COVID-19 restrictions have affected the poultry industry across the world in H1-2020. Supply reduction followed from lower placements and parent stock reductions. The impact of Covid-19 on economies will drive the market for the remainder of the year. In a more volatile and price driven market poultry might benefit, being the cheapest meat protein with a short and flexible production cycle. The US is one of the world’s main poultry producing regions. In 2020, the US market is expected to show a minimum growth.
Erik Visser, Hamlet Protein CEO, indicated, “Hamlet Protein has a strong track record in piglet and calf nutrition. We have a clear ambition to grow in poultry as well. That is why we invest in people and research, specifically in the US.”