Peru poultry industry outlook good

Overall, the outlook for the poultry industry is good in Peru, said Pedro Pablo Kuczynski, former minister of economy and finance. 
The Peruvian poultry sector maintains an important and sound development. In the last decade, it has had an average annual growth rate of 8.2 percent, producing 50 million chickens per month.
"The outlook in Peru is good," said Pedro Pablo Kuczynski, the former minister of economy and finance, during his presentation at the Peruvian Poultry Congress held in Lima September 1. He also said that factors such as Peruvian entrepreneurship, the entry of women into the paid workforce and young people are the drivers of the country. Kuczynski gave details of the international context, the reforms required by the state and how these aspects are intertwined with other issues of the country, such as education levels, the environment and regional development.
In 2014, per capita chicken consumption in Peru reached record numbers, with 41 kilograms of chicken nationwide, and 70 kilograms in Lima. This means an increase of 90 percent over the last 10 years. In addition, egg consumption has also recorded increases with 10 percent growth from 2012 to 2013, reaching 184 units.
Both poultry products have become one of the main staple products in Peru and make up 63 percent of the country’s per capita protein consumption.
Will there be enough meat production to meet demand? Prospects for the future are good. In a country like Peru, which has registered one of the highest growth rates in Latin America in the economy, a 45 percent increase of chicken meat in production is expected by 2023, going from 1.08 billion metric tons to 1.5 billion metric tons, according to Osler Desouzart, OD Consulting, Brazil.
"The future in the world is in poor markets," said Osler Desouzart, as those are the ones that do not eat enough protein. In the next 10 years, Asia will register a 58 percent growth rate in the production of animal protein, Latin America 20 percent, and Africa 10 percent. But the most important is that from these figures, 48 percent will come from poultry.