Forecast: Poultry Meat Production in Brazil

Poultry meat production in Brazil saw significant growth from 2013 to 2023, increasing from 12.492 million metric tons to 15.398 million metric tons. Over this period, year-on-year variations fluctuated, with notable increases in certain years, such as 2015 (5.04%) and 2021 (7.32%), but also minor declines in years like 2018 (-0.54%) and 2020 (-2.15%). The Compound Annual Growth Rate (CAGR) for the last five years stood at 1.76% by 2023, reflecting a moderate growth trajectory.

Looking ahead, forecasts predict continued growth in poultry meat production, reaching 16.827 million metric tons by 2028. The five-year CAGR from 2024 to 2028 is projected at 1.4%, with an overall forecasted growth rate of 7.19% over this period.

Future trends to watch include advancements in poultry farming technology, shifts in domestic and international demand, and potential impacts of climate change on agricultural practices. Additionally, monitoring feed costs and regulations concerning poultry health and safety will be crucial for understanding the industry's trajectory.

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