Global Poultry Chicken Market to Reach 106.8 Thousand Metric Tons by the Year 2027
Amid the COVID-19 crisis, the global market for Poultry Chicken estimated at 94.2 Thousand Metric Tons in the year 2020, is projected to reach a revised size of 106.8 Thousand Metric Tons by 2027, growing at a CAGR of 1.8% over the period 2020-2027.
The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 3.5% CAGR for the Period of 2020-2027
The Poultry Chicken market in the U.S. is estimated at 25.5 Thousand Metric Tons in the year 2020. The country currently accounts for a 27.08% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 20.5 Thousand Metric Tons in the year 2027 trailing a CAGR of 3.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.3% and 1.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.7% CAGR while Rest of European market (as defined in the study) will reach 20.5 Thousand Metric Tons by the year 2027.We bring years of research experience to this 18th edition of our report. The 831-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
- Competitors identified in this market include, among others,
- Cargill, Inc.
- Charoen Pokphand Foods PCL
- Godrej Agrovet Ltd.
- Hormel Foods Corporation
- Kerry Group PLC
- Land O’Lakes, Inc.
- Maple Leaf Foods, Inc.
- McDonald’s Corporation
- Michael Foods, Inc.
- Tyson Foods, Inc.