The chicken meat slaughtering industry in Brazil has shown fluctuating growth trends from 2013 to 2023. In 2023, the volume stood at 6.0965 billion heads, representing a 1.11% increase from the previous year. Over the past two years, the market showed moderate volatility with year-on-year variations of 1.14% in 2022 and 1.11% in 2023. The compounded annual growth rate (CAGR) over the last five years also indicated a slight positive trend of 1.36% from 2018 to 2023.
Looking ahead to the forecast period from 2024 to 2028, the CAGR is anticipated to average at 0.88%, with total growth of 4.46% over these five years. This suggests that while slow, steady growth is expected, making strategic adjustments based on shifts within the global market and consumer preferences will be crucial.
Future trends to watch for include:
- Technological advancements in processing and logistics.
- Shifts in consumer demand towards organic and sustainably sourced chicken meat.
- Potential impacts of international trade policies and export demand on production volumes.
