Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product Type (Beef, Pork, Chicken Meat), By End Users (Food Processing Industry, Food Service Providers, Household/ Retail), By Distribution Channel (B2B Direct, Hypermarkets/ Supermarkets, Convenience Stores, Specialty Stores, Butcher Shop/ Wets, Online Retailing) And Competitive Landscape
Product Code: ETC436383 | Publication Date: Nov 2022 | Updated Date: Aug 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Latin America Livestock and Poultry Marketย |
Forecast period | 2024-2030 |
CAGR | 5.9% |
Growing Sector | Food Processing |
Latin America Livestock and Poultry Market report thoroughly covers the by countries, by product type, by end users, and by distribution channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The livestock and poultry market in Latin America plays a crucial role in the region's economy, contributing significantly to food security and employment. This market encompasses a diverse array of species, including cattle, pigs, and poultry, with Brazil and Argentina being key players in production. Rising consumer demand for protein, particularly in urban centres, is driving growth in this sector, as is the increasing export capacity of these countries.
According to 6Wresearch, the Latin America Livestock and Poultry Market size is expected to reach at a significant CAGR of 5.9% during the forecast period 2024-2030. The growing middle class that demands high-quality meat products, leading to increased consumption. Second, advancements in livestock management practices and genetics are enhancing production efficiency. Additionally, the push for sustainable farming practices is increasingly influencing the market, as consumers become more conscious of animal welfare and environmental impact. Current trends shaping the Latin America livestock and poultry market include a shift towards organic and free-range products, driven by consumer preferences for healthier and ethically produced meat. There is also a growing emphasis on technological integration, such as the use of data analytics and innovative breeding techniques, to boost production while minimising environmental footprints. The adoption of alternative proteins and plant-based diets is beginning to emerge, indicating a potential shift in consumption patterns that could impact traditional livestock farming in the long term, leading to the Latin America Livestock and Poultry Market growth.
Major companies such as JBS S.A., BRF S.A., and Tyson Foods dominate the meat processing landscape, leveraging extensive supply chains and advanced production technologies. Additionally, regional players like Grupo Bimbo and Pilgrimโs Pride Corporation contribute to the market dynamics, focusing on local and sustainable sourcing practices.
Government regulations play a pivotal role in shaping the livestock and poultry sector in Latin America. National authorities enforce a range of guidelines aimed at ensuring food safety, animal welfare, and environmental sustainability. For instance, regulations concerning the use of antibiotics in livestock and mandatory animal welfare standards are becoming more stringent. Compliance with these regulations not only helps safeguard public health but also impacts production practices, necessitating farmers and producers to adapt their operations accordingly. Additionally, trade policies and export regulations are essential considerations for players looking to engage in international markets.
The Latin America livestock and poultry industry is poised for significant transformation driven by evolving consumer preferences and technological advancements. Sustainable practices are likely to gain momentum, with a focus on reducing carbon footprints and improving resource efficiency. The integration of smart farming technologies, such as IoT devices and AI-driven analytics, will enhance monitoring and optimisation of livestock management. Furthermore, as consumers become more health-conscious, there is a likelihood of increased demand for alternative protein sources, which may reshape production strategies and lead to a more diversified market landscape.
According to Dhaval, Research Manager, 6Wresearch, Brazil stands out as the dominant player in the Latin America livestock and poultry market. With a vast agricultural landscape and a strong focus on export-oriented production, Brazil leads in beef and poultry production. The country's advanced infrastructure, combined with its capacity for large-scale farming, positions it as a major supplier in international markets.
Based on end user, the food processing industry emerges as the leading end user. This sector drives significant demand due to its reliance on high-quality meat and poultry products for processing various consumer goods, including ready-to-eat meals, canned products, and processed meats. The growth of the food processing industry is further spurred by urbanisation, changing diets, and an increasing focus on convenience among consumers.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Livestock and Poultry Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Livestock and Poultry Market Revenues & Volume, 2020 & 2030F |
3.3 Latin America Livestock and Poultry Market - Industry Life Cycle |
3.4 Latin America Livestock and Poultry Market - Porter's Five Forces |
3.5 Latin America Livestock and Poultry Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Latin America Livestock and Poultry Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 Latin America Livestock and Poultry Market Revenues & Volume Share, By End Users, 2020 & 2030F |
3.8 Latin America Livestock and Poultry Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Latin America Livestock and Poultry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Livestock and Poultry Market Trends |
6 Latin America Livestock and Poultry Market, 2020 - 2030 |
6.1 Latin America Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
6.2 Latin America Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
6.3 Latin America Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
7 Brazil Livestock and Poultry Market, 2020 - 2030 |
7.1 Brazil Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
7.2 Brazil Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
7.3 Brazil Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
8 Mexico Livestock and Poultry Market, 2020 - 2030 |
8.1 Mexico Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
8.2 Mexico Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
8.3 Mexico Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
9 Argentina Livestock and Poultry Market, 2020 - 2030 |
9.1 Argentina Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
9.2 Argentina Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
9.3 Argentina Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
10 Rest of Latin America Livestock and Poultry Market, 2020 - 2030 |
10.1 Rest of Latin America Livestock and Poultry Market, Revenues & Volume, By Product Type, 2020 - 2030 |
10.2 Rest of Latin America Livestock and Poultry Market, Revenues & Volume, By End Users, 2020 - 2030 |
10.3 Rest of Latin America Livestock and Poultry Market, Revenues & Volume, By Distribution Channel, 2020 - 2030 |
11 Latin America Livestock and Poultry Market Key Performance Indicators |
12 Latin America Livestock and Poultry Market - Opportunity Assessment |
12.1 Latin America Livestock and Poultry Market Opportunity Assessment, By Countries, 2020 & 2030F |
12.2 Latin America Livestock and Poultry Market Opportunity Assessment, By Product Type, 2020 & 2030F |
12.3 Latin America Livestock and Poultry Market Opportunity Assessment, By End Users, 2020 & 2030F |
12.4 Latin America Livestock and Poultry Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
13 Latin America Livestock and Poultry Market - Competitive Landscape |
13.1 Latin America Livestock and Poultry Market Revenue Share, By Companies, 2023 |
13.2 Latin America Livestock and Poultry Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |