What Can We Expect in the Future for Global Poultry?

The global poultry industry is at a crossroads. The increasing cost of feed has caused some producers to close up shop, while the remaining ones are doing whatever they can to remain competitive and survive. But despite this challenging climate, there is still hope for the industry in the near future.

As production costs have skyrocketed, poultry producers have resorted to alternative feed sources. These include insect-based diets and alternative grains such as sorghum, while some producers are also looking into using industrial by-products as feed resources. Alternative feed sources could be a sustainable way to reduce costs while still providing quality food products to consumers worldwide.

The global poultry market is expected to undergo some major shifts in the years to come. According to industry experts, the market grown at a rate of 3.8% annually till 2020. This growth is being driven by a number of factors, including the increasing demand for meat in developing countries, the rising popularity of processed poultry products, and the increasing demand for organic meat.

The industry is currently facing a few major challenges. The first is the increasing demand for healthier meat alternatives. Consumers are becoming more and more health-conscious, and as a result, are demanding meat products that are organic, antibiotic-free, and hormone-free. The second challenge is the avian influenza pandemic. This deadly virus has caused massive poultry deaths all over the world, and has had a significant impact on the industry. African Swine Fever in Mongolian region, COVID - 19 surge & recent B.7 Variant and Dramatically roused cost of Shipping containers have moved the world towards De-globalization.

What does this mean for consumers? It means that we can expect to see more and more innovative poultry products hitting store shelves in the years to come. So keep your eyes peeled for products like pre-seasoned and marinated chicken, ready-to-eat wings, and convenient meal combos that include both poultry and sides.

If we mention the Majors about Indian Poultry Market; It is rejuvenating itself in its own way. Many of the consumption centers are now becoming self sufficient in Production also. Policies of Uttar Pradesh Government for Poultry has hit the cord of many domestic exporter neighboring states in India,

Poultry producers are also turning towards technology to help increase their efficiency and reduce costs. Automation, precision agriculture, data analysis, and artificial intelligence are all being used in poultry production today that allow producers to optimize their outputs while minimizing the cost of inputs like feed.

Ultimately, it's up to the global poultry industry to adjust and adapt if it wants to survive this crisis—and it looks like that's exactly what's happening. Although there's no telling what the future will bring, with new technologies and alternative feed sources on the horizon, we could be seeing positive changes in the global poultry market soon.