Based on the data, the domestic consumption of chicken meat in Brazil will rise from 10.28 million metric tons in 2024 to 11.15 million metric tons in 2028. The consumption for the previous year 2023 stood at 10.06 million metric tons. Year-on-year variations are as follows: 2.17% for 2024-2025, 2.10% for 2025-2026, 2.05% for 2026-2027, and 1.92% for 2027-2028. This results in a compound annual growth rate (CAGR) of approximately 2.06% over the forecasted period from 2024 to 2028.
Future trends to watch for include potential impacts from shifts in consumer preferences towards alternative proteins, government policies affecting the poultry industry, and economic factors such as GDP growth, which could influence disposable income levels and thus meat consumption patterns. Additionally, monitoring changes in feed costs and other input prices will be crucial as they can affect chicken meat production and prices.
