UTRECHT, the Netherlands — According to RaboResearch’s latest animal protein report, global poultry trade is expected to remain strong amid relatively tight global protein supply and growing consumption, but geopolitics is a wild card. Poultry remains an affordable protein option for price-conscious consumers.
Improved economic conditions in many regions, together with ongoing high prices for other proteins, make poultry an attractive option for consumers worldwide, Rabobank notes. Global consumption growth is predicted to reach 2.5 percent to 3 percent this year. This marks the second consecutive year of above-average market growth, which has led to significant improvements. . .