Feed & Additive Magazine Issue 2 March 2021

MARKET REPORT 80 FEED & ADDITIVE MAGAZINE March 2021 Global Poultry Industry and Trends The poultry sector, which has an extremely important place in terms of food safety and nutrition, is the fastest growing agricultural sub-sector, especially in developing countries. It is thought that factors such as population growth, income level growth, and urbanization will contribute to the growth of the sector in the future. The poultry sector, which has a market value of $ 310.7 billion in 2020, is expected to grow to $ 322.55 billion in 2021 and record at compound annual growth rate (CAGR) of 3.8%. The market is expected to hit $ 422.97 billion in 2025 with a CAGR of 7%. By Derya Yıldız