The poultry meat processing industry in South America experienced a significant decline in 2015 with a substantial year-on-year decrease of 33.33%, falling from 3 Thousand Metric Tons in 2014 to 2 Thousand Metric Tons. Since then, the industry has exhibited strict stagnation, maintaining a steady volume of 2 Thousand Metric Tons from 2015 through 2023, including the forecast period up to 2028. This indicates a compound annual growth rate (CAGR) of 0% over the last five years, underscoring a lack of growth and dynamism in this sector.
Future trends to watch for include:
- Potential policy changes or economic developments in key South American countries such as Brazil and Argentina.
- Shifts in consumer preferences towards alternative proteins or changes in dietary habits.
- Impact of technological advancements in poultry processing and supply chain optimization.
- Possible effects of trade agreements or conflicts on export and import volumes.
