The global chicken coops market is expected to register a staggering double-digit CAGR of 5% by garnering a market value of US$ 510 Million. The growth of the market can be attributed to:
Backyard chicken farming is a way to produce food locally, reducing the distance it has to travel to reach consumers, and reducing the carbon footprint of food production. Backyard chicken farming allows to control the conditions under which your chickens are raised, such as their diet and living conditions. As chickens are known to eat insects, spiders and other invertebrates, which help control pests in the backyard, the demand for chicken coops market is expected to grow.
People are exhibiting growing interest in raising chickens in a backyard as it is a cost-effective way to produce eggs, especially when compared to buying eggs from the store.
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The chicken coop market in North America is expected to experience steady growth in the coming years, driven by increasing consumer interest in backyard chicken-keeping. The region is home to a large number of small and medium-sized chicken coop manufacturers, and the market is highly fragmented.
However, as the demand for high-quality chicken coops increases, competition is likely to become more intense, with larger manufacturers and retailers potentially gaining market share. Factors such as rising consumer interest in organic and locally-sourced eggs, as well as advancements in technology, such as automatic feeders and waterers, are also expected to play a role in shaping the North American chicken coop market.
The chicken coop market in North America is expected to experience steady growth in the coming years, driven by increasing consumer interest in backyard chicken-keeping. The region is home to a large number of small and medium-sized chicken coop manufacturers, and the market is highly fragmented.
However, as the demand for high-quality chicken coops increases, competition is likely to become more intense, with larger manufacturers and retailers potentially gaining market share. Factors such as rising consumer interest in organic and locally-sourced eggs, as well as advancements in technology, such as automatic feeders and waterers, are also expected to play a role in shaping the North American chicken coop market.
According to Poultry world, the global poultry is slated to shown expeditious growth of 8% during the forecast period (2020 to 2030). Increasing consumption of poultry has significantly increased in past few years.
Fast moving consumer goods (FMCG), is one of the largest growing industry in the world. The afore-mentioned factors are encouraging farmers to invest upon poultry.
Various benefits offered by chicken coops such as protection from predators and several infections popularizes coops in small as well as big poultry farms. Chicken coops are very essential for health and wellness of female chicken as well as provides shield to skin infections.
Increasing demand for effective chicken shelters by poultry owners is driving the demand for chicken coops. Study suggests, chickens lay large number of eggs in a protected environment.
Increasing penetration of internet and high utilization of social media, inclines the approach of small poultry farms. This in turn drive the market in both small scale as well as large scale poultry industry.
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Increasing trend of veganism is anticipated to threaten the market growth. Recent data reveal about 9.7 million Americans has adopted plant based diet, this percentage is anticipated to grow in near future.
Furthermore, risks related to poultry farming such as, high budget to start poultry, threat of widespread infections and some breeds not able to sustain diverse environmental conditions hampers market growth.
North America continues to hold leading share of global chicken coops market during the forecast period (2020 to 2030). The USA remains the largest producer of poultry in the world. According to a survey by Index Mundi, per year production of poultry in the USA is 18,263,000 metric tons.
This increasing production of poultry demands large number chicken coops in the region which proliferates market growth.
Asia Pacific (APAC) remains most lucrative region for chicken coops market growth. High consumption of poultry products, in countries such as China and Malaysia is promoting regional market growth.
The global chicken coops market is consolidated with limited number of market players. These players focus upon R&D activities to develop new products to uphold hegemony in the global market.
Players in the global chicken coops market includes,
The global chicken coops market is segmented on the basis of following,
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