The Global Precision Poultry Nutrition industry is estimated to be worth USD 6.5 billion by 2024. It is projected to reach USD 10.6 billion by 2034, reflecting a CAGR of 6.4% over the forecast period 2024 to 2034.
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The poultry sector is the fastest growing in the meat segment. Thus, improving poultry productivity and overall health is important to meet the needs of the growing global population.
According to a survey, chicken meat production in the Asia Pacific especially in china exercising fastest growth in 2024. as well as poultry meat consumption in the United States is on the rise, as it is considered one of the convenient and easily available food option.
The key factors driving the market include, increasing demand for poultry meat products, growing awareness among the consumers about safe and resourceful methods of sourcing food for the increasing world population, which is one of the most prominent factors boosting poultry sales.
Poultry is an important economic animal and provides a high-quality protein source for human nutrition. Poultry provides a variety of essential nutrients, it generally has a content of 60% protein, 12% fat, and 3% calcium respectively.
The consumption of poultry meat is a growing global trend, leading to an increasing demand for meat poultry-based products. As a result, the demand for precision poultry nutrition is expected to rise to meet nutrition requirements.
Nowadays Customers are becoming aware of high-quality foods and are willing to pay high amount for the same. Precision Poultry Nutrition products are improving the nutrient composition of farmed poultry to improve the industry potential.
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