The Guinea Fowl and Goose Meat slaughtering industry in Argentina has experienced a gradual decline over the past decade, dropping from 194 thousand units in 2013 to 172 thousand units in 2023. This signifies a slow yet consistent decrease with some minor fluctuations. Notably, the industry saw an uptick in 2021 with a 4.66% rise but returned to a downtrend afterward. This overall decline is reflected in a CAGR of -0.57% from 2019 to 2023.
Looking forward from 2024, the industry is forecasted to continue its decline, albeit at a slower average annual rate. The anticipated CAGR from 2024 to 2028 stands at -0.34%, indicating a moderate dampening in the pace of reduction. By 2028, the slaughtering volume is projected to reach 168.4 thousand units.
Future trends to watch for include:
- Potential changes in consumer preferences towards alternative poultry and meats.
- Impact of economic conditions on the meat processing industry.
- Advances in meat production technology that could affect supply dynamics.