World Poultry Feed Production to Reach 125MT in 2017

28 May 2014, at 1:48am

GLOBAL - A new market report forecasts poultry feed output to approach 125 million tonnes in 2017.

Research and Markets has announced the addition of the 'Global Poultry Feed Market - Trends and Forecasts (2014-2020)' report to their offering.

The report says that poultry is the largest meat production segment in the global meat industry. Poultry meat is universally consumed and, unlike beef and pork, is devoid of any religious impact. Globally poultry meat production is expected to increase from 95.7 million tons in 2011 to 124.6 million tons by 2017.

The highest poultry production is expected in developing parts of the world such as China and Brazil because of rising living standards, production cost benefits, and strong export and domestic demand. The poultry industry in these countries also benefits from lenient feed-related regulations.