Poultry Feed Market Raises Expected to Reach 3-4 Billion USD

Page 1

Poultry Feed Market Raises Expected to Reach 3-4 Billion USD In 2019, multiple countries shut their poultry meat market in order to stem the impact of the pandemic. However, in 2020, the poultry feed market will open up and the demand for Poultry meat among countries will rise at a high rate due to people’s rising need and desire to eat meat. According to 2018 Poultry Feed Import Data, India’s domestic consumption of meat was 3700 thousand metric tonnes. Despite COVID-19’s arrival in India in December 2019, its domestic meat consumption increased by 37 thousand metric tonnes. In 2020, the respective consumption increased by 200 thousand metric tonnes. From 2003 to 2021, Poultry Meat production, as well as consumption in India, is consistently improving. On the other hand, unlike India, countries like the UK struggle to meet their domestic poultry meat demand due to an imbalance in domestic production. The USA is the largest Poultry Meat producer in the world with a total of 17% coverage. Whereas, China and Brazil stand second and third in the ranking respectively. Here are the top 10 poultry feed importing and exporting countries in the world:

Top 10 Poultry Feed Importers in the World Poultry Feed Shipment Data crafts a crystal-clear impression that multiple countries rather than importing raw poultry feed products engage in the import of poultry finished products. Here’s a list for your reference:       

Germany (Poultry Feed Import Data: 14 Million Metric Tonnes approx, worth: 3 Billion USD) China ( Poultry Feed Import Data: 8 Million Metric Tonnes approx, worth: 2.3Billion USD) Netherland (Poultry Feed Import Data: 15 million metric tonnes approx, worth: 2billion USD) United Kingdom (Poultry Feed Import Data: 5.6Million Metric Tonnes approx, worth: 1.7 Billion USD) Japan (Poultry Feed Import Data: 5.89 Million Metric Tonnes, worth: 1.5 Billion USD) France (Poultry Feed Import Data: 5.7 Million Metric Tonnes approx, worth: 1.52 Billion USD) Hong Kong (Poultry Feed Import Data: 8.9 Million Metric Tonnes, worth: 1.5 Billion USD)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.