Argentina Emerges as New Global Player
ARGENTINA - The poultry industry has developed rapidly in the last 10 years, thanks to a number of competitive advantages.A new FAR Industry Note from Rabobank examines the transformation of the poultry industry in Argentina and its potential to become a key player in the sector.
Among the key points of the report is that the poultry industry in Argentina has shown impressive growth rates in the last decade, having transformed itself through concerted strategic planning and investments.
The industry has access to feed at highly competitive prices because of the country's natural advantages as a producer of corn and soybeans and favourable government policies.
Argentina has only recently entered the world poultry market but its low-cost structure and favourable sanitary status make it a key player to meet growing global demand, providing it continues to invest in expansion.
The Rabobank report concludes that although Argentina's poultry industry is relatively concentrated, opportunities remain for consolidation by large domestic companies or foreign players entering the market.