The poultry meat slaughtering industry in Brazil has shown a steady pattern of growth over the past decade. From 2013 to 2023, it increased from 5.4811 billion heads to 6.2075 billion heads, representing a CAGR of 1.38%. Notable fluctuations include declines in 2017 and 2020, with the most substantial increase in 2021 at 6.53%. Despite some volatility, especially around 2020, the overall trend appears positive.
For the forecasted period from 2024 to 2028, the industry is expected to grow at a 5-year CAGR of 0.89%, reaching 6.5688 billion heads by 2028. The forecasted growth rate over this period is 4.54%, indicating a continuous but modest increase in poultry meat slaughtering volume.
Looking ahead, industry stakeholders should monitor the following trends:
- Technological advancements in poultry farming and processing aimed at increasing efficiency and yield.
- Fluctuations in global demand and export policies affecting Brazil's poultry industry, considering its significant role as a global supplier.
- Environmental and sustainability concerns impacting regulatory changes and industry practices.
- Potential impacts of emerging diseases and biosecurity measures on poultry production capacities.