By 2027, global chicken consumption will become the leader in the protein market

Published 2024년 11월 25일

Tridge summary

Global chicken consumption is expected to become the leading protein source by 2027, driven by rising incomes and urbanization in regions like India, Africa, and Vietnam, while growth in the EU and UK will slow due to demographic factors. The efficiency of broiler production boosts chicken's popularity. Brazil continues as the top chicken exporter, with a 3% annual growth in exports, aided by better maize feed availability and US avian flu issues. The Middle East and Japan are increasing imports, whereas China experiences a 27% decline due to robust domestic production and demand.

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

Original content

By 2027, global chicken consumption is expected to surpass all other protein sources, with India, Africa and Vietnam leading the way, while growth in the EU and UK is set to slow. This trend will be driven by rapid income growth and urbanisation, as well as the cultural adaptability and culinary versatility of chicken. The scalability and efficiency of broiler production further enhance its appeal compared to other proteins. Meanwhile, population decline and higher per capita consumption will limit growth in the EU and UK. In trade, Brazil remains the largest chicken exporter, expecting 3% annual export growth and 16% above the five-year average, supported by improved domestic availability of maize feed ...

Source: Oilworld