Chicken strong in Brazilian meat production forecast

18-06-2012 | | |
Chicken strong in Brazilian meat production forecast

Brazilian meat production, buoyed by chicken meat growth will increase by 10.9 million tonnes over the next 10 years according to a study conducted by the Brazilian Ministry of Agriculture and Embrapa.

Chicken, with an annual growth projected to be 4.2%, is expected to have the highest rate of growth in production between 2011/2012 to 2021/2022, followed by beef, with growth estimated at 2.1% per year. Pork is expected to have a growth rate of 2% per year.

The projections also show a growing preference among Brazilian consumers for chicken meat. The increase projected for the next 10 years is 2.7% per year, equating to a domestic consumption of 12.8 million tonnes of chicken meat and 9.4 million tonnes for beef.

The study also forecasts a favourable environment for Brazilian exports, especially for meat, poultry and pigs. The most dynamic products in agribusiness should be cotton, soybeans, chicken, sugar, corn and cellulose, which show the greatest potential for export growth over the next 10 years.

The forecasts for increases in production, consumption and trade are contained in the “Agribusiness Projections 2011/2012 to 2020/2021” report conducted by the Ministry of Agriculture, Livestock and Supply (MAPA), conducted in partnership with the Brazilian Agricultural Research Corporation (Embrapa).