Processed Poultry Meat Market – Global Industry Analysis, Growth and Forecast 2016 – 2024

Processed Poultry Meat market consists of processed meat of chicken, turkey or ducks. Presently all the meat consumed is processed as it has few advantages such as year round availability, enhanced shelf-life and convenience.

The global Processed Poultry Meat market is segmented by type as Chicken, Turkey, Ducks and others. Geographically, market can be segmented into North America, Europe, Asia Pacific and Rest of the World. Segmentation is also done as Fresh Processed, Raw-Cooked, Pre-Cooked, Raw-Fermented, Cured, Dried and Others.

The key drivers of this market include low cost poultry production as feed conversion rate is high, higher disposable income of households and growing restaurant industry especially, fast-food and fast-casual dining. Some of the restraining factors could be growing health concerns and government regulations on the usage of excess processed meat.

The Processed Poultry Meat market globally is expected to grow with a significant single digit CAGR over the period of 2013- 2019. Growth in processed poultry meat is attributed to usage of various modern equipment and poultry practices that increase the turnover of the product. Vertical integration is the latest trend in processed poultry meat market to increase operational efficiencies and profit margin.

As the income rises, people’s consumption of meat also rises, thus the emerging countries are expected to contribute to the rising consumption of poultry in coming years. Moreover poultry comes under white meat category which is preferred over red meat due to lesser calories in the former.

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Some of the key players in Processed Poultry Meat Market are JBS SA, Pilgrims Pride Corp., Sysco Corp., Tyson Foods Inc., Cargill Inc., Sanderson farms among others.

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