Forecast: Poultry Meat Production at Farm Gate in Mexico

Between 2013 and 2023, poultry meat production at the farm gate in Mexico demonstrated significant fluctuations, encompassing periods of growth and decline. From 2013 to 2023, the production value increased from 4.52 to 5.25 billion euros, reflecting a moderate overall upward trend. Notable dips occurred in 2016 and 2020. The highest year-on-year growth was recorded in 2019, at 15.52%, whereas the steepest decline took place in 2016, at -7.24%. The compounded annual growth rate (CAGR) over the past five years was 3.45%, indicating resilient growth despite intermittent downturns.

Projected figures suggest continued growth in poultry meat production, expected to reach 5.76 billion euros by 2028. The forecasted five-year CAGR stands at 1.48%, with a forecasted five-year growth rate of 7.61%. This outlook hints at a steady, albeit slower, pace of growth compared to the previous decade. Continued expansion is likely, driven by factors such as increasing domestic consumption, advancements in farming technologies, and expanding export markets.

Future trends to monitor include potential impacts from global market fluctuations, changes in feed prices, and evolving consumer preferences towards organic and free-range poultry. Additionally, innovations in sustainable farming practices and the effectiveness of government policies aimed at bolstering the agricultural sector could play critical roles in shaping the industry's trajectory.

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