Growing demand for poultry is fueling a rise in global imports of poultry products. [1] The consumption of poultry has been increasing globally, driven by factors such as population growth, rising incomes, and urbanization. [2][3] As a result, countries with high domestic demand but insufficient local production are turning to imports to meet the increasing need for poultry. [2]
Poultry production has grown significantly over the past decade, increasing from 94 million tons in 2009 to 131 million tons by 2019, a 39% growth. [2] However, exports have also grown substantially, going from 14 million tons in 2009 to 19.9 million tons in 2019, a 37.1% increase. [2] Asia and Latin America are the leading producers, while Europe and the Americas are the main exporting regions. [2]
The global poultry market is expected to continue its growth trajectory, with forecasts indicating a 4.1% increase between 2021 and 2025, reaching a production of 100.9 million metric tons. [2] This rising demand and trade in poultry products highlights the importance of the poultry industry in global food security and international markets.
Citations:
[1] https://twitter.com/USDA_ERS/status/1798727752444702994
[2] https://www.veterinariadigital.com/en/articulos/global-poultry-market-dynamics-and-current-trends/
[3] https://www.cambridge.org/core/journals/world-s-poultry-science-journal/article/abs/global-poultry-production-current-state-and-future-outlook-and-challenges/F1B63093BBC0F6AD8E5CDC79C34E5EAD
[4] https://www.researchgate.net/publication/316052907_Global_poultry_production_current_state_and_future_outlook_and_challenges
[5] https://www.poultryworld.net/the-industrymarkets/market-trends-analysis-the-industrymarkets-2/global-poultry-sector-shows-signs-of-recovering-market-growth/