Source: USDA ECONOMIC RESEARCH SERVICE, 8/1/22

 Over the past two decades, poultry has become the most consumed livestock commodity in the world, especially in developing and emerging markets where production prospects have been relatively limited. As demand for poultry products grew in these markets during the period from 2001 to 2021, global imports increased. Poultry is expected to remain the world’s largest imported livestock commodity by volume over the next 10 years. To meet rising demand, a number of countries increased domestic poultry production. Brazil, the United States, the European Union, and Thailand emerged as major poultry exporters. Brazil is the world’s leading poultry exporter and is projected to remain in the top position through 2031. The United States, however, is expected to lose market share throughout the coming decade.

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