World - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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World - Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Jul 8, 2020

Global Poultry Production to Reach 137M Tons in 2020, Mainly Driven by Growth in China, the EU, and the UK

IndexBox has just published a new report: 'World - Poultry - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

In 2019, the global poultry market increased by 6% to $231.5B, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +4.4% from 2009 to 2019. The growth pace was the most rapid in 2011 with an increase of 11% y-o-y. Global consumption peaked in 2019 and is expected to retain growth in the near future.

Poultry Consumption by Country

The countries with the highest volumes of poultry consumption in 2019 were China (20M tons), the U.S. (19M tons), and Brazil (12M tons), with a combined 40% share of global consumption. These countries were followed by Russia, Mexico, India, Japan, Indonesia, Iran, South Africa, Malaysia, and Myanmar, which together accounted for a further 21%.

In value terms, China ($53.4B) led the market, alone. The second position in the ranking was occupied by the U.S. ($21.3B). It was followed by Brazil.

The countries with the highest levels of poultry per capita consumption in 2019 were Malaysia (63 kg per person), the U.S. (58 kg per person), and Brazil (57 kg per person).

From 2009 to 2019, the most notable rate of growth in terms of poultry per capita consumption, amongst the leading consuming countries, was attained by Myanmar, while poultry per capita consumption for the other global leaders experienced more modest paces of growth.

Market Forecast 2020-2030

Driven by increasing demand for poultry worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.3% for the period from 2019 to 2030, which is projected to bring the market volume to 166M tons by the end of 2030.

According to FAO forecasts, global poultry meat production will reach 137 million tons in 2020. Growth is expected in China, the EU, Britain, Brazil, and Mexico, while production decline is possible in India, Thailand, Turkey, and the U.S.

In China, poultry production is projected to grow, albeit slowly, due to relatively steady demand amid high pork prices. Although the discovery of new HPAI cases at the beginning of the year in some European countries forced China to ban imports of live birds from these suppliers. However, the impact on domestic production is likely to be limited, since the measure coincided with the lifting of the 2015 ban on imports of live poultry from the United States.

New investments in processing capacity are expected to increase poultry production in the EU and the UK. However, a positive outlook could become negative if the recent fall in prices associated with COVID-19 continues. Slaughter of birds in countries where new cases of HPAI have been diagnosed may also hinder production growth in the EU this year.

In Brazil, poultry production is projected to increase driven by growing demand for imports, especially in China, as well as in other countries that are attracted by Brazil's status as a supplier of products with high biosafety standards.

Growth in poultry meat production is also projected to continue in South Africa due to strong consumer demand, and in Mexico because of competitive feed prices.

In contrast, poultry meat production in India is likely to decline as the outflow of labor from cities after the COVID-19 lockdown reduced the availability of workforce in this sector, which also led to a decrease in consumer demand.

Similarly, in Thailand, a sharp drop in demand for poultry meat from the food retail sector, including street food, is driving the expected decline in production. However, the prospects for production in 2020 could be positive if efforts by the government to persuade Asian countries, especially China, Japan and the Republic of Korea, to import more poultry meat are successful.

In the United States, declining food sales and labor shortages have led the sector to abandon expansion plans and reduce the share of large poultry production preferred by HoReCa. It is also reported that the requirements for maintaining distances between workspaces in processing plants reduce the efficiency of meat processing, which leads to a drop in production.

Global Poultry Production

In 2019, the amount of poultry produced worldwide expanded to 130M tons, growing by 3.7% against the previous year's figure. The total output volume increased at an average annual rate of +3.4% from 2009 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of 4.7% against the previous year. Global production peaked in 2019 and is expected to retain growth in years to come. The generally positive trend in terms output was largely conditioned by a perceptible increase in the number of producing animals and a relatively flat trend pattern in yield figures.

Production By Country

The countries with the highest volumes of poultry production in 2019 were the U.S. (23M tons), China (20M tons), and Brazil (16M tons), with a combined 45% share of global production. Russia, India, Mexico, Indonesia, Turkey, Japan, Iran, Argentina, and Myanmar lagged somewhat behind, together comprising a further 20%.

From 2009 to 2019, the most notable rate of growth in terms of poultry production, amongst the key producing countries, was attained by Russia, while poultry production for the other global leaders experienced more modest paces of growth.

Exports

For the fourth year in a row, the global market recorded growth in overseas shipments of poultry, which increased by 2.2% to 17M tons in 2019. The total export volume increased at an average annual rate of +3.3% over the period from 2009 to 2019.

In value terms, poultry exports rose to $27.3B (IndexBox estimates) in 2019. Over the period under review, global exports reached the maximum at $28.5B in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Brazil (4M tons) and the U.S. (3.6M tons) represented the main exporters of poultry in 2019, resulting in at approx. 24% and 22% of total exports, respectively. It was distantly followed by the Netherlands (1.5M tons) and Poland (1.5M tons), together generating an 18% share of total exports. Belgium (509K tons), Turkey (493K tons), Germany (473K tons), France (398K tons), Ukraine (361K tons), the UK (359K tons), Hong Kong (328K tons) and Thailand (295K tons) followed a long way behind the leaders.

From 2009 to 2019, the biggest increases were in Ukraine, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest poultry supplying countries worldwide were Brazil ($6.5B), the U.S. ($3.7B), and Poland ($2.9B), with a combined 48% share of global exports. These countries were followed by the Netherlands, Germany, France, Belgium, Thailand, Turkey, Ukraine, Hong Kong, and the UK, which together accounted for a further 31%.

Export Prices by Country

The average poultry export price stood at $1,644 per ton in 2019, remaining relatively unchanged against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by 11% year-to-year. The global export price peaked at $1,893 per ton in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Thailand ($2,683 per ton), while the U.S. ($1,045 per ton) was amongst the lowest.

From 2009 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global poultry 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
  • 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:

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

Company coverage:

Tyson Foods, Cargill Meat Solutions, Sysco Corp., Pilgrim's., Hormel, Perdue Farms, OSI Group, Koch Foods, Wayne Farms Jobs, Mountaire Farms Jobs, New Hope Liuhe, Wen's Food Group, Doyoo Group, Sunner Development Co, Ltd., Japfa Ltd., OSI China, Jiangsu Lihua Animal Husbandry, DaChan Food (asia) Ltd., Huaying Agricultural Development Co. Ltd., Fengxiang Group, WH Group, Yisheng Livestock & Poultry Breeding Co., Tyson China, Quingdao Nine-Alliance Group, COFCO Meat Suqian (CP Foods), Shanxi Suhai Group Ltd., Yongda Food Industry, Zhecheng Waimao Co. Ltd., LDC, Plukon Food Group, PHW Group, AIA, 2 Sisters Food Group

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 2012–2023
    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 2012–2023
    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 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Producing Animals, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    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, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Producing Animals, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Producing Animals, By Country, 2023
    25. Producing Animals, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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