CATEGORY

Poultry

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Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

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Category Alerts


CATEGORY ALERTS

Indonesia to start chicken exports to Singapore amid shortage

July 14, 2022
alert level: High

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Poultry Market Monitoring Dashboard


Price Trend
1.91
Jan-2023
Cents/Lb
History Forecast
Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Poultry Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Poultry category is 3.00%

Payment Terms

(in days)

The industry average payment terms in Poultry category for the current quarter is 160.0 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Poultry Suppliers


    11,627
    Total Suppliers
    588
    Diverse Suppliers
    75
    Normalized Supplier Rating
    Poultry Supplier

    Find the right-fit poultry supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    29

    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82

    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Poultry market report transcript


    Global Market Outlook on Poultry

    The global production of poultry grew at a CAGR of 2.8 percent and consumption by 2.85 percent during 2012–2019. Increase in supply is driven by lower feed cost, which lowers the production cost in turn providing a higher margin in the economies of scale, increase in demand is driven by increased protein consumption and growing population

    • The US is a major producer and China is a major consumer of poultry. Both these markets witnessed a flat production and consumption in the first half of 2020, due to the US–China trade war that affected the poultry industry by affecting the supply of pork
    • The global poultry market was valued at $2.6 billion in 2018, and it is expected to exhibit a CAGR of 3 percent between 2019 and 2027

    Poultry consumption witnessed a consecutive growth, due to increased income and lower meat prices

    • Lower feed cost, increase in preventive disease control, genetic developments, bio security factors, and better margins supported the supply side, along with an increased protein consumption and urbanization to drive the demand
    • Asian producers are likely to increase their competitiveness by increasing integration, more consolidation. Mainly, cooperatives are expected to gain efficiency in producing poultry products 

    Supply–Demand Analysis 

    Increasing demand for cage-free egg and poultry products will cause a shift in the global supply and demand numbers in the next decade, as free range eggs and poultry require large areas for the chickens to grow. This is a challenge to the existing suppliers, where the demand for free range eggs exceeds the supply

    Rapid growth in consumer demand for livestock products in China and India, owing to rising poultry meat and egg production and consumption is expected to fuel growth of the global poultry market. Broiler meat production in China was 700,000 metric tons in 2017, and it increased by 11.7 million metric tons in 2018.

    • Chicken meat consumption increased by 4.77 percent in 2019 compared to 2018
    • Short production cycle enables producers to make use of low risk and higher profitability. Factors like rapid improvement in genetics, feeding practices, and animal health, have also supported the global supplies
    • Currently, the poultry market is oversupplied, even with increasing global demand, the market is likely to be oversupplied in the coming years, as producers are building larger houses to increase the heads

    Market Analysis – US 

    Production

    • The US poultry production witnessed a growth of 2.99 percent CAGR during 2012–2019
    • 2015 witnessed a decrease in the production numbers due to avian flu, which increased the number diseased chicken, unsuitable for consumption and laying eggs
    • Most of the broiler meat producers are vertically integrated owning and operating feed mills, processing plants and further processing units. However, breeding and bird growing are mostly outsourced

    Consumption

    • US poultry intake has been witnessing steady increase in recent year. The US poultry intake kilogram per person stands at around 45.6, 47.8 and 48.4 during 2014, 2015, and 2016
    • Consumption witnessed a drop in 2015, when avian flu affected the poultry industry in the US
    • Consumption to gain momentum in the next few years as people include more egg and poultry in their meals as source of protein