African poultry investor outlook 2030

The African poultry and egg industries are recovering from the challenging conditions that occurred between 2020 and 2023, such as a weaker economy, high and volatile prices and supply of inputs, exchange volatility, avian influenza, and Covid-19. In the coming years, RaboResearch expects a significant recovery of 3.5% to 4% growth and further modernization of the industry, both in traditional and modern channels, in the context of more sizable markets. Growth will be seen throughout Africa, with poultry meat markets growing slightly faster than egg markets. Geopolitical tensions and government efforts to diversify economies and to secure food supply will lead to rising self-sufficiency throughout Africa, though with some exceptions. These conditions will lead to a further expansion of more strategic pan-African investors capturing these long-term bullish fundamentals in Africa’s poultry and egg markets.