European Poultry Market Growing and Still Has Much Potential
Submitted on Aug 23, 2010 (Original item from 2010)
Farmed Animals | Data and Statistics | Factory Farming | International Research | Meat, Dairy, Egg Consumption
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Short Description:
This overview of the European poultry market predicts growth of 8% by the year 2015, with consumption anticipated to grow by 9% in the European Union (EU); average EU poultry consumption was 22.2 kg per capita in 2008.
Abstract:
Global poultry consumption patterns are changing. In 1970, 70% of the poultry sold in the U.S. was whole and 11% was further processed, while in 2009 only 4% was sold whole and 48% was further processed. Moreover, since the 1980s fast food has changed the market even more by introducing nuggets, wraps, and other highly-processed foods; foodservice outlets now account for 42% of chicken sales in the U.S.
In Britain, the five largest retailers account for 85-90% of poultry sales. By the year 2030, experts predict that poultry will overtake pork as the world's preferred animal protein. As a whole, the global market for meat will increase by 40% over the next 20 years, although 70% of the growth in demand will come from Asia, and in particular from China.
Spot Check Number:
1455
Sponsor:
CeePackaging
Animal Type:
Poultry
Record Type:
News Article
Research Method:
Unknown or Not Applicable
Geographic Region:
International
Number of Participants:
Not Applicable
Population Descriptors:
World Poultry Market
Year Conducted:
2010
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