North America Broiler, Turkey and Egg Production and Processing Market was valued at USD 30 Billion in 2022 and is projected to reach USD 36 Billion by 2030, growing at a CAGR of 2.3% from 2024 to 2030.
The North American poultry industry, encompassing broiler chickens, turkeys, and egg production, plays a pivotal role in the continent's agricultural landscape. This sector not only meets domestic consumption needs but also significantly contributes to the economy through exports and employment opportunities.
Broiler Chicken Production and Processing
Broiler chickens are the primary source of poultry meat in North America. In 2022, broiler sales in the United States reached $46.2 billion, accounting for 60% of total poultry sector sales. The production process involves several stages: breeding, hatching, growing, and processing. Modern broiler farms utilize advanced genetics and nutrition to achieve efficient feed conversion and rapid growth rates. Processing facilities are equipped with state-of-the-art technology to ensure product safety and quality, adhering to stringent food safety standards.
Turkey Production and Processing
Turkey production in North America is a significant industry, with the U.S. producing approximately 5.3 billion pounds of turkey meat in 2022. The production process mirrors that of broilers, with specialized facilities for breeding, hatching, and growing turkeys. Processing plants handle various products, including whole turkeys, parts, and value-added items. The industry faces challenges such as disease outbreaks and market fluctuations, which impact production and processing operations.
Egg Production and Processing
Egg production is a vital component of North America's poultry sector. In 2022, the U.S. produced about 7.8 billion dozen eggs, with a per capita consumption of 279.3 eggs. The production process involves laying hens housed in controlled environments to optimize egg production. Processing facilities focus on grading, packaging, and distribution, ensuring eggs meet quality standards. The industry has faced challenges, including avian influenza outbreaks, which have affected production and prices.
Industry Requirements and Applications
The poultry industry requires a robust supply chain, including feed production, veterinary services, and processing facilities. Technological advancements in genetics, nutrition, and processing are essential for maintaining competitiveness. Additionally, adherence to food safety regulations and environmental sustainability practices is crucial. The industry also faces challenges such as disease management, market volatility, and labor shortages, which impact production and processing operations.
In summary, the North American broiler, turkey, and egg production and processing market is a dynamic sector that requires continuous innovation and adaptation to meet consumer demands and industry challenges. The integration of advanced technologies and sustainable practices is essential for the industry's growth and resilience.
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JBS S.A.
Tyson Foods Inc.
BRF
New Hope Group
Wen's Food Group
CP Group
Perdue Foods (broiler)
Koch Foods Inc.
Industrias Bachoco
Arab Company for Livestock Development (ACOLID)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Broiler, Turkey and Egg Production and Processing Market
B2B/Direct
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Butcher Shop/Wet Markets
Online Retailing
Based on Types the Market is categorized into Below types that held the largest Broiler, Turkey and Egg Production and Processing market share In 2023.
by Form
Raw
Frozen
Processed
by Part
Leg
Wings
Breast
Egg
Claw
Others
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Broiler, Turkey and Egg Production and Processing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Broiler, Turkey and Egg Production and Processing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Broiler, Turkey and Egg Production and Processing Market, By Type
6. North America Broiler, Turkey and Egg Production and Processing Market, By Application
7. North America Broiler, Turkey and Egg Production and Processing Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Broiler, Turkey and Egg Production and Processing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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