there is this one market sizing questions where I can’t wrap my head around the solution:
How many chicken farms are there in the world?
I have found an approach on how to solve the question, but am not really happy with it. Do you have any recommendations on how to improve my approach?
Many thanks in advance!
No. of chicken farms = No. of chickens worldwide / No. of chickens per farm
No. of chickens worldwide = Yearly chicken meat consumption per person / Average weight of chicken meat produced out of one chicken
Yearly chicken meat consumption per person = (Average weekly consumption per person * 52) / No. of people eating chicken
No. of people eating chicken = World population * Percentage eating chicken