Although highly volatile, the Chicken and Turkey Meat Production industry has experienced positive trends in demand in the last five years. Increasing health consciousness among American consumers has boosted consumption of white meat, which is also more affordable than beef or pork. Conditions in the next five years appear positive for poultry farmers. Falling input prices will enable farmers to increase production volumes; however, many farms will consolidate to gain the benefits of economies of scale.
This industry includes farms that raise chickens, turkeys and other poultry for meat production. In almost all cases, downstream meat processors and food producers supply farmers with chicks, feed and payment, according to contractual agreements. In turn, farmers provide growing facilities, animal care and agricultural expertise. Revenue is recorded in the final prices that farmers receive per average weight of live animal.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.