The broiler meat consumption in Brazil is forecasted to grow steadily from 2024 to 2028. The starting point is a consumption of 15.14 million metric tons in 2024, increasing to 16.14 million metric tons by 2028. Notably, this represents a growth rate averaging around 1.6% year-on-year from 2024 to 2028. When considering the last available actual data, in 2023, Brazil's consumption was approximately 14.9 million metric tons, translating into an average compound annual growth rate (CAGR) of roughly 2.0% over the five-year forecast period.
Future trends to watch for include:
- Potential impacts of dietary shifts towards plant-based proteins.
- Influence of economic fluctuations on consumer purchasing power and meat consumption habits.
- Policy changes regarding agricultural and environmental impacts influencing broiler production.
- The role of technological advancements in supply chain efficiencies and biosecurity measures.