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Global Chicken Market, Size, Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis

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    Report

  • 320 Pages
  • February 2023
  • Region: Global
  • Renub Research
  • ID: 5740684

The Worldwide Chicken Market was valued US$ 312.11 Billion in 2022

Global Chicken Market is expected to be US$ 429.11 Billion by 2028, according to the publisher. The global chicken meat market has expanded rapidly, notably in the last 30 years. This expansion has been accompanied by significant modernization and automation, as well as the genetic creation of animal kinds that allow for higher productivity. Although meat consumption has risen in absolute and per capita terms, the production of chicken meat has been the most effective in standardizing processes, boosting yields, and achieving considerable cost and price reductions. Chicken meat is critical since it is one of the key protein sources for people in many nations.

Furthermore, animal-derived dietary items have a PDCAAS (protein digestibility corrected amino acid score) of one or slightly less than one. Chicken is the most affordable and easily digestible lean protein choice; also, chicken protein provides all nine necessary amino acids. As a result, rising consumer preference for protein-rich foods is driving raw chicken meat market growth. According to our projections, its output will continue to increase both locally and globally. The primary driving market expansion are increasing fast urbanization, disposable income, and changing lifestyles.

Global Chicken Industry is expected to grow with a CAGR of nearly 5.45% from 2022 to 2028

The growth in worldwide chicken meat volume over the last five years has been primarily driven by more efficient poultry meat volume as the poultry industry has continued to expand and industrialize in many regions of the world. However, in high-income nations, where per capita consumption is already high, demand is expected to level off or trend lower, owing to ageing populations and increased dietary concerns that seek greater variety in protein sources. In lower-income countries, both population and income growth will drive overall consumption, albeit from a considerably lower per capita starting point. Worldwide Chicken Market was valued US$ 312.11 Billion in 2022.

Recent Trend

Fast food chains and quick-service restaurants have adopted poultry meat as a substitute for fresh meat.

Easy availability of ready chicken products and growing personal disposable income are expected to positively influence the global ready chicken products market.

Rising internet penetration and increase in consumers' spending capacity are further proliferating the growth of the ready chicken products market across the globe.

Consumers increasingly demand ready-to-eat and ready-to-cook pork meat products with better taste and quality.

The Rise in Poultry Meat Consumption

Chicken is one of the world's most popular foods. The United States is the country with the highest consumption of chicken. However, consumption of chicken meat has increased in almost all nations and regions, with customers drawn to reduced pricing, product consistency and flexibility, and greater protein/lower fat ratio. As a result, worldwide consumption of chicken meat is expected to rise throughout the projection period, reflecting the important role it plays in the national diets of numerous populous emerging countries, including China, Indonesia, India, Malaysia, Pakistan, Peru, the Philippines, and Vietnam.

Poultry will Lead Global Meat Production over the Next Decade

There are several production tiers in the worldwide chicken meat business, including feed mills, hatcheries, expanding farms, and processing factories. The United States of America is the world's top producer of chicken meat, followed by Brazil, the European Union, and China. The increased use of technology has helped to increased production, which has resulted in a decrease in relative pricing when compared to beef and hog meat. Nowadays, people are searching for convenience foods, and in such cases, poultry meat products are superior options. As a result of the aforementioned reasons, the processed poultry meat Market is expected to develop over the projected period.

Asia is the Major Chicken Importing Region Worldwide

China is first in the world in terms of chicken meat imports. China will be first in 2022, followed by Mexico and the United States. The Netherlands, Saudi Arabia, Japan, the United Kingdom, Germany, the United Arab Emirates, Iraq, France, South Africa, the Philippines, and Vietnam are the top importers. Global consumption of chicken continues to climb and is expected to rise over the next decade. Chicken meat consumption per person will grow faster than pork and beef because, according to these projections, poultry consumption would climb faster than beef and pig meat. The global population is slowing and is predicted to rise. Over the next 10 years, poultry is predicted to remain the world's top imported animal item by volume. Many countries raised domestic poultry production to satisfy expanding chicken meat demand.

Brazil is the most Prominent Exporter by Volume

The United States, Brazil, the European Union, and Thailand have developed as significant poultry exporters. Brazil is the world's biggest poultry exporter, and it is expected to stay such in the next years. Increased local supply of chicken feedstuffs (feed grains and soybeans) aided Brazil's poultry industry increase. Throughout the next decade, the United States is likely to lose market share. In 2022, Brazil and the United States were the largest exporters of chicken meat. The Netherlands, Poland, Turkey, Belgium, Ukraine, Thailand, Argentina, the United Kingdom, China, Germany, Belarus, Russia, and France were among the countries with a modest percentage of chicken meat exports.

Key Company

The report includes a competitive landscape based on an extensive assessment of the key strategic developments implemented by leading industry participants over the last 5 years. Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Danish Crown Group, Vion Food Group, W.H. Group, Hormel Foods Corporation, and Muyuan Foods are among the prominent players mentioned in the global meat market research study.

Tyson Foods has announced the expansion of its Caseyville Prepared Foods Facility in August 2022. The USD 180 million investment will help Tyson Foods fulfil rising demand for its renowned Hillshire Farm® and Jimmy Dean branded goods. The Caseyville factory already manufactures Hillshire Farm® and Jimmy Dean® goods, and the 170,000 square foot addition will allow for increased production of snacking and breakfast items.

Tyson Foods, Inc. of the United States and Tanmiah Food Company of Saudi Arabia have formed cooperation in July 2022. Tyson Foods purchased a 15% investment in Tanmiah subsidiary Agriculture Development Company (ADC) as well as a 60% stake in Supreme Foods Processing Company. This investment provided customers with access to chicken supply in Saudi Arabia, allowing them to fulfil the Middle East's and other markets' expanding need for protein.

The report titled “Global Chicken Market & Forecast By Production (United States, Brazil, China, European Union, Russia, Mexico, Thailand, Turkey, Argentina, Columbia, Peru and Others.), Consumption Market & Volume (United States, China, Brazil, European Union, Russia, Mexico, Japan, Thailand, United Kingdom, Argentina, Columbia and Others), Import (Japan, Mexico, United Kingdom, European Union, Saudi Arabia, Iraq, China, Philippines, UAE, South Africa, United States and Others), Export (Brazil, United States, European Union, Thailand, China, Turkey, United Kingdom, Ukraine, Argentina, Belarus, Russia and Others) Company (Tyson Foods, Inc., JBS S.A., Pilgrim's pride corporation, Danish crown group, Vion Food Group, W.H. Group, Hormel Foods Corporation, and Muyuan Foods)” provides a complete analysis of global Chicken Meat industry.

Global Chicken Producing Countries:

1. United States
2. Brazil
3. China
4. European Union
5. Russia
6. Mexico
7. Thailand
8. Turkey
9. Argentina
10. Columbia
11. Peru
12. Others

Global Chicken Consuming Countries:

1. United States
2. China
3. Brazil
4. European Union
5. Russia
6. Mexico
7. Japan
8. Thailand
9. United Kingdom
10. Argentina
11. Columbia
12. Others

Global Chicken Importing Countries:

1. Japan
2. Mexico
3. United Kingdom
4. European Union
5. Saudi Arabia
6. Iraq
7. China
8. Philippines
9. UAE
10. South Africa
11. United States
12. Others

Global Chicken Exporting Countries:

1. Brazil
2. United States
3. European Union
4. Thailand
5. China
6. Turkey
7. United Kingdom
8. Ukraine
9. Argentina
10. Belarus
11. Russia
12. Others

Company Analysis: All the companies have been studied from three points

  • Overview
  • Recent Developments
  • Sales Analysis

Companies Covered

1. Tyson Foods, Inc.
2. JBS S.A.
3. Pilgrim's Pride Corporation
4. Danish Crown Group
5. Vion Food Group
6. W.H. Group
7. Hormel Foods Corporation
8. Muyuan Foods

Table of Contents

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Global Chicken Market

6. Consuming Countries Market share - Global Chicken Market

7. Volume Share - Global Chicken
7.1 Consuming Countries
7.2 Producing Countries
7.3 Importing Countries
7.4 Exporting Countries

8. Consuming Countries - Global Chicken Market and Volume
8.1 United States
8.1.1 Market
8.1.2 Volume
8.2 China
8.2.1 Market
8.2.2 Volume
8.3 Brazil
8.3.1 Market
8.3.2 Volume
8.4 European Union
8.4.1 Market
8.4.2 Volume
8.5 Russia
8.5.1 Market
8.5.2 Volume
8.6 Mexico
8.6.1 Market
8.6.2 Volume
8.7 Japan
8.7.1 Market
8.7.2 Volume
8.8 Thailand
8.8.1 Market
8.8.2 Volume
8.9 United Kingdom
8.9.1 Market
8.9.2 Volume
8.10 Argentina
8.10.1 Market
8.10.2 Volume
8.11 Columbia
8.11.1 Market
8.11.2 Volume
8.12 Others
8.12.1 Market
8.12.2 Volume

9. Producing Countries - Global Chicken Volume
9.1 United States
9.2 Brazil
9.3 China
9.4 European Union
9.5 Russia
9.6 Mexico
9.7 Thailand
9.8 Turkey
9.9 Argentina
9.10 Columbia
9.11 Peru
9.12 Others

10. Importing Countries - Global Chicken Volume
10.1 Japan
10.2 Mexico
10.3 United Kingdom
10.4 European Union
10.5 Saudi Arabia
10.6 Iraq
10.7 China
10.8 Phillipines
10.9 UAE
10.10 South Africa
10.11 United States
10.12 Others

11. Exporting Countries - Global Chicken Volume
11.1 Brazil
11.2 United States
11.3 European Union
11.4 Thailand
11.5 China
11.6 Turkey
11.7 United Kingdom
11.8 Ukraine
11.9 Argentina
11.10 Belarus
11.11 Russia
11.12 Others

12. Key Players Analysis
12.1 JBS S.A
12.1.1 Overview
12.1.2 Recent Development
12.1.3 Financial Insight
12.2 Tyson Foods
12.2.1 Overview
12.2.2 Recent Development
12.2.3 Financial Insight
12.3 Pilgrim's Pride Corporation
12.3.1 Overview
12.3.2 Recent Development
12.3.3 Financial Insight
12.4 Danish Crown Group
12.4.1 Overview
12.4.2 Recent Development
12.4.3 Financial Insight
12.5 Vion Food Group
12.5.1 Overview
12.5.2 Recent Development
12.5.3 Financial Insight
12.6 WH Group
12.6.1 Overview
12.6.2 Recent Development
12.6.3 Financial Insight
12.7 Hormel Foods Corporation
12.7.1 Overview
12.7.2 Recent Development
12.7.3 Financial Insight
12.8 Muyuan Foods
12.8.1 Overview
12.8.2 Recent Development
12.8.3 Financial Insight

List of Figures:
Figure 01: Global - Chicken Market (Billion US$), 2018 - 2022
Figure 02: Global - Forecast for Chicken Market (Billion US$), 2023 - 2028
Figure 03: United States - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 04: United States - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 05: United States - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 06: United States - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 07: China - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 08: China - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 09: China - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 10: China - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 11: Brazil - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 12: Brazil - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 13: Brazil - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 14: Brazil - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 15: European Union - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 16: European Union - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 17: European Union - ChickenConsumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 18: European Union - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 19: Russia - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 20: Russia - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 21: Russia - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 22: Russia - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 23: Mexico - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 24: Mexico - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 25: Mexico - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 26: Mexico - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 27: Japan - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 28: Japan - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 29: Japan - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 30: Japan - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 31: Thailand - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 32: Thailand - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 33: Thailand - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 34: Thailand - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 35: United Kingdom - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 36: United Kingdom - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 37: United Kingdom - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 38: United Kingdom - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 39: Argentina - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 40: Argentina - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 41: Argentina - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 42: Argentina - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 43: Columbia - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 44: Columbia - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 45: Columbia - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 46: Columbia - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 47: Others - Chicken Consumption Market (Billion US$), 2018 - 2022
Figure 48: Others - Forecast for Chicken Consumption Market (Billion US$), 2023 - 2028
Figure 49: Others - Chicken Consumption Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 50: Others - Forecast for Chicken Consumption Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 51: United States - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 52: United States - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 53: Brazil - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 54: Brazil - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 55: China - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 56: China - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 57: European Union - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 58: European Union - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 59: Russia - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 60: Russia - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 61: Mexico - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 62: Mexico - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 63: Thailand - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 64: Thailand - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 65: Turkey - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 66: Turkey - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 67: Argentina - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 68: Argentina - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 69: Columbia - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 70: Columbia - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 71: Peru - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 72: Peru - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 73: Others - Chicken Production Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 74: Others - Forecast for Chicken Production Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 75: Japan - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 76: Japan - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 77: Mexico - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 78: Mexico - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 79: United Kingdom - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 80: United Kingdom - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 81: European Union - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 82: European Union - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 83: Saudi Arabia - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 84: Saudi Arabia - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 85: Iraq - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 86: Iraq - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 87: China - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 88: China - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 89: Phillipines - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 90: Phillipines - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 91: UAE - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 92: UAE - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 93: South Africa - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 94: South Africa - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 95: United States - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 96: United States - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 97: Others - Chicken Import Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 98: Others - Forecast for Chicken Import Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 99: Brazil - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 100: Brazil - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 101: United States - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 102: United States - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 103: European Union - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 104: European Union - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 105: Thailand - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 106: Thailand - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 107: China - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 108: China - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 109: Turkey - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 110: Turkey - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 111: United Kingdom - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 112: United Kingdom - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 113: Ukraine - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 114: Ukraine - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 115: Argentina - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 116: Argentina - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 117: Belarus - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 118: Belarus - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 119: Russia - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 120: Russia - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 121: Others - Chicken Export Volume (Thousand Metric Tonnes), 2018 - 2022
Figure 122: Others - Forecast for Chicken Export Volume (Thousand Metric Tonnes), 2023 - 2028
Figure 123: JBS S.A - Global Revenue (Billion US$), 2018 - 2022
Figure 124: JBS S.A - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 125: Tyson Foods - Global Revenue (Billion US$), 2018 - 2022
Figure 126: Tyson Foods - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 127: Pilgrim's pride corporation - Global Revenue (Billion US$), 2018 - 2022
Figure 128: Pilgrim's pride corporation - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 129: Danish crown group - Global Revenue (Billion US$), 2018 - 2022
Figure 130: Danish crown group - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 131: Vion Food Group - Global Revenue (Billion US$), 2018 - 2022
Figure 132: Vion Food Group - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 133: WH Group - Global Revenue (Billion US$), 2018 - 2022
Figure 134: WH Group - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 135: Hormel Foods Corporation - Global Revenue (Billion US$), 2018 - 2022
Figure 136: Hormel Foods Corporation - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 137: Muyuan Foods - Global Revenue (Billion US$), 2018 - 2022
Figure 138: Muyuan Foods - Forecast for Global Revenue (Billion US$), 2023 - 2028

List of Tables:
Table 01: Global - Chicken Consumption Market Share by Countries (Percent), 2018 - 2022
Table 02: Global - Forecast for Chicken Consumption Market Share by Countries (Percent), 2023 - 2028
Table 03: Global - Chicken Consumption Volume Share by Countries (Percent), 2018 - 2022
Table 04: Global - Forecast for Chicken Consumption Volume Share by Countries (Percent), 2023 - 2028
Table 05: Global - Chicken Production Volume Share by Countries (Percent), 2018 - 2022
Table 06: Global - Forecast for Chicken Production Volume Share by Countries (Percent), 2023 - 2028
Table 07: Global - Chicken Import Volume Share by Countries (Percent), 2018 - 2022
Table 08: Global - Forecast for Chicken Import Volume Share by Countries (Percent), 2023 - 2028
Table 09: Global - Chicken Export Volume Share by Countries (Percent), 2018 - 2022
Table 10: Global - Forecast for Chicken Export Volume Share by Countries (Percent), 2023 - 2028

Companies Mentioned

  • Tyson Foods, Inc.
  • JBS S.A.
  • Pilgrim's Pride Corporation
  • Danish Crown Group
  • Vion Food Group
  • W.H. Group
  • Hormel Foods Corporation
  • Muyuan Foods

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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