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World - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

World - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights

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Jan 12, 2023

Global Chicken Market to Reach $262B by 2030 Driven by Growing Demand in Emerging Economies

Global chicken meat market outlook

The global chicken meat market is projected to reach $262 billion by 2030, growing at a CAGR of 3.4%. Population growth is a key driver of demand for chicken meat, as it increases the number of potential customers for chicken products.

Chicken is the most widely consumed poultry meat, with per capita consumption levels reaching more than 20 kg in some countries. The growing popularity of chicken meat is driven by its affordability, convenience, and health benefits. The rise in per capita incomes and urbanization rates across emerging markets are also expected to drive further growth in the global chicken meat market over the forecast period.

Chicken meat is a good source of high-quality protein and essential nutrients such as iron and zinc. It is also lower in saturated fats than other meats such as beef and pork. These factors make chicken an attractive option for health-conscious consumers. In addition, chicken can be cooked in a variety of ways, making it a versatile ingredient for both home cooks and professional chefs alike.

Some of the key players operating in the global chicken meat market are Tyson Foods Inc., BRF SA, Pilgrim's Pride Corporation, Perdue Farms Inc., Sanderson Farms Inc., Foster Farms Inc., Hain Celestial Group Inc., COFCO Corporation Ltd., Cargill Incorporated, and Maple Leaf Foods Inc.

Changing consumer preferences

There has been a shift in dietary habits in recent years, with more and more people choosing to consume chicken meat. This is likely due to a number of factors, including the perceived health benefits of chicken meat and the increasing availability of chicken products.

Chicken meat is a good source of protein and can be a healthy option for those looking to reduce their red meat intake. It is also relatively low in saturated fat and cholesterol. These health benefits, coupled with the growing popularity of chicken dishes in restaurants and cafes, have made chicken meat an increasingly popular choice for consumers.

The poultry industry has responded to this demand by increasing production levels and investing in marketing campaigns that promote chicken as a healthy, delicious and versatile food option. This has helped to make chicken one of the most consumed meats in the world.

Chicken meat market challenges

Poultry diseases are a major concern for the poultry industry. There are a variety of diseases that can affect poultry, and each disease has the potential to cause significant economic losses. Poultry producers must be vigilant in monitoring their flocks for signs of disease, and they must take swift action to prevent the spread of disease.

One of the most common poultry diseases is avian influenza, which is a highly contagious virus that can cause severe respiratory illness in birds. Avian influenza can be devastating to a poultry flock, and it can also pose a serious threat to human health. Another common poultry disease is Newcastle disease, which is a viral disease that primarily affects chickens. Newcastle disease can lead to high mortality rates in affected flocks, and it can also cause severe economic losses for poultry producers.

The cost of chicken feed can be volatile, due to factors such as droughts and weather-related disruptions to crops. This can impact the profitability of chicken producers and lead to higher prices for consumers.

Moreover, with the cost of corn and soybeans fluctuating, chicken producers have had to adjust their prices accordingly. In order to offset the volatility of feed prices, some chicken producers have begun hedging their bets by contracting with farmers for a set price for corn and soybeans. This allows them to lock in a certain price for feed, and avoid having to raise chicken prices when feed costs go up. However, this strategy is not without its risks, as it can leave producers exposed if feed prices drop unexpectedly.

High inflation can have a significant impact on the global chicken meat market. In terms of inflation, chicken meat prices are highly sensitive to changes in the cost of feed. For example, poultry producers faced high feed costs, leading to a sharp increase in chicken meat prices.

Finally, high inflation can erode producer margins and lead to higher chick culling rates. As a result, many producers were forced to cull their flocks early, depressing overall supply and driving up prices even further.

The chicken market is heavily influenced by trade restrictions. These restrictions can impact the prices of chicken, as well as the availability of chicken. For example, if a country imposes a tariff on imported chicken, that will likely increase the price of chicken within that country. This could lead to less demand for chicken, as consumers may switch to cheaper proteins. Additionally, trade restrictions can lead to disruptions in the supply chain, as producers may not be able to source all the necessary ingredients for their product. This could lead to shortages of chicken, and potentially higher prices.

For example, in 2015, Russia placed a ban on imports of live chickens from the European Union. This had a direct impact on the EU chicken market, as Russia was a major buyer of EU chicken products. The ban resulted in a significant decrease in demand for EU chicken, and prices for EU chicken fell sharply.

Trade restrictions can also have indirect effects on the chicken market. For example, when Russia placed its ban on EU chicken imports, demand for Brazilian chicken increased significantly. This was because Brazil is one of the few countries that still export live chickens to Russia. As a result, prices for Brazilian chicken rose sharply.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global chicken meat market. 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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Producing Animals, By Country, 2012-2024
    7. Yield, By Country, 2012-2024
    8. Imports, In Physical Terms, By Country, 2012–2024
    9. Imports, In Value Terms, By Country, 2012–2024
    10. Import Prices, By Country Of Destination, 2012–2024
    11. Exports, In Physical Terms, By Country, 2012–2024
    12. Exports, In Value Terms, By Country, 2012–2024
    13. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2024
    19. Production, In Value Terms, 2012–2024
    20. Producing Animals, 2012–2024
    21. Yield, 2012–2024
    22. Production, By Country, 2024
    23. Production, In Physical Terms, By Country, 2012–2024
    24. Producing Animals, By Country, 2024
    25. Producing Animals, By Country, 2012-2024
    26. Yield, By Country, 2012-2024
    27. Imports, In Physical Terms, 2012–2024
    28. Imports, In Value Terms, 2012–2024
    29. Imports, In Physical Terms, By Country, 2024
    30. Imports, In Physical Terms, By Country, 2012–2024
    31. Imports, In Value Terms, By Country, 2012–2024
    32. Import Prices, By Country, 2012–2024
    33. Exports, In Physical Terms, 2012–2024
    34. Exports, In Value Terms, 2012–2024
    35. Exports, In Physical Terms, By Country, 2024
    36. Exports, In Physical Terms, By Country, 2012–2024
    37. Exports, In Value Terms, By Country, 2012–2024
    38. Export Prices, 2012–2024

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