Global Animal Protein Outlook 2024

Animal protein production will keep growing in 2024, but at a slower pace, as margins remain tight. The fact that animal protein companies continue to grow production and deliver on customer expectations amid such challenging market conditions is a testament to their resilience and flexibility. Despite a cost-of-living crisis putting pressure on consumer finances, there continues to be demand for animal protein, and companies have been able to overcome challenges, from high costs to regulatory uncertainty and disease, to capitalize on it.