November 25, 2021 11:30 ET | Source: The Business Research Company The Business Research Company
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According to The Business Research Company’s research report on the organic poultry market, in the segmentation by product type into eggs and meat, the eggs market was the largest segment of the organic poultry market, accounting for $6,877.6 million or 54.8% of the total in 2020. Organic eggs come from chickens that live in cage-free environments and have access to the outdoors, even if their outdoor area is just a small pen or enclosed yard area. Organic eggs have higher levels of omega-3 fatty acids than non-organic eggs. These fats are known to prevent chronic disease and reduce inflammation while assisting in brain function and growth. Omega-3s also play an important role in heart health and help to lower cholesterol.
Going forward, the meat products segment is expected to be the fastest growing segment in the organic poultry market, at a CAGR of 9.1%. The organic poultry market is also segmented by processing type into fresh, frozen, and processed, by distribution channel into supermarkets, specialty stores, online sales and others, and by end user into households and food services.
The Business Research Company’s report titled Organic Poultry Global Market Report 2021 – By Product Type (Eggs, Meat Products), By Processing Type (Fresh, Frozen, Processed), By End User (Households, Food Services), By Distribution Channels (Supermarkets, Specialty Store, Online Sales), COVID-19 Growth And Change covers major organic poultry companies, organic poultry market share by company, organic poultry manufacturers, organic poultry market size, and organic poultry market forecasts. The report also covers the global organic poultry market and its segments.
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The global organic poultry market is expected grow from $7.26 billion in 2020 to $7.67 billion in 2021 at a compound annual growth rate (CAGR) of 5.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $10.35 billion in 2025 at a CAGR of 8%.
Western Europe was the largest region in the global organic poultry market, accounting for 44.5% of the total in 2020. It was followed by North America, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the organic poultry market will be South America and the Middle East, where growth will be at CAGRs of 11.95% and 11.91% respectively. These will be followed by the Africa and Asia Pacific, where the markets are expected to grow at CAGRs of 10.85% and 10.15% respectively.
Globally, the demand for organic poultry produce is increasing at a significant rate and consumers pay a premium price for such eggs and meat. The sale of organic chicken worldwide is likely to exceed $7,500 million by the end of 2028 with increasing demand from emerging countries. This presents an opportunity for rural farmers to undertake backyard poultry, which has immense potential for organic poultry production. Furthermore, due to the high demand for protein-rich food, the farmers can acquire a huge base of health-conscious people across the globe and create a sustainable flow of income.
Organic Poultry Global Market Report 2021 – COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provide organic poultry market overviews, organic poultry market analyze and forecast market size and growth for the whole market, organic poultry market segments and geographies, organic poultry market trends, organic poultry market drivers, organic poultry market restraints, organic poultry market leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports By The Business Research Company:
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