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Technavio: Global Poultry Market Projected to Grow
The global poultry meat market is expected to post a CAGR of about 4% during the period 2019-2023, according to the latest market research report by Technavio.
A key factor driving the growth of the global poultry meat market is the increasing import and export of poultry meat. Various countries have increased the import of chicken meat in recent years. For instance, Japan, Mexico, Saudi Arabia, China, and Iraq were some of the key importers of chicken meat during 2018. In addition, there has been a significant increase in the import of chicken meat from emerging economies including Philippines owing to the rising demand for chicken meat among the consumers. Therefore, the rising export of chicken meat from...
Frozen Ready Meals Rising in Popularity and Demand
The global frozen ready meals market is expected to post a CAGR close to 5% during the period 2019-2023, according to the latest market research report by Technavio.
Owing to rapid industrialization worldwide the working population has increased at a significant rate. Hectic work schedules have increased the demand for readymade food as well. Besides convenience, consumers look for quality and taste before purchasing frozen ready meals. For example, frozen pizza is one of the most preferred variants of frozen ready meals as they are convenient and are available in a variety of toppings.
Furthermore, consumers that prefer frozen ready meals are the older millennials or the parents of children aged between 7 to 12 years. These consumers are mostly working professionals who prefer...
Global Poultry Eggs Market Shows Growing Prominence of Private Label Brands
The global poultry eggs market is expected to post a CAGR of over 4% during the period 2019-2023, according to the latest market research report by Technavio.
Eggs are a popular choice of protein for a majority of the global population, as they are affordable and healthy. Moreover, egg yolks are a significant source of vitamins, minerals, and fat. They contain fat-soluble vitamin D and are naturally high in choline. Choline promotes normal cell activity, liver function, and the transportation of nutrients throughout the body. It also contributes to ...
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