The Brazilian Ministry of Agriculture, Livestock and Supply released forecasts for meat production over the next 10 years, predicting the highest rate of growth for chicken.
Between 2011-12 and 2021-22, the annual growth rate for chicken is forecast at 4.2 percent, ahead of projected growth of 2.1 percent a year for beef and 2.0 percent for pork.
Brazilian consumers are expected to show a growing preference for chicken, with domestic consumption expected to increase by 2.7 percent a year over the decade, ahead of 2.0 percent for beef and 1.8 percent for pork.
Source: Argentine Beef Packers S.A.
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