Poultry Quarterly Q4 2022: Keeping Chicken Affordable in Times of Major Cost and Supply Challenges

The outlook for the global poultry industry is for strong market conditions, despite ongoing operational challenges.

Report summary

The outlook for the global poultry industry in Q4 2022 and early 2023 remains strong, despite the big challenges across global poultry as well as some recent setbacks in North America. From a market perspective, a weaker economic climate with pressure on spending power will lead to more price-driven consumer behavior, which supports poultry consumption as it is the cheapest meat protein option...

Plant-based Meat Market - 40% of Growth to Originate from North America

The plant-based meat market size is expected to increase by USD 7.21 billion from 2020 to 2025, at a CAGR of 25.14% as per the latest market report by Technavio. The plant-based meat market share growth in the plant-based beef segment will be significant during the forecast period. The growing health consciousness among consumers is increasing the demand for plant-based protein products, particularly, plant-based beef. In addition, the increasing number of product launches and innovations will drive the growth of plant-based beef...

Justice Department & USDA Start Program for Farmers, Ranchers to Report Anticompetitive Practices

Today, the U.S. Departments of Justice and Agriculture (USDA) launched farmerfairness.gov, a new online tool that allows farmers and ranchers to anonymously report potentially unfair and anticompetitive practices in the livestock and poultry sectors. The launch of the new portal will advance the goals of Biden-Harris Administration’s Action Plan for a Fairer, More Competitive, and More Resilient Meat and Poultry Supply Chain, including by creating more competitive agricultural markets that are fairer to producers and consumers. As part of the agencies’ enforcement partnership, the agencies are...