Broiler Farming Market Research Report, Its History and Forecast 2024 to 2031
Market Overview and Report Coverage
Broiler farming is a branch of animal husbandry that involves raising chickens specifically for their meat. The broiler farming market is experiencing significant growth due to the increasing demand for poultry meat globally. Factors such as rising consumer preference for healthy and protein-rich food, growing population, and changing dietary habits are driving the growth of the broiler farming industry.
The future outlook for the broiler farming market looks promising, with a projected growth rate of % during the forecasted period. This growth can be attributed to advancements in breeding techniques, increasing investments in technology for better farm management, and the rising adoption of biosecurity measures to prevent diseases.
Some of the latest trends in the broiler farming market include the growing use of automation and artificial intelligence in poultry farms, increasing focus on sustainability and animal welfare, and rising demand for organic and antibiotic-free chicken meat. Overall, the broiler farming market is set to witness continued growth in the coming years, driven by changing consumer preferences and technological advancements in the industry.
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Market Segmentation
The Broiler Farming Market Analysis by types is segmented into:
- Fresh & Frozen
- Processed
Broiler farming produces chicken meat that is primarily sold in two main market types: fresh and frozen, and processed. Fresh chicken refers to poultry that has not been frozen and is typically sold within a few days of processing. Frozen chicken is stored at low temperatures to maintain freshness for longer periods. Processed chicken products include items like nuggets, sausages, and marinated cuts, which are prepared and packaged for convenience. Each market type caters to different consumer preferences and usage scenarios.
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The Broiler Farming Market Industry Research by Application is segmented into:
- Retail
- Catering Services
- Processing Food Plants
- Others
Broiler farming market applications include retail, catering services, processing food plants, and others. In retail, broiler meat is sold directly to consumers through supermarkets, specialty stores, and online platforms. Catering services use broiler meat in their dishes for restaurants, hotels, and catering events. Processing food plants purchase broiler meat for further processing and packaging. Other market applications may include pet food production, export to other countries, and non-profit organizations providing meals to those in need.
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In terms of Region, the Broiler Farming Market Players available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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What are the Emerging Trends in the Global Broiler Farming market?
The global broiler farming market is witnessing several emerging trends. One major trend is the increasing demand for antibiotic-free and organic broiler products due to growing concerns about food safety and environmental sustainability. Another trend is the rise of technology in broiler farming practices, such as the use of smart sensors and data analytics for monitoring and managing poultry health and performance. Furthermore, there is a shift towards more sustainable and ethical farming practices, including cage-free systems and improved welfare standards for broiler chickens. Overall, these trends are shaping the future of the global broiler farming industry.
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Major Market Players
JBS is one of the largest broiler farming companies in the world, with significant market growth and revenue. The company has a strong presence in various international markets, especially in the United States, Brazil, and Europe. JBS has been focusing on expanding its product portfolio and improving its production processes to meet the growing demand for broiler products globally.
Tyson Foods, Inc. is another key player in the broiler farming market, with a focus on innovation and sustainability. The company has been investing in new technologies and practices to enhance its production efficiency and reduce its environmental impact. Tyson Foods has also been expanding its market presence through strategic acquisitions and partnerships with other companies.
Cargill is another major player in the broiler farming industry, with a strong focus on sustainability and food safety. The company has been investing in research and development to improve its production processes and develop new products to meet changing consumer preferences. Cargill has also been expanding its market presence in Asia and Latin America to capitalize on the growing demand for broiler products in these regions.
Overall, the broiler farming market is highly competitive, with key players like JBS, Tyson Foods, Inc., and Cargill dominating the industry. These companies have been investing in innovation, sustainability, and market expansion to stay ahead of the competition and meet the growing demand for broiler products worldwide. The market size of the broiler farming industry is expected to continue to grow in the coming years, driven by increasing consumer demand for affordable and high-quality protein sources.
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