Forecast: Poultry Meat Slaughtering in Chile

From the analysis of poultry meat slaughtering in Chile, the value in 2023 stood at 333.55 million units, marking a year-on-year increase of 1.65%. Over the last two years, the trend showcased a CAGR of 1.62%. The data reflects a consistent upward trajectory from 2013, with occasional dips such as in 2020 when a decrease of 3.27% was noted. The sector demonstrated resilience particularly in 2021 with a strong rebound of 7.14% year-on-year.

Moving forward to 2028, the forecasted data predict an average annual growth rate (CAGR) of 1.29%, indicating continued albeit moderate expansion in the poultry meat slaughtering industry in Chile. The overall growth rate forecast for the next 5 years is 6.6%.

Future trends to watch for include potential impacts from evolving consumer preferences towards alternative proteins, technological advancements in poultry farming and processing, as well as regulatory changes affecting the meat industry. Monitoring these factors will be crucial in assessing the long-term outlook for the poultry sector in Chile.