The Global Organic Poultry/Meat Farming Market is expected to reach USD 8.80 Billion by 2028, according to a new report by Reports and Data. The increasing number of government regulations to support organic livestock and poultry globally is a significant factor influencing market demand. Flexible rules and regulations associated with the production and packaging of organic products have led to the smooth functioning of the organic sector. For example, in Europe, the Regulation (EU) 2020/848 of May 30, 2020, governs the organic production and labeling of organic products.
However, the high cost of organic products is expected to be a key factor restraining market growth. A study published by the USDA in 2016 showed that between 2004-10, organic eggs accounted for the largest fluctuations in price premiums, which ranged between 66 and 173 percent. A similar study showed that between 2015 and 2016, there was a 114 percent price premium to conventional at the end of the fourth quarter of 2015. However, in early 2016, the premium widened and the number was above 200 percent, which was significantly higher than the historical average.
The Asia Pacific is expected to be a key revenue generating region in the forecast period. The market is projected to grow at a CAGR of 9.6% in the forecast period. The region is gradually shifting towards organically produced fresh products through major economies such as India, China, and Japan among others. In 2016, the Japanese market for organic fresh food was estimated to be around USD 5.91 billion. Eggs were among the top organic fresh food with a share of around USD 75.3 million.
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The Organic Poultry market investigation report assesses the global market for the Organic Poultry industry and provides revenue and capability forecasts for the projected period of 2023-2028. The factors that drive the industry's growth are highlighted in the report. The report divides the Organic Poultry market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and size, geographic presence, and development and manufacturing capabilities.
Some of the Leading Market Players Are Listed Below:
- Yolkshire Valley Farms Ltd,
- Tecumseh Poultry LLC,
- Inglewood Properties Pty Ltd,
- Cargill Meat Solutions,
- Jaindl’s Farms LLC,
- Arcadian Organic Natural Meat,
- Butterball, LLC,
- Applegate Farms, LLC,
- Shenandoah Valley Organic, LLC
- Rossdown Farms Natural Foods
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Market Segmentation:
Distribution Type (Revenue, USD Million; 2018-2026)
- Supermarkets
- Specialty Stores
- Online Retailing
- Retail and Departmental Stores
Poultry Meat Type (Revenue, USD Million; 2018-2026)
- Organic Free-Range Cockerel
- Organic Turkey Meat
- Other Organic Poultry
Free-Range Cockerel Type (Revenue, USD Million; 2018-2026)
- American Class
- English Class
- Australorp
- Mediterranean Class
- Others
Turkey Distribution Channel (Revenue, USD Million; 2018-2026)
- Supermarkets
- Specialty Stores
- Online Retailing
- Retail and Departmental Stores
Application (Revenue, USD Million; 2018-2026)
- Bakery Food
- Body-Building Food
- Processed Meat Product
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Organic Poultry market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Organic Poultry market.
The Global Organic Poultry Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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