Poultry Market Excellent Growth 2021 Top Key Players
Poultry are domesticated birds such as for instance chicken, duck, turkey, and geese, which provide food and fiber. Poultry market is likely to witness significant growth on the forecast period, owing to increasing global population and purchasing power of people. For example, in line with the World Bank, the global population was 7.6 billion in December 2017, and is expected to achieve 11.8 billion by 2021. The global P oultry M arket was valued at US$ 267,332.3 Mn in 2018, and is likely to exhibit a CAGR of 3.0%, when it comes to revenue, on the forecast period (2019-2027), to achieve US$ 347,265.8 Mn by 2027. Among regions, Asia Pacific accounted for the greatest revenue share of 27.3% in the global poultry market in 2018, and is likely to witness significant growth on the forecast period, owing to rising poultry consumption in countries such as for instance China, India, Malaysia, and Australia. For example, in line with the Food & Agricultural Organizat...