Poultry Meat Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio

The global poultry meat market to register an incremental growth of USD 56.98 billion, witnessing a CAGR of over 3% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the poultry meat market in optimistic, probable, and pessimistic forecast scenarios.

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Technavio has announced its latest market research report titled Global Poultry Meat Market 2020-2024 (Graphic: Business Wire)

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The poultry meat market will witness a positive and superior impact during the forecast period owing to the extensive rise of COVID-19 pandemic. Furthermore, as per Technavio’s pandemic-focused research highlights, the market growth is likely to Increase compared to 2019.

Poultry Meat Market 2020-2024: Vendor Analysis

The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. With a rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.

Major Poultry Meat market participants are

• BRF SA
• Cargill Inc.
• Cranswick Plc
• Halperns
• Hormel Foods Corp.
• JBS SA
• NH Foods Ltd.
• Sysco Corp.
• Tyson Foods Inc.
• WH Group Ltd.

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Poultry Meat Market 2020-2024: Segmentation

Poultry Meat Market is segmented as below:

• Product
  • Chicken meat
  • Turkey meat
  • Duck meat
  • Others

Chicken meat will account for the largest share as it is a good source of protein. Product launches and innovations will also aid the growth of the segment during the forecast period.

• Geography
  • APAC
  • Europe
  • North America
  • South America
  • MEA

APAC region will account for the highest incremental growth during the forecast period due to the increasing health awareness, the convenience offered by processed meats, and the expanding fast-food chains.

The poultry meat market is driven by product launches and increasing import and export of poultry meat, as per Technavio’s pandemic impact-focused research study. Furthermore, Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, and significant developments in vendor operations and government regulations in the Consumer Staples industry.

For gaining more insights about the impact of COVID-19 pandemic on related reports, check out Technavio’s Consumer Staples section

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Chicken meat - Market size and forecast 2019-2024
• Turkey meat - Market size and forecast 2019-2024
• Duck meat - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Impact of COVID-19 pandemic on product segment
• Market opportunity by Product

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Impact of COVID-19 pandemic on the market
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• BRF SA
• Cargill Inc.
• Cranswick Plc
• Halperns
• Hormel Foods Corp.
• JBS SA
• NH Foods Ltd.
• Sysco Corp.
• Tyson Foods Inc.
• WH Group Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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