Hatchery Product Market is Significant structural changes in the chicken business have occurred during the last two decades, including genetic enhancement, contemporary methods of intensive production, and enhanced disease prevention. The developments present several chances for small poultry producers to increase farm revenue, particularly in agricultural countries like India. Consumption of chicken meat has increased rapidly in Southeast Asia, China, and Brazil. In this regard, hatchery items such as incubators, hatchers, and setters are essential for small producers to offer the required environment for the chick. Thus, technological advancements in production and rising demand have created the necessary foundation for the global expansion of hatchery goods in recent years.
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Competitive Landscape:
The Erich Wesjohan Group, located in Germany, has joined Aviagen as a strategic partner, with customers in over 100 countries worldwide. Cobb-Vantress Inc. of Arkansas and Hendrix Genetics B.V., two of the world’s largest animal breeding organizations, are collaborating to expand their leadership position in broiler breeding and genetics. Groupe Grimaud is another enterprise with a substantial presence in layer breeding. Hubbard’s primary goal is to increase the breeding stock’s economic performance and health. Petersime is the world’s biggest provider of incubator and hatchery equipment, having operations in India, China, Brazil, Russia, and Malaysia.
Key Players:
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Regional Analysis:
There will be more than 9 billion people on the world by 2050. Between 2000 and 2030, the increase in per capita demand for chicken meat is predicted to reach 270% in South Asia alone. In 15 years, India will have joined the United States, China, Russia, Brazil, the European Union, and Mexico in producing 70% of the world’s chicken. China, followed by the United States and India, is the world’s top egg producer, accounting for 42% of worldwide output. The United States is the world’s top producer of chicken meat, followed by China and Brazil.
Key Segments of Industry:
- Based on the types of equipment type:
- Incubators
- Single-stage incubators
- Conventional incubators
- Ventilation and Heat control System
- Trays and Baskets
- Trolleys and Egg transport pallets
- Monitoring
- Hatchery feeding system
- Based on types of automation:
- Transfer room
- Automatic Candling and Transfer Machine
- Egg transfer machine
- Egg candling machine
- Chick handling room
- Sexing and Vaccination line
- Chick Counter
- Washing machine
- Based on the sales channel,
- Direct Sales
- Retail Sales
- Modern Retail
- Online Retail
- Others
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