2014-02-25 20:30:03 - Poultry Farming in China - a new market research report on companiesandmarkets.com
In the five years through 2013, revenue in the China Poultry Farming market has been growing at an average annualized rate of 7.7% to $75.3 billion. Industry revenue has been growing steadily due to rises in poultry prices as well as output growth. Total poultry meat output is expected to increase 3.1% to $20.0 million tons in 2013, while revenue is set to grow 9.6%. For a typical poultry farm, returns are largely determined by the feed and poultry price gap.
Over the next five years as the industry continues to mature, revenue growth is set to slow to 7.0% on average per year. Revenue in 2018 is forecast to reach $105.8 billion. China is the largest egg producer in the
world, accounting for over 40% of global production. The domestic market for eggs is near saturation point; in China, egg consumption is about twice the global level. However, there are opportunities for farmers in the poultry meat product segment.
Poultry meat is becoming increasingly important in people´s diets as a healthier alternative to other meats. Additionally, poultry meat represents only 23.0% of total meat consumed in China, much lower than the world average. And although pork is still the most popular meat consumed in China, its share has decreased in recent years.
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