Brazil’s BRF foresees global chicken demand increasing 47% by 2030

Global demand for chicken will increase by 47% by 2030, Lorival Luz, chief executive of Brazilian food processor BRF (BRFS3), said at an event on Wednesday, August 10.

Luz stated that companies in Brazil, the world’s largest chicken exporter, must prepare to meet growing demands.

See below the track record of the volume of chicken meat exported by Brazil from January 2019 to June 2022. The information below was gathered by Datamar’s business intelligence team through the platform DataLiner.

Chicken meat exports | Jan 2019 – Jun 2022 | WTMT

Source: DataLiner (click here to request a demo)

He warned that higher costs are weighing on the industry after corn and soybean meal prices rose 3.4 and 2.5 times, respectively, in the last seven years.

Sources: Money Times

To read the full original article, please go to: https://www.moneytimes.com.br/demanda-global-por-frango-aumentara-47-ate-2030-diz-brf/

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