Market Forecast by Countries (United States, Canada), By Product Type (Beef, Pork, Chicken Meat), By End Users (Food Processing Industry, Food Service Providers, Household/ Retail), By Distribution Channel (B2B Direct, Hypermarkets/ Supermarkets, Convenience Stores, Specialty Stores, Butcher Shop/ Wets, Online Retailing) And Competitive Landscape
Product Code: ETC437305 | Publication Date: Nov 2022 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Livestock and Poultry Market |
Forecast period | 2024-2030 |
CAGR | 4.58% |
Growing Sector | Food Processing |
The North America Livestock and Poultry Market Report thoroughly covers the market by Countries, Product Type, End Users and Distribution channel. The North America Livestock and Poultry Market Outlook report provides an unbiased and detailed analysis of the ongoing North America Livestock and Poultry market trends, opportunities/high growth areas and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The North America Livestock and Poultry market is predicted to experience substantial growth driven by evolving consumer tastes and increased demand for protein-rich diets. The market growth is stimulated by increased livestock farming and demand from the food processing industry.
According to 6Wresearch, The North America Livestock and Poultry Market size is projected to grow at a CARG of 4.58% during 2024-2030. Rising consumer demand for protein-rich diets, coupled with growing awareness of the nutritional benefits of meat and poultry products, drives the overall consumption of livestock and poultry in North America. These products are essential protein sources for a large segment of the population, contributing to market growth. The boom in online retailing and the growing reliance on convenience stores have also contributed to the market expansion.
Despite the growing demand for Livestock and Poultry in North America, the market faces challenges such as disease outbreaks, such as avian influenza and porcine epidemic diarrhea virus, pose significant threats to livestock and poultry health and production in North America. Maintaining robust biosecurity measures, disease surveillance, and rapid response protocols is crucial to prevent and control the spread of diseases within the industry.
The North America Livestock and Poultry Market is experiencing significant growth, with key players like Tyson Foods, Smithfield Foods, Pilgrim's Pride, and Hormel. These industry leaders are recognized for their quality products and sustainable farming practices.
Government funding for agricultural research, technology development, and innovation drives advancements in livestock and poultry production practices in North America. Investments in research programs, extension services, and knowledge transfer initiatives facilitate improvements in animal genetics, nutrition, disease management, and sustainability within the industry. Government policies addressing climate change, greenhouse gas emissions, and environmental sustainability impact the livestock and poultry market in North America. Initiatives promoting carbon sequestration, renewable energy adoption, and sustainable farming practices aim to mitigate environmental impact, enhance resilience, and promote climate-smart agriculture in the sector.
The future of the livestock and poultry market in North America will witness increased adoption of technology-driven solutions such as precision farming, IoT sensors, data analytics, and automation tools. Technology integration will enhance production efficiency, animal welfare monitoring, and farm management practices to optimize operations and drive sustainable growth. Sustainability initiatives, eco-friendly practices, and environmental stewardship will be central to the future of the livestock and poultry industry in North America. Producers will focus on reducing carbon footprint, water usage, and waste generation while implementing sustainable farming methods, renewable energy sources, and circular economy principles to align with consumer expectations and regulatory requirements.
According to Ravi Bhandari, Research Head, 6Wresearch,ย the "United States" segment is witnessing rapid growth due to the increasing population and changing consumer preferences.
The "Chicken Meat" segment is a major contributor to the market, driven by the rising preference for poultry in consumer diets.
The Food Processing Industry in North America is witnessing growth in the consumption of value-added livestock and poultry products such as ready-to-eat meals, processed meats, and convenience foods.Consumer preferences for convenient, nutritious, and high-quality food options are driving the demand for processed meat and poultry items.
The "Online Retailing" channel is dominating in this segment due to its convenience and increasing digitization.
The report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Livestock and Poultry Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Livestock and Poultry Market Revenues & Volume, 2020 & 2030F |
3.3 North America Livestock and Poultry Market - Industry Life Cycle |
3.4 North America Livestock and Poultry Market - Porter's Five Forces |
3.5 North America Livestock and Poultry Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 North America Livestock and Poultry Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 North America Livestock and Poultry Market Revenues & Volume Share, By End Users, 2020 & 2030F |
3.8 North America Livestock and Poultry Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 North America Livestock and Poultry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Livestock and Poultry Market Trends |
6 North America Livestock and Poultry Market, 2020 - 2030 |
6.1 North America Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
6.2 North America Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
6.3 North America Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
7 United States Livestock and Poultry Market, 2020 - 2030 |
7.1 United States Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
7.2 United States Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
7.3 United States Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
8 Canada Livestock and Poultry Market, 2020 - 2030 |
8.1 Canada Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
8.2 Canada Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
8.3 Canada Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
9 North America Livestock and Poultry Market Key Performance Indicators |
10 North America Livestock and Poultry Market - Opportunity Assessment |
10.1 North America Livestock and Poultry Market Opportunity Assessment, By Countries, 2020 & 2030F |
10.2 North America Livestock and Poultry Market Opportunity Assessment, By Product Type, 2020 & 2030F |
10.3 North America Livestock and Poultry Market Opportunity Assessment, By End Users, 2020 & 2030F |
10.4 North America Livestock and Poultry Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
11 North America Livestock and Poultry Market - Competitive Landscape |
11.1 North America Livestock and Poultry Market Revenue Share, By Companies, 2023 |
11.2 North America Livestock and Poultry Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |