In 2024, Brazil and Argentina lead global protein meal production, contributing significantly with forecasted outputs of 38.75 and 35.29 million metric tons respectively. Brazil's production is bolstered by a 2.14% year-on-year increase projected through 2030, revealing sturdy growth. Meanwhile, Argentina shows modest growth with a 0.51% annual increment.
Smaller players, like Thailand and Paraguay, also register solid gains of 1.45% and 1.88%, respectively, indicating potential market expansion. Other countries such as Vietnam, the UK, and the Philippines contribute less to the overall output but demonstrate notable annual growth rates, emphasizing their increasing role.
Future trends to watch include technological advancements enhancing production efficiency, shifts in consumer preferences towards plant-based proteins, and geopolitical changes impacting trade dynamics. With environmental concerns rising, sustainable production practices will become crucial, potentially reshaping global production and distribution strategies.
Top countries in Protein Meals Production by Country
| # | 9 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 38,750 | 2030 | +1.99% | +2.14% | View data |
| 2 | 2 Argentina | 35,290 | 2030 | +0.5% | +0.51% | View data |
| 3 | 3 Thailand | 3,800 | 2030 | +1.4% | +1.45% | View data |
| 4 | 4 Paraguay | 3,280 | 2030 | +1.78% | +1.88% | View data |
| 5 | 5 Vietnam | 1,750 | 2030 | +1.11% | +1.17% | View data |
| 6 | 6 United Kingdom | 1,650 | 2030 | +0.25% | +0.24% | View data |
| 7 | 7 Philippines | 1,310 | 2030 | +1.03% | +1.03% | View data |
| 8 | 8 Peru | 348.5 | 2030 | +0.94% | +1.01% | View data |
| 9 | 9 Ethiopia | 109.71 | 2030 | +1.63% | +1.67% | View data |
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