Turkey Meat Market

Turkey meat market: enjoy new datasets empowered by an Ai-driven market intelligence tool. Statistics include market size, trade, market prices, imports, production, exports, companies, and consumption. There is a breakdown by region, including EU, Latin America, the U.K., China, the Middle East, the U.S., Russia, and Africa. Market insights and forecast to 2030 are also provided in the dashboards.

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Turkey Meat - World's Largest Markets

In value terms, the United States led the market, alone. The second position in the ranking was occupied by Germany. It was followed by Brazil.

From 2019 to 2021, the average annual growth rate of value in the United States was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: Germany (-2.7% per year) and Brazil (+3.9% per year).

Turkey Meat Prices

Turkey Meat - Top Importers

In value terms, Mexico ($393M), Germany ($279M) and Belgium ($127M) appeared to be the countries with the highest levels of imports in 2021, with a combined 33% share of global imports.

In terms of the main importing countries, Mexico recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Turkey Meat - Top Exporters

In value terms, the largest turkey meat supplying countries worldwide were Poland ($562M), the United States ($536M) and Germany ($341M), with a combined 56% share of global exports. Italy, France, Spain, Hungary, Israel, the Netherlands, Chile, Brazil, Russia and Canada lagged somewhat behind, together comprising a further 35%.

In terms of the main exporting countries, Russia (+171.5% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Turkey Meat - Market Forecast

Driven by rising demand for turkey meat worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Turkey Meat - Top Companies

Inner Mongolia Xilin Guole Meat Foodstuffs Co., Ltd., Pilgrim's Pride Corporation, BRF S/A, Perdue Farms Inc., Sanderson Farms, Inc., Foster Poultry Farms, Wayne Farms LLC, Pilgrim's Pride Corporation of Georgia, Inc., HKScan Oyj, Dongjian Branch of Zhanjiang Food Enterprise Group Corporation, Atria Oyj, Nash Johnson & Sons Farms, Inc., Jennie-O Turkey Store, Inc., Fujian Sunner Development Co., Ltd., Mountaire Corporation, STEGGLES PTY LIMITED, BARTTER ENTERPRISES PTY. LIMITED, STEGGLES FOODS PRODUCTS PTY LIMITED, STEGGLES HOLDINGS (SHL) PTY LIMITED, BARTTER PTY LIMITED

Turkey Meat - Product Coverage

• HS 020724 - Meat and edible offal; of turkeys, not cut in pieces, fresh or chilled
• HS 020725 - Meat and edible offal; of turkeys, not cut in pieces, frozen
• HS 020726 - Meat and edible offal; of turkeys, cuts and offal, fresh or chilled
• HS 020727 - Meat and edible offal; of turkeys, cuts and offal, frozen

Source: IndexBox Market Intelligence Platform