Market Overview:
The Global Organic Chicken Market size is expected to grow from USD 7.97 billion in 2022 to USD 12.70 billion by 2030, at a CAGR of 6% during the forecast period (2023-2030).
Organic chicken refers to that type of chicken meat that has been produced differently without using conventional methods, and this farming practice has some clear industrial practices that make it a wiser option to pick. Chickens raised as such are given organic feed and access to the outdoors, instead of being kept in paper-sheet-sized cages. They are served with a balanced diet and kept in hygienic places, which helps control the propensity of any disease outbreak. The application of antibiotics and feed composed of other animal parts is prohibited, and antibiotics are given to the animals only when their use is unignorably required. Speaking of its nutritional content, it contains fat and proteins and is rich in vitamins B6 and B12, along with zinc, potassium, folate, and magnesium.
Top Key Players for Organic Chicken Market:
Eight Mile Creek Farm, Kingbird Farm, Many Hands Organic Farm, Nick's Organic Farm, Hershberger Heritage Farm, Greener Pastures Chicken, Sanderson Farms, Plukon Food Group, Eversfield Organic, Smithfield, Plainville Farms LLC, Bell & Evans, Tyson Foods Inc., Hormel foods and other major players.
Market Dynamics and Factors for Organic Chicken Market:
Drivers:
Augmenting Awareness about Organic Food is Driving the Organic Chicken Market
During the COVID-19 pandemic, demand for organic food increased as consumers perceived it to be healthier and better for their immune systems. However, the demand for organic food is growing in different regions as well. After the 2020 pandemic, there was a paradigm shift as consumers started buying more organic food as a preventive health measure. This change in perception may continue to drive the growth of the organic chicken market in the future. Fruits and vegetables account for the largest share of the organic food market, followed by bread, grains, milk, and meat.
Opportunities:
Nutritional and Insect Meal
Insects are an important protein component of diets for free-range chickens, but commercial chicken feed contains other proteins such as soybean meal, resulting in high conversion and production rates. A recent study published in the journal Animals found that replacing traditional proteins in certified organic chicken feed with insects (Calliphorid fly larvae; CLM) resulted in similar production results. and higher meat quality. In addition, the use of earthworms as a source of protein in poultry feeds presents an opportunity to provide environmental services, as they have a balanced nutrient content (e.g. fatty acids) and composition. Amino acids are similar to or even better than soy or fish. meal.
Segmentation Analysis of the Organic Chicken Market:
By Product Type, the Eggs segment is anticipated to hold the highest market share over the forecast period. Organic eggs are healthier to eat than conventional eggs because the chickens are provided organic food and are not given any antibiotics unless the chicken is unhealthy. Organic eggs have higher levels of omega-3 fatty acids than non-organic eggs.
By End User, the Foodservice segment is anticipated to register a significant growth rate for the organic Chicken market over the forecast period. Rising demand for organic chicken by the food service outlets over the last five years. Foodservice outlets are facilities that serve meals and snacks for immediate consumption on site (food away from home).
Regional Analysis of the Organic Chicken Market:
Asia-Pacific is expected to dominate the organic chicken market during the forecast period. The poultry industry in the Asia-Pacific region has entered mass production, driven by either internal demand or the growing market share of catering outlets. On the other hand, the availability of lower-priced poultry products, fueled by the growing share of the middle class, has positively impacted the growth of the industry.
Key Industry Development:
In June 2022, The US meat processing and packaged food group Tyson Foods declared the acquisition of the organic chicken brand Tecumseh Poultry LLC. The company has not provided any details about the transaction. Tyson Foods currently plans to operate Tecumseh Poultry as a separate, wholly-owned subsidiary and anticipates retaining its about 600 team members, including operations staff, sales teams, and management. The acquisition also includes the air-chilled Smart Chicken brand.
In August 2021, Cargill and Continental Grain Company have acquired chicken producer Sanderson Farms. With this acquisition, Cargill is focusing on expanding its poultry business in the United States. Once the transaction is complete, Cargill and Continental Grain will merge Sanderson Farms with Wayne Farms - a subsidiary of Continental Grain - to form a new private poultry company. According to Cargill, the acquisition will create an American poultry business with a high-quality asset base and complementary operating cultures.
