United States White Feather Broiler Market
United States White Feather Broiler Market Size Expands at Healthy CAGR to Cross USD 66 Billion by 2030
Published | 27 September 2024
United States White Feather Broiler Market is thriving due to a rising demand for lean protein, advancements in poultry farming technology, efficient breeding practices, and increased consumption of poultry meat.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States White Feather Broiler Market size by value at USD 48.73 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United States White Feather Broiler Market size to expand at a CAGR of 4.45% reaching a value of USD 66.09 billion in 2030. Major driving factors for United States White Feather Broiler Market include a spurring demand for poultry meat, due to its affordability and perceived health benefits compared to red meat. Advancements in broiler breeding and genetics have improved growth rates and feed efficiency, boosting production. Increasing consumption in quick service restaurants and processed food products also supports market growth. Additionally, consumer preference for antibiotic-free and organic poultry options is encouraging the adoption of sustainable and quality-focused farming practices.
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Opportunity – Alternative Protein Sources
The growth of United States White Feather Broiler Market is influenced by the rising popularity of alternative protein sources, such as plant-based and lab-grown meats. These alternatives are gaining traction due to increased consumer demand for sustainable and healthier food options. As more consumers shift towards these proteins for ethical, environmental, and health reasons, the broiler market faces competitive pressure, driving producers to innovate and differentiate their offerings to maintain market share.
Impact of Escalating Geopolitical Tensions on United States White Feather Broiler Market
Escalating geopolitical tensions could significantly impact United States White Feather Broiler Market by disrupting supply chains, increasing costs of feed and production due to import restrictions, and causing volatility in export demand. Trade barriers and sanctions can limit market access to key international markets, reducing profitability for United States producers. Additionally, heightened uncertainty can lead to increased input costs, such as fuel and raw materials, ultimately affecting the overall market stability and competitiveness of United States White Feather Broiler Market.
Commercial Is Largest End User of White Feather Broilers in the US
The commercial segment, consisting of restaurants, hotels, and catering services, dominates United States White Feather Broiler Market by end user. The commercial segment dominates due to the high demand for white feather broilers in the food service industry, driven by consumer preferences for quality poultry products and the popularity of chicken-based dishes. The growth of the hospitality sector and increasing dining-out trends further contribute to the commercial segment's leading position in the US market. The other major end users in United States White Feather Broiler Market include residential and institutional (hospitals, schools, and cafeterias) segments.
Competitive Landscape
United States White Feather Broiler Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Tyson, Grimaud, EW, Hubbard, White Feather Farms Ohio, Licking County Chamber of Commerce, Feather Lover Farms, Sunner, Fovo Food, Yisheng, and Minhe. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United States White Feather Broiler Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United States White Feather Broiler Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States White Feather Broiler Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
United States |
Product/Service Segmentation |
Product Type, Distribution Channel, End User |
Key Players |
Tyson, Grimaud, EW, Hubbard, White Feather Farms Ohio, Licking County Chamber of Commerce, Feather Lover Farms, Sunner, Fovo Food, Yisheng, Minhe |
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Related Report
Publish Date: September 2024
Rising demand for high-quality poultry meat, increasing population, changing dietary preferences, and awareness of health benefits drive the growth of United States White Feather Broiler Market during the forecast period between 2024 and 2030
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