Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Poultry Type (Chicken, Turkey, Ducks, Others), By Meat Type (Pork, Mutton, Processed Beef, Others), By End-Users (Retail, Food-Services) And Competitive Landscape
Product Code: ETC058513 | Publication Date: May 2021 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Latin America Meat & Poultry Market |
Forecast period | 2025-2031 |
CAGR | 4.9% |
Growing Sector | Retail |
Latin America Meat & Poultry Market report thoroughly covers the by countries, by poultry type, by meat type, and by end users. 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 Latin America meat and poultry market is projected to reach USD 93.11 billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030. This growth can be attributed to several factors such as the increasing population, rising disposable income, and changing dietary habits of consumers in the region. The demand for meat and poultry products is also driven by their high protein content and convenience in preparation.
The Latin America meat and poultry market is characterized by a diverse and dynamic landscape, driven by varying consumer tastes, economic factors, and cultural influences. The market has shown resilience amid economic fluctuations, supported by a rising middle class that continues to demand higher-quality and more accessible protein sources. In addition to traditional consumption, there is a growing interest in convenient and value-added products, such as pre-packaged meats and ready-to-cook options.
According to 6Wresearch, the Latin America Meat & Poultry Market size is expected to reach at a significant CAGR of 4.9% during the forecast period 2025-2031. The Latin American meat and poultry market continues to evolve, reflecting diverse economic and social dynamics across the region. A substantial driver of this market is the increasing per capita meat consumption, which is fueled by rising disposable incomes and population growth. Furthermore, the growing middle class in urban areas has led to an enhanced demand for convenience foods, propelling the production and sales of processed meat products.
Furthermore, some emerging trends in the market indicate a shift towards more sustainable practices, including the adoption of regenerative farming techniques and investments in alternative protein sources. Health-conscious consumers are driving demand for organic and hormone-free products, prompting producers to adapt their offerings. As the meat and poultry sector navigates these factors, it must strive to balance growth with sustainability and consumer expectations to thrive in an increasingly competitive landscape, leading to the Latin America Meat & Poultry Market growth.
The Latin America meat and poultry market is characterized by a mix of established players and emerging companies. Noteworthy leaders include Brazil's JBS S.A. and Marfrig Global Foods, which dominate the beef market, while Poultry producers like Empresas Polar and BRF S.A. are prominent in the chicken sector.
Regulatory frameworks in Latin America significantly impact the meat and poultry industry. Governments are increasingly implementing stringent health and safety standards, aimed at ensuring product quality and consumer protection. Measures include the establishment of sanitary and phytosanitary regulations, which govern animal health, food safety, and traceability throughout the supply chain. Moreover, environmental regulations are shaping production practices, pushing firms to adopt more sustainable methods in response to climate change concerns.
The Latin America meat and poultry industry is poised for transformation driven by consumer preferences and technological advancements. The rise of alternative proteins, such as plant-based meats, is expected to challenge traditional meat consumption patterns and create new market opportunities. Additionally, digitalization in production processes—through automation and data analytics—will enhance efficiency and supply chain transparency. As sustainability continues to rise in importance, companies that innovate and align their practices with eco-friendly approaches are likely to gain a competitive edge.
According to Dhaval, Research Manager, 6Wresearch, Brazil stands out as the leading country, significantly influencing the region's dynamics. Boasting a robust agricultural sector, Brazil is not only the largest producer of beef and poultry in Latin America but also ranks among the top exporters globally. The country's vast cattle ranches and advanced poultry farming operations contribute to its dominant position.
Based on end user, the retail sector is the leading end user, significantly driving demand. Supermarkets and grocery stores play a crucial role in catering to consumer preferences for fresh and processed meat products. As urbanization and modern shopping habits continue to rise, retail outlets have adapted to offer a diverse range of meat options, from traditional cuts to value-added products.
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 Meat & Poultry Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Meat & Poultry Market Revenues & Volume, 2021 & 2031F |
3.3 Latin America Meat & Poultry Market - Industry Life Cycle |
3.4 Latin America Meat & Poultry Market - Porter's Five Forces |
3.5 Latin America Meat & Poultry Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Latin America Meat & Poultry Market Revenues & Volume Share, By Poultry Type, 2021 & 2031F |
3.7 Latin America Meat & Poultry Market Revenues & Volume Share, By Meat Type, 2021 & 2031F |
3.8 Latin America Meat & Poultry Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Latin America Meat & Poultry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Meat & Poultry Market Trends |
6 Latin America Meat & Poultry Market, 2021 - 2031 |
6.1 Latin America Meat & Poultry Market, Revenues & Volume, By Poultry Type, 2021 - 2031 |
6.2 Latin America Meat & Poultry Market, Revenues & Volume, By Meat Type, 2021 - 2031 |
6.3 Latin America Meat & Poultry Market, Revenues & Volume, By End-Users, 2021 - 2031 |
7 Brazil Meat & Poultry Market, 2021 - 2031 |
7.1 Brazil Meat & Poultry Market, Revenues & Volume, By Poultry Type, 2021 - 2031 |
7.2 Brazil Meat & Poultry Market, Revenues & Volume, By Meat Type, 2021 - 2031 |
7.3 Brazil Meat & Poultry Market, Revenues & Volume, By End-Users, 2021 - 2031 |
8 Mexico Meat & Poultry Market, 2021 - 2031 |
8.1 Mexico Meat & Poultry Market, Revenues & Volume, By Poultry Type, 2021 - 2031 |
8.2 Mexico Meat & Poultry Market, Revenues & Volume, By Meat Type, 2021 - 2031 |
8.3 Mexico Meat & Poultry Market, Revenues & Volume, By End-Users, 2021 - 2031 |
9 Argentina Meat & Poultry Market, 2021 - 2031 |
9.1 Argentina Meat & Poultry Market, Revenues & Volume, By Poultry Type, 2021 - 2031 |
9.2 Argentina Meat & Poultry Market, Revenues & Volume, By Meat Type, 2021 - 2031 |
9.3 Argentina Meat & Poultry Market, Revenues & Volume, By End-Users, 2021 - 2031 |
10 Rest of Latin America Meat & Poultry Market, 2021 - 2031 |
10.1 Rest of Latin America Meat & Poultry Market, Revenues & Volume, By Poultry Type, 2021 - 2031 |
10.2 Rest of Latin America Meat & Poultry Market, Revenues & Volume, By Meat Type, 2021 - 2031 |
10.3 Rest of Latin America Meat & Poultry Market, Revenues & Volume, By End-Users, 2021 - 2031 |
11 Latin America Meat & Poultry Market Key Performance Indicators |
12 Latin America Meat & Poultry Market - Opportunity Assessment |
12.1 Latin America Meat & Poultry Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Latin America Meat & Poultry Market Opportunity Assessment, By Poultry Type, 2021 & 2031F |
12.3 Latin America Meat & Poultry Market Opportunity Assessment, By Meat Type, 2021 & 2031F |
12.4 Latin America Meat & Poultry Market Opportunity Assessment, By End-Users, 2021 & 2031F |
13 Latin America Meat & Poultry Market - Competitive Landscape |
13.1 Latin America Meat & Poultry Market Revenue Share, By Companies, 2024 |
13.2 Latin America Meat & Poultry Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |