Poultry consumption boom spurs production, diversification, competition
Consumer interest in poultry is growing rapidly and industry experts
forecast that demand will continue to increase in a stabile trend. Not
surprisingly, poultry companies listed on the Warsaw Stock Exchange (WSE)
recorded very good results in the first three months of this year, and
industry executives and specialists expect the coming months will be even
better. Indykpol's sales, for example, increased from zl.73.7 million to
zl.109.8 million year-on-year. The only problem may stem from the fact that
some companies which till now specialized exclusively in red meat production
are diversifying and beginning to produce poultry as well. As a result,
poultry companies may well begin experiencing problems in obtaining raw
materials, since prices could increase due to greater demand. Poultry
companies are also afraid of competition from giant meat producers which
until now have operated on a different segment of the market. Meat producers
control a larger part of the market and boast a more extensive distribution
network. (Prawo I Gospodarka, p.1) A.D.