The duck meat slaughtering industry in Mexico has experienced modest fluctuations over the years. Between 2013 and 2023, the industry saw minor declines and growth, with 2023 standing at 8.58 million units. The most significant decline occurred in 2020 with a 4.72% drop, likely due to disruptions from the COVID-19 pandemic. However, the industry rebounded with a 5.57% growth in 2021. The average annual growth rate (CAGR) over the past five years has stabilized around 0.29%.
Looking forward, the forecast from 2024 to 2028 suggests steady growth at an annual rate of approximately 0.23%, culminating in an overall growth of 1.13% by 2028.
Future trends to watch for:
- Potential impacts of environmental regulations on duck meat production.
- Shifts in consumer demand towards alternative proteins.
- Technological advancements in poultry farming.
