Hungary: How, for example, can the consumption of chicken meat be maintained in the future?

Published 2023년 1월 5일

Tridge summary

Poultry farming costs are expected to rise due to inflation, higher borrowing costs, and the incorporation of new technologies. In the next decade, grain and feed, and animal health and welfare costs will also increase. Sustainability will play a bigger role in the poultry industry, particularly to millennials and Generation X. The industry can move towards sustainability by showing consumers the carbon footprint of products and showing that they come from regenerative agricultural production. Transparency about poultry health and welfare will be key in building consumer trust.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Poultry farming costs continue to rise Regardless of the current situation in Europe, capital costs continue to rise worldwide due to inflation. As an example, wattpoultry.com cites data from the US Federal Reserve, according to which higher borrowing costs are exacerbating rising construction costs. The incorporation of new technologies also increases the costs of both newly built barns and the renovation of existing facilities. In addition, sector experts expect that the costs of grain and other feed, as well as the amounts spent on animal health and welfare, will also increase in the next decade. Younger generations value sustainability more In the next decade, sustainability will play an even bigger role than it does today. The concept of sustainability does not only mean environmental aspects, but also focuses on animal welfare and social issues to a large extent. According to research by IRI and the New York University Stern School of Business, 17% of the poultry meat ...

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