Hen Global Market Report 2024

Description

“Hen Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on hen market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for hen? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The hen market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product Type: Eggs; Meat
2) By Packaging Type: Vacuum Skin Packaging; Modified Atmospheric Packaging; Overwrap Packaging; Shrink Packaging; Vacuum Thermoformed Packaging
3) By Distribution Channel: Business To Business; Business To Consumer
4) By Application: Food Services; Retail
Companies Mentioned: Tyson Foods Inc.; Pilgrim's Pride Corporation; Foster Farms LLC; Perdue Farms Inc.; Plainville Farms LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A hen pertains to a domesticated female chicken aged over one year. Scientifically named Gallus domesticus, it is recognized as an omnivorous species, consuming insects, seeds, and grains for sustenance. Hens are commonly utilized for meat production and egg laying, serving as a lean protein source for human consumption.

The principal hen products encompass eggs and meat, presented in various packaging methods such as vacuum skin packaging, modified atmospheric packaging, overwrap packaging, shrink packaging, and vacuum thermoformed packaging. Eggs denote the hard-shelled reproductive body of a bird, containing edible contents. These products are distributed through key channels such as business-to-business (B2B) and business-to-consumer (B2C), finding applications in food services and retail.

The hen market research report is one of a series of new reports from The Business Research Company that provides hen market statistics, including hen industry global market size, regional shares, competitors with a hen market share, detailed hen market segments, market trends and opportunities, and any further data you may need to thrive in the hen industry. This hen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hen market size has grown strongly in recent years. It will grow from $250.53 billion in 2023 to $269.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth observed during the historical period can be attributed to factors such as population growth and urbanization, evolving dietary preferences, economic development, practices in livestock farming, and increased awareness of health and nutrition.

The hen market size is expected to see strong growth in the next few years. It will grow to $357.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The anticipated growth in the forecast period can be attributed to emerging health and wellness trends, the adoption of sustainable farming practices, shifts in dietary patterns and increased demand for protein, adherence to regulatory standards and considerations for animal welfare, and concerns related to global food security. Key trends expected in the forecast period encompass a focus on environmental sustainability, the implementation of egg quality assurance programs, a rise in local and small-scale production, innovations in egg-based products, and educational initiatives.

The growth of the hen market is expected to be fueled by the increasing per capita meat consumption. Per capita meat consumption measures the amount of red meat and poultry an average person consumes in a year, measured in retail weight. This rise in consumption is driven by factors such as population growth, urbanization, increased incomes, and the popularity of high-protein diets. Hens dominate meat consumption due to their affordability, low fat content, and provision of high-quality protein with a desirable fatty acid profile. The Food and Agriculture Organization (FAO) agriculture report outlook for 2021-2030, shared by the Organization for Economic Co-operation and Development (OECD), predicts a 0.3% annual increase in global meat consumption per capita, reaching 35.4 kg in retail weight equivalent by 2030. Chicken meat is projected to account for 41% of all protein from meat sources by 2030, indicating a 2% increase. Therefore, the surge in meat consumption per capita is a key driver for the hen market.

The growth of the hen market is expected to be propelled by increasing dietary modifications. Dietary modifications involve intentional changes in eating habits to achieve specific health, nutritional, or lifestyle goals. Integrating eggs from hens into dietary modifications offers high-quality protein, essential amino acids, micronutrients, and benefits such as maintaining eye health, supporting weight management, and contributing to satiety. In June 2022, the Food Standards Agency (FSA) reported that eight out of ten people in the UK had made changes to their eating habits in the past 12 months. Additionally, 23% of adults in Scotland felt their diet had worsened during the epidemic, and 75% acknowledged the need for significant dietary changes for better health. Consequently, the increasing trend of dietary modifications is a driving force for the hen market.

A prominent trend in the hen market is the emergence of product innovations. Major companies in the market are focused on developing new products to maintain their market position. For instance, in December 2022, Do Good Foods, a US-based climate-forward food solutions company, introduced Do Good Eggs, a product aimed at reducing food waste and combating climate change. Do Good Eggs help lower Scope 3 carbon emissions for foodservice businesses while appealing to environmentally conscious consumers. Each dozen of Do Good Eggs prevents approximately one pound of greenhouse gas emissions (CO2e) from entering the atmosphere. The eggs are produced in a cage-free facility with certification.

Major companies in the hen market are directing their efforts toward innovative products such as Naturegg Solar Free Range and Naturegg Omega Plus Solar Free Range Eggs to drive revenues. These nutritionally enhanced eggs provide additional lutein and DHA, omega-3 fatty acids crucial for brain health. In November 2023, Burnbrae Farms, a Canada-based egg company, launched Naturegg Solar Free Range and Naturegg Omega Plus Solar Free Range Eggs. Produced at Burnbrae's solar-powered farm, these products contribute to the company's goal of reducing greenhouse gas emissions. The eggs are a nutritious option, high in protein, vitamins, and minerals, as the birds producing them have access to natural activities such as foraging for insects in suitable weather conditions.

In July 2022, Cargill and Continental Grain Company, a US-based agribusiness joint venture and agriculture investment firm, acquired Sanderson Farms Inc. for an undisclosed amount. This acquisition aims to enhance consumer experiences in food and retail, promoting organic growth in a sector influenced by consumer trends around sustainability, health, and adaptability of chicken. Sanderson Farms is a US-based poultry producer.

Major companies operating in the hen market report are Tyson Foods Inc., Pilgrim's Pride Corporation, Foster Farms LLC, Perdue Farms Inc., Plainville Farms LLC, Bell & Evans Pvt. Ltd., Eversfield Organic Limited, Plukon Food Group B.V., The Hain Celestial Group Inc., Inglewood Group Ltd., JBS S.A., Danish Crown A/S, Vion Food Group, Hormel Foods Corporation, Ayrshire Farms LLC, Sanderson Farms Inc., Koch Foods Inc., Wayne Farms LLC, Mountaire Farms Inc., House of Raeford Farms Inc., Simmons Foods Inc., Cal-Maine Foods Inc., Rose Acre Farms Inc., Rembrandt Enterprises Inc., Michael Foods Inc., Hillandale Farms Corporation, Daybreak Foods Inc., Sparboe Farms Inc., Herbruck's Poultry Ranch Inc., Cooper Farms Inc

Europe was the largest region in the hen market in 2023. Asia-Pacific is expected to be the hen market report fastest-growing region in the forecast period. The regions covered in the hen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the hen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hen market consists of sales of leghorn, rhode island red, plymouth rock chicken, australorp, red star chicken, orpington, white-faced black Spanish, and Sussex chicken. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11019

1. Executive Summary

2. Hen Market Characteristics

3. Hen Market Trends And Strategies

4. Hen Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Hen Market Size and Growth

5.1. Global Hen Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Hen Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Hen Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Hen Market Segmentation

6.1. Global Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Eggs
Meat
6.2. Global Hen Market, Segmentation By Packaging Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Vaccum Skin Packaging
Modified Atomspheric Packaging
Overwrap Packaging
Shrink Packaging
Vaccum Thermoformed Packaging
6.3. Global Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Business To Business
Business To Consumer
6.4. Global Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Food Services
Retail

7. Hen Market Regional And Country Analysis

7.1. Global Hen Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Hen Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Hen Market

8.1. Asia-Pacific Hen Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Hen Market

9.1. China Hen Market Overview
9.2. China Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Hen Market

10.1. India Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Hen Market

11.1. Japan Hen Market Overview
11.2. Japan Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Hen Market

12.1. Australia Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Hen Market

13.1. Indonesia Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Hen Market

14.1. South Korea Hen Market Overview
14.2. South Korea Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Hen Market

15.1. Western Europe Hen Market Overview
15.2. Western Europe Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Hen Market

16.1. UK Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Hen Market

17.1. Germany Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Hen Market

18.1. France Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Hen Market

19.1. Italy Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Hen Market

20.1. Spain Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Hen Market

21.1. Eastern Europe Hen Market Overview
21.2. Eastern Europe Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Hen Market

22.1. Russia Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Hen Market

23.1. North America Hen Market Overview
23.2. North America Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Hen Market

24.1. USA Hen Market Overview
24.2. USA Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Hen Market

25.1. Canada Hen Market Overview
25.2. Canada Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Hen Market

26.1. South America Hen Market Overview
26.2. South America Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Hen Market

27.1. Brazil Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Hen Market

28.1. Middle East Hen Market Overview
28.2. Middle East Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Hen Market

29.1. Africa Hen Market Overview
29.2. Africa Hen Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Hen Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Hen Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Hen Market Competitive Landscape And Company Profiles

30.1. Hen Market Competitive Landscape
30.2. Hen Market Company Profiles
- 30.2.1. Tyson Foods Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Pilgrim's Pride Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Foster Farms LLC
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Perdue Farms Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Plainville Farms LLC
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Hen Market Competitive Benchmarking

32. Global Hen Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Hen Market

34. Hen Market Future Outlook and Potential Analysis

34.1 Hen Market In 2028 - Countries Offering Most New Opportunities
34.2 Hen Market In 2028 - Segments Offering Most New Opportunities
34.3 Hen Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer