poultrytrends2024-dl

Executive Overview

• The 2024 Trends Executive Guide to World Poultry is priced at $99 and provides comprehensive forecasts, analyses, charts, and tables to inform poultry executives.

Key Insights

• Poultry Production Trends: Global poultry meat production is projected at 138.75 million metric tons for 2024, a slight decline from 2023 but still the highest among animal protein sources.

  • Increases in demand, reduced feed costs, and affordability are anticipated to drive poultry production and consumption growth until 2033.

• Egg Production: China continues to lead in global egg production, contributing about 50% of the total.

• Market Dynamics: The poultry meat trade is showing complexity due to avian influenza outbreaks and regional oversupply affecting imports and exports.

Important Data Points

1. Production and Consumption Forecasts:

   • Poultry production anticipated to top 141 million metric tons in 2024.

   • Expected trends suggest consumption will also rise significantly over the next decade.

2. Trade Trends:

   • Small decline in poultry imports for 2024 with exports expected to rise.

   • Major exporters include Brazil, the USA, and the EU, while Mexico is projected as a top importer.

Future Projections

• Consumers shifting towards poultry as a preferred protein due to health and cost considerations. High-income regions will continue to have high poultry consumption despite sustainability and health concerns surrounding red meat.

• Sustainability: The poultry industry's environmental impact is increasingly scrutinized, leading to sustainable farming practices.

Conclusion

• The guide serves as an essential resource for poultry professionals looking to navigate market changes and capitalize on emerging trends. Downloadable datasets available to further assist in business planning.