Poultry Processing in Australia - Industry Research Report

Clipped wings: Input costs are taking flight, pushing processors to streamline operations

The Poultry Processing industry has experienced mixed operating conditions in recent years. Despite increased poultry consumption, strong competition among major supermarkets has limited growth in poultry prices, influencing industry revenue and profitability. Fluctuations in the domestic price of wheat feed have also contributed to cost volatility, prompting processors to consolidate and restructure to improve productivity and profitability. Revenue in the Poultry Processing industry is expected to decline at an annualised rate of 1.1% over the five years through 2023-24, to total $8.3 billion. There is a 2.8% decline in revenue anticipated for 2023-24, influenced by factors like changes in poultry prices. These challenges have prompted processors to streamline operations and seek opportunities to sustain their competitiveness in the market.

Poultry processors transform live poultry, like chickens, ducks and turkeys, into various cuts and value-added products. The process starts with acquiring live poultry, typically aged five to eight weeks. It encompasses abattoir operations, dressing, frozen poultry and poultry meat manufacturing and packing. Poultry processing concludes at the initial point of sale of these poultry products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.