U.S. - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChile Emerges as a Major Poultry Supplier to the US
IndexBox has just published a new report "U.S. Poultry Market. Analysis And Forecast to 2025". Here is a summary of the report's key findings.
Poultry Consumption Indicated an Upward Trend Pattern
From 2008 to 2016, the U.S. poultry market showed an upward trend, amounting to $X in 2016. From 2008 to 2016, the market expanded with an annual average growth rate of+X%. In physical terms, the market reached X tons.
Consumption is Projected to Reach X Tons by the End of 2025
For many years now,a steady, upward trend has remained typical in terms of the consumption of poultry meat; it is projected that this positive trend is set to continue in the medium term. Poultry is relatively easy to prepare and cook; it is used in many of the ready-meals and processed foods currently available and it is also relatively cheap and easy to assimilate or digest in comparison with other meat-based products. As the population increases, therefore, in tandem with people's concerns about maintaining a healthy diet and the ever increasing pace of daily life, poultry consumption will expand. Market performance is expected to increase over the next nine years from 2016 to 2025, which is then expected to lead the market volume to X tons by the end of 2025.
Poultry Production Increased by X% from the Outset Level
U.S. poultry manufacturing illustrated a positive dynamic over the last few years. In 2016, the value of shipments in the industry reached $X, rising with a CAGR of +X% from 2008 to 2016. It finally increased by X% over the last eight years. In physical terms, production increased, after experiencing a slight X% decline in 2009.
Chicken Was the Most Popular in Terms of Production
Chicken meat accounted for the highest share (X%, based on tons) of U.S poultry manufacturing in 2016, followed by turkey meat (X%); the remaining X% of production was occupied by duck meat. The most notable rates of growth in U.S. poultry manufacturing from 2008 to 2016 were attained by chicken meat (+X% per year) and duck meat (+X%), while turkey meat experienced negative paces of growth.
The USA Saw Its Position Weaken as a Global Supplier of Poultry
The share of imports in consumption did not exceed X%, and it is not likely to increase significantly. Local producers in the USA are almost able to fully satiate domestic demand: the country's poultry industry has a stable, solid foundation and the industry boasts a number of market competitors. Due to a low trade intensity, imports should not be regarded as strong factors influencing U.S. market dynamics in the medium term.
The share of exports in poultry production in the U.S. fell from X% in 2008 to X% in 2016, due to the suspension of supplies in 2015 to the two major export destinations, namely China and Russia. This significantly weakened the USA's position as a key poultry supplier to the global market - the share of the U.S. in terms of global exports contracted from X% in 2008 to X% in 2016.
U.S. Poultry Exports Have as Yet Failed to Regain Their Strength, Following the Ban Imposed by Russia and China in 2015
The U.S. exported $X of poultry in 2016, which accounted for X% of U.S. poultry output. The country boasts a well-developed poultry industry, which is fully capable not only of meeting domestic demand,but also to send abroad large volumes of its produce, thereby standing out as the second largest poultry exporter in the world, after Brazil.
U.S. poultry exports dropped dramatically in 2015, falling by X% y-o-y, and then stabilizing at this level in 2016. This slump was caused by a ban on American poultry imports introduced by Russia and China, previously key export destinations. The Chinese ban was motivated by bird diseases found in American poultry, while the Russian ban was implemented as a counteraction to sanctions forced by the U.S.against Russia due to geopolitical tensions.
Whatever the case, these bans have had a strong impact on the market. Russia and China stopped poultry imports from the U.S., thereby forcing U.S. suppliers to find alternative markets. Mexico (X tons), Hong Kong (China SAR) (X tons), Cuba (X tons), Canada (X K tons) and Angola (X tons) were the main destinations for U.S. poultry exports in 2016, together comprising X% of U.S. exports. From 2007 to 2016, Hong Kong (+X% per year) and Mexico (+X% per year) became the fastest growing destinations.
Chile Emerged as a Major Poultry Supplier to The US; However, Imports Remain Negligible
The value of total U.S. poultry imports totalled $X in 2016, expanding at an average annual rate of +X the period under review. However, the share of imports in consumption did not exceed even X%, and it is not likely to increase significantly.Since the U.S. poultry market is buoyed by strong domestic production,imports should not be regarded as strong factors influencing U.S. market dynamics in the medium term.
Canada (X% of total imports in 2016, based on USD) and Chile (X%) were the main suppliers of poultry into the U.S. Chile was the fastest growing supplier - the volume of imports from Chile increased more than tenfold in physical terms from 2007 to 2016 and skyrocketed from X USD to X USD over the same period. However, these figures still remain negligible against the overall market scale. Cuts and edible offal of chicken, frozen ($X the largest share of X% (in value terms) of total imports in 2016, increasing with a CAGR of +X% from 2007 to 2016. It was followed by the category cuts and edible offal of turkey, frozen ($X), which accounted for X% of total imports. Do you want to know more about the U.S. poultry market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- poultry market share
- poultry prices
- poultry industry
- poultry sales
- poultry import
- poultry export
- poultry market forecast
- poultry price forecast
- key poultry producers
This report provides an in-depth analysis of the poultry market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024