Poultry meat production at the farm gate in Brazil reached 12.25 billion USD in 2023, showing a minor decline of 0.072% from the previous year. Over the last two years, the value fluctuated slightly, maintaining a relatively stable stance with small decreases. The 5-year CAGR from 2018 to 2023 is approximately 1.1%, indicating a modest recovery from prior years' declines. The longer-term analysis reflects a mix of significant growths and contractions, with the largest decrease of 22.97% occurring in 2015.
Looking forward, the forecasted data from 2024 to 2028 shows a slight downward trend with a forecast 5-year CAGR of -0.05%, suggesting the market will experience minimal contraction. Trends to watch include potential impacts from global economic conditions, changes in consumer preferences towards poultry, and advancements in farming technology that could drive production efficiencies or disruptions.
