World - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Turkey Meat - Market Analysis, Forecast, Size, Trends And Insights

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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.


Get FREE access to the latest data and statistics on the Turkey Meat Market.

Turkey Meat - World's Largest Markets

RatingCountry
1United States
2Germany
3Brazil
4Italy
5Poland

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

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Canada12761414172116.1%
Brazil213123731854-6.7%
Russia1865155321908.4%
Netherlands2030169822274.7%
Spain233320452318-0.3%
United States19921945248111.6%
France19062169249814.5%
Chile298224722688-5.1%
Italy293425832793-2.4%
Israel299924872830-2.9%
Poland326325442955-4.8%
Germany306629593062-0.1%
Hungary348528363193-4.3%
Average2570232826411.4%

Prices varied noticeably by the country of origin; the country with the highest price was Hungary ($3,193 per ton), while Canada ($1,721 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Austria475040984290-5.0%
United Kingdom3499325437753.9%
France376935843598-2.3%
Belgium3150282634164.1%
Portugal355329793281-3.9%
Spain3017293132313.5%
Netherlands23443130296212.4%
Germany309827082851-4.1%
Romania2655241928273.2%
Mexico2087202525059.6%
China253419082142-8.1%
Poland15529081293-8.7%
Benin13891293943-17.6%
Average2565239326191.0%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Austria ($4,290 per ton), while Benin ($943 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

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Turkey Meat - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Mexico0.30.30.411.9%
Germany0.40.30.3-13.5%
Belgium0.10.10.12.3%
France0.10.10.13.4%
Austria0.10.10.1-3.5%

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

COUNTRY201920202021CAGR,
2019-2021
billion USD
Poland0.70.50.6-10.0%
United States0.50.40.55.4%
Germany0.30.30.3-0.7%
Italy0.20.20.2-4.9%
France0.10.10.1-0.9%

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

This report provides an in-depth analysis of the global turkey meat market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1080 - Turkey meat

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Butterball, Cargill, Cooper Farms, Dakota Provisions, Farbest Foods, Foster Farms, Hain Pure Protein Corp, Jaindl Turkey Sales, Jennie-O Turkey Store, Koch’s Turkey Farm, Kraft Foods, Norbest, Northern Pride Turkey, Perdue Farms

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Producing Animals, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Producing Animals, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Producing Animals, By Country, 2023
    25. Producing Animals, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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