Forecast: Poultry Meat Demand in Argentina

Poultry meat demand in Argentina stood at 2.08 million metric tons in 2023. Observing the data from 2014 to 2023, the yearly consumption has exhibited fluctuations, including a substantial drop in 2020, attributable to a decrease of 16.08%. However, the demand rebounded sharply by 21.8% in 2021. The overall trend has shown a positive growth, culminating in a year-on-year increase of 1.02% by 2023 with a compound annual growth rate (CAGR) of 1.14% over the last five years. Future projections indicate a continued growth trend, with a CAGR of 0.81% expected over the next five years, anticipating a cumulative growth of 4.14% by 2028.

Key future trends to monitor include:

- Economic and population growth, potentially boosting meat consumption.

- Evolving consumer preferences towards healthier and sustainable food options.

- Impact of global trade policies and agricultural practices on domestic poultry production.