Chile's meat production stood at 1.52 million metric tons in 2023. Over the past decade, the trend has shown minor fluctuations with an average variation per year of 0.26%. The most recent data indicates that from 2022 to 2023, production increased by 0.26%, which is consistent with its past trends. For the forecasted data, the compound annual growth rate (CAGR) from 2024 to 2028 is expected to be 0.21%, leading to a projected value of 1.54 million metric tons in 2028.
Future trends to watch for:
- Impact of environmental regulations on production processes.
- Shifts in domestic and international demand for meat products.
- Technological advancements in meat processing and production efficiency.
- Potential influence of alternative protein sources on meat production.
