The historical data shows that poultry meat slaughtering in South America increased from 8.66 billion heads in 2013 to 9.92 billion heads in 2023. Analysis reveals variable year-on-year growth rates, with a peak in 2015 at 4.28% and a significant dip in 2020 at -4.05%. Despite fluctuations, the compound annual growth rate (CAGR) over the past five years (2018-2023) stands at 1.22%. By the end of 2023, the year-on-year growth rate reached 1.18%, reflecting a general upward trend albeit with modest acceleration.
Future forecasts show continuous growth, anticipating the figure to reach approximately 10.53 billion heads by 2028. The projected five-year CAGR (2024-2028) is 0.94%, indicating a steady, though slightly slower growth trajectory compared to the past five years.
Key future trends to watch for include:
- Technological innovations in poultry farming and processing.
- Changes in consumer preferences towards poultry meat, driven by health and environmental considerations.
- Policy changes and regulatory impacts affecting poultry production.
