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Report Overview

The global poultry market reached approximately USD 325.41 Billion in 2024. The market is projected to grow at a CAGR of 2.40% between 2025 and 2034, reaching a value of around USD 412.51 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • As per the estimates by the Food and Agriculture Organisation (FAO) and Organisation for Economic Co-operation and Development (OECD), global poultry meat consumption is expected to reach around 91 million tons by 2032.

  • According to the industry reports, China is the largest producer of chicken poultry in the world, followed by the United States.

  • A report by Rabobank highlights South and Southeast Asia as the focal points of worldwide poultry sector expansion in the next decade.

Compound Annual Growth Rate

Value in USD Billion

2.4%

2025-2034


Poultry Market Outlook

*this image is indicative*

Poultry Market Growth

Growing demand for protein-rich poultry products, expansion of the food retail sector, and introduction of organic poultry products are some of the crucial drivers anticipated to influence the market worldwide.

Several institutes are making significant strides in the promotion of boiler research.  For example, the University of Tennessee Institute of Agriculture (UTIA) announced a significant investment in a high-end poultry research and education facility at the Middle Tennessee AgResearch and Education Center in Spring Hill, the United States in May 2024. The facility will be comprised of four large-scale broiler production houses along with research and teaching labs.

Market players are increasing their developmental efforts to promote sustainability in poultry farming. For instance, Poulterra announced the launch of its Manure-as-a-Service ("MaaS") platform on May 14th, 2024, a strategy aimed at cutting down emissions in the poultry supply chain, as well as decreasing expenses, enhancing operational efficiency, and establishing higher standards for sustainable poultry farming.

Poultry Industry Segmentation

“Poultry Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

  • Broiler 
  • Eggs

Market Breakup by End Use:

  • Food Service 
  • Retail

Market Breakup by Distribution Channel:

  • Business to Business 
  • Traditional Retail Stores 
  • Modern Retail Stores

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Poultry Market Share

Based on the region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The APAC region occupies a substantial market share owing to its rising population, government subsidies and favourable initiatives, growing adoption of high-end farming techniques, and increased implementation of superior poultry disease management practices.

Leading Companies in the Poultry Market

The market players are introducing novel poultry farming technologies to meet the evolving regulatory landscape.

  • Tyson Foods Inc.
  • Industrias Bachoco, S.A.B. de C.V.
  • Cargill Inc.
  • JBS S.A.
  • BRF S.A
  • Charoen Pokphand Foods PCL 
  • Grupo Nutresa S.A.
  • New Hope Liuhe Co. Ltd.
  • Quantum Foods Holdings Ltd.
  • IB Group
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 325.41 Billion.

The market is estimated to grow at a CAGR of 2.40% between 2025 and 2034.

The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 412.51 Billion by 2034.

The market is being driven due to growing demand for protein-rich poultry products, expansion of the food service retail, and introduction of organic poultry products.

The key trends aiding the market include significant strides by research institutes and developmental efforts towards sustainable poultry farming by the market participants.

Regions considered in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Based on end use, market segmentations include food service and retail.

Different distribution channels are business to business, traditional retail stores, and modern retail stores, among others.

The major players in the market are Tyson Foods Inc., Industrias Bachoco, S.A.B. de C.V., Cargill Inc., JBS S.A., BRF S.A, Charoen Pokphand Foods PCL, Grupo Nutresa S.A., New Hope Liuhe Co. Ltd., Quantum Foods Holdings Ltd., and IB Group, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End Use
  • Distribution Channel
  • Region
Breakup by Type
  • Broiler 
  • Eggs 
Breakup by End Use
  • Food Service 
  • Retail
Breakup by Distribution Channel
  • Business to Business 
  • Traditional Retail Stores 
  • Modern Retail Stores
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Tyson Foods Inc.
  • Industrias Bachoco, S.A.B. de C.V.
  • Cargill Inc.
  • JBS S.A.
  • BRF S.A
  • Charoen Pokphand Foods PCL 
  • Grupo Nutresa S.A.
  • New Hope Liuhe Co. Ltd.
  • Quantum Foods Holdings Ltd.
  • IB Group
  • Others

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