In 2023, Brazil's poultry meat excess feed cost was approximately 98.3 million US dollars. Looking ahead, from 2024 to 2028, there is a gradual increase forecasted, with values rising from 101.3 million US dollars in 2024 to 113.93 million by 2028. This indicates a consistent upward trend with an average annual growth rate (CAGR) of roughly 3% over these five years.
Future trends to watch for:
- Monitor fluctuations in global feed prices that could impact cost predictions.
- Watch for advancements in feed efficiency technologies that may alter cost dynamics.
- Keep an eye on regulatory changes affecting feed production and pricing.