Eggs are on the rise in Brazil

Published 2021년 7월 29일

Tridge summary

Brazil's egg consumption has seen a significant increase, reaching 251 eggs per year per person in 2021, up from 94 units in 2000. The country is on track to produce a record 56 billion eggs in 2021. In response to high production costs, the industry is looking to export more, with revenue increasing by 153% between January and June 2021. However, producers believe the domestic market will recover soon due to the resumption of in-person classes and work, and anticipate a decrease in the dollar and lower prices for corn and soy bran.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Chicken eggs have always been a popular food in Brazil, but for years consumption in the domestic market ran into issues such as health concerns, because of cholesterol or calories. Over the past 20 years, however, these dietary and medical restrictions have been rethought, with new research, and consumption is only increasing. In addition, economic crises and high prices for meat and chicken push sales of the product. In 2000, Brazilians ate 94 units annually, on average. Ten years later, this number has increased 57% and reached 148 units per person. Today, Brazilians consume 251 eggs per year, an increase of 8.5% compared to 2019 and 167% compared to two decades ago. That number is higher than the world average. The Brazilian Association of Animal Protein (ABPA) estimates that, in 2021, the country will produce at least 56 billion eggs, a record. The previous mark was hit last year with 53 billion eggs. Brazilian eggs on the world's plate All this volume of eggs, however, ...
Source: Ovosite

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