POULTRY MARKET ANALYSIS

Leading Companies

Global Poultry Market - Recent Developments

August 2022: Tyson Foods has announced the expansion of its Caseyville Prepared Foods Facility. The USD 180 million investment project will help meet the growing demand for Tyson Foods’ iconic Hillshire Farm® and Jimmy Dean® branded products. The first line is expected to begin production this fall with the expansion set to be completed in the summer of 2023. The Caseyville plant currently produces Hillshire Farm® and Jimmy Dean® products and the 170,000 square foot expansion will specifically allow a larger production of grab-n-go snacking and breakfast items.

July 2022, a U.S. - Based Tyson Foods,Inc. and Saudi-grounded Tanmiah Food Company have accessed into a collaboration. Tyson Foods acquired a 15% equity stake in Tanmiah subsidiary Agriculture Development Company (ADC) and a 60% equity stake in Supreme Foods Processing Company. This investment will enable consumers to access poultry inventories in Saudi Arabia to meet the growing demand for protein in the Middle East and other markets.

July 2022: BRF Sadia inaugurated its new plant, 'Al Joody,' in Dammam, Saudi Arabia, which helps in increasing its monthly production capacity to 1,200 tons of food, which will play an integral role in the growth and development of the poultry industry locally, in the interest of the Saudi consumer.

The Cobb Research Initiative has been created to bring together diverse scientific research disciplines to create advancements in protein production and propel poultry genetics further. 

Global Poultry Market – Key Players

Key companies operating in the Global Poultry Market include Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Wens Foodstuff Group Co. Ltd., BRF S.A., Perdue Farms, Sanderson Farms, Baiada Poultry, Bates Turkey Farm, and Amrit Group.