Participatory Guarantee Systems have emerged as a useful tool for developing local markets for organic produce.
Market Size – USD 15.58 billion in 2018, Market Growth - CAGR of 10.1%, Market Trends – Organic Free-Range Cockerel has the highest growth rate among the poultry type.
NEW YORK, April 01, 2019 (GLOBE NEWSWIRE) -- The global Organic Poultry/Meat Farming Market is expected to reach USD 15.58 billion by 2026, according to a new report by Reports and Data. The increasing number of government regulations to support organic livestock and poultry globally is a significant factor influencing market demand. Flexible rules and regulations associated with the production and packaging of organic products have led to the smooth functioning of the organic sector. For example, in Europe, the Regulation (EU) 2018/848 of May 30, 2018, governs the organic production and labeling of organic products.
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However, the high cost of organic products is expected to be a key factor restraining market growth. A study published by the USDA in 2016 showed that between 2004-2010, organic eggs accounted for the largest fluctuations in price premiums, which ranged between 66 and 173 percent. A similar study showed that between 2015 and 2016, there was a 114 percent price premium to conventional at the end of the fourth quarter of 2015. However, in early 2016, the premium widened and the number was above 200 percent, which was significantly higher than the historical average.
The Asia Pacific is expected to be a key revenue generating region in the forecast period. The market is projected to grow at a CAGR of 9.6% in the forecast period. The region is gradually shifting towards organically produced fresh products through major economies such as India, China, and Japan among others. In 2016, the Japanese market for organic fresh food was estimated to be around USD 5.91 billion. Eggs were among the top organic fresh food with a share of around USD 75.3 million.
Further key findings from the report suggest
- Organic Eggs are projected to occupy a significant share of the organic poultry/meat farming market. The segment is projected to grow at a CAGR of 10.1% in the forecast period. Based on a project by Mother Earth News, organic eggs contain two-thirds more vitamin A, three times more vitamin E and seven times more beta carotene than conventional eggs.
- Asia Pacific market is forecasted to grow at a CAGR of 9.6% in the coming years. Increasing adoption of regulations in the production and processing of organic poultry in the region is projected to foster market demand. For example, in India, The National Programme for Organic Production under the Ministry of Commerce and Industry specifies the management techniques required for the speed of growth and production level of the animals.
- Key participants include Yolkshire Valley Farms Ltd, Tecumseh Poultry LLC, Inglewood Properties Pty Ltd, Cargill Meat Solutions, Jaindl’s Farms LLC, Arcadian Organic & Natural Meat, Butterball, LLC, Applegate Farms, LLC, Shenandoah Valley Organic, LLC and Rossdown Farms & Natural Foods. Cargill Meat Solutions is a crucial player in the organic poultry/meat farming market. With a global presence in North America, Europe, Central America, and the Asia Pacific, the company offers a wide range of Value-added Meat & Eggs and poultry. As of 2018, the company’s sales and other revenues accounted for USD 114,695 million.
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For the purpose of this report, Reports and Data have segmented global organic poultry/meat farming on the basis of poultry product, distribution type, meat type, cockerel type, turkey meat type, turkey distribution channel type, application, and region:
Poultry Product Type (Revenue, USD Million; 2016-2026)
-
- Organic Eggs
- Organic Poultry Meat
- Organic Livestock Meat
Distribution Type (Revenue, USD Million; 2016-2026)
-
- Supermarkets
- Specialty Stores
- Online Retailing
- Retail and Departmental Stores
Poultry Meat Type (Revenue, USD Million; 2016-2026)
-
- Organic Free-Range Cockerel
- Organic Turkey Meat
- Other Organic Poultry
Free-Range Cockerel Type (Revenue, USD Million; 2016-2026)
-
- American Class
- English Class
- Australorp
- Mediterranean Class
- Asiatic Class
- Naked Neck
- Hybrid Varieties
- Others
Turkey Meat (Revenue, USD Million; 2016-2026)
-
- Whole Young Turkey
- Ground Turkey
- Turkey Breast
- Others
Turkey Distribution Channel (Revenue, USD Million; 2016-2026)
-
- Supermarkets
- Specialty Stores
- Online Retailing
- Retail and Departmental Stores
Application (Revenue, USD Million; 2016-2026)
-
- Bakery Food
- Body-Building Food
- Processed Meat Product
- Others
Read more at: https://www.reportsanddata.com/report-detail/organic-poultry-meat-farming-market
Regional Outlook (Revenue, USD Billion, 2018-2026)
- North America
- U.S.
- Europe
- Germany
- France
- UK
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
Browse More Reports of Foods & Beverage Category At: https://www.reportsanddata.com/report/category/foods-beverage
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