Between 2013 and 2023, poultry meat consumption at the farm gate in Mexico increased steadily from 3.37 to 4.73 million metric tons. This upward trend is characterized by year-on-year variations between 1.03% and 7.60%. In the most recent period, there was a 2.37% increase from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years stood at 2.74%, reflecting consistent growth.
Forecasted consumption continues to rise, reaching 5.27 million metric tons by 2028. The forecasted 5-year CAGR from 2024 to 2028 is 1.72%, emphasizing a slower yet steady growth trajectory, with an estimated 8.89% total increase over this period.
Future trends to watch for include:
- Changes in consumer preferences towards alternative protein sources.
- Sustainability concerns and their impact on poultry farming practices.
- Potential regulatory changes affecting poultry production and consumption.
- Technological advancements in poultry farming to enhance yield and efficiency.