report/organic-poultry-market-global-report-2020-30-covid-19-growth-and-change)
2021 Meat, Poultry and Seafood Global Market Report-by type (meat products, poultry, seafood), by distribution channel (supermarket/hypermarket, convenience store, e-commerce), by nature (organic, conventional), COVID-19 Impact and recovery (https://www.thebusinessresearchcompany.com/report/meat-poultry-and-seafood-global-market-report-2020-30-covid-19-impact-and-recovery)
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