Argentina poultry consumption forecast to rise in 2025

Published 2024년 12월 13일

Tridge summary

The USDA Foreign Agricultural Service in Argentina predicts a slight increase in domestic chicken consumption to 2.37 MMT in 2025, with per capita consumption reaching 49.4 kg due to chicken's price-competitiveness. High inflation rates and stagnant real wages may, however, limit consumption growth. Chicken's lower price compared to beef has led to a shift in preference towards chicken, especially among price-sensitive markets. Furthermore, chicken's perceived health benefits and the growth potential of further processed value-added products indicate untapped market opportunities in Argentina's poultry sector.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The USDA Foreign Agricultural Service post in Argentina forecasts 2025 domestic chicken consumption up slightly to 2.37 MMT, increasing per capita consumption to 49.4 kg (108 pounds) on chicken’s price-competitiveness, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report. Domestic consumption has historically consumed approximately 90% of chicken production. Thus, domestic conditions influence production and purchasing decisions. Current high inflation rates and stagnant real wages are expected to temper the modest consumption growth in chicken meat since 2012 due to the weakening of consumer purchasing power. As per capita poultry consumption growth has slowed, population growth is driven mainly by population growth. In recent years, chicken prices have risen more slowly than beef, encouraging a switch from beef to chicken in price-sensitive markets. At this time per capita chicken consumption is approaching parity with ...

Source: Thepoultrysite