Market Brief
Meat Processing Prospers in Latin America, an Industrial Info Market Brief
Latin America stands out as a major meat-producing region.
Released Thursday, May 14, 2020
Latin America stands out as a major meat-producing region. It is divided, in terms of production capacity, into Brazil, Argentina and the rest of the Latin American countries.
Brazil is the biggest meat producer in South America, benefiting from land availability and grain production potential. It has a strong domestic market, but is still the world's largest beef exporter.
Meat companies are continuously investing to increase production capacity. Investments for automation, new equipment additions and general upgrades to existing machines are performed to double or even triple plant capacities.
Industrial Info is tracking more than 1,160 active projects in Latin America related to beef and poultry production. Click here for a list.
In Brazil, Vale Grande Industria de Comercio de Alimentos SA (Frialto) is developing an expansion project in at its meat production plant in Sinop, Matto Grosso, but the project has been delayed due to COVID-19-related issues. The developers are hoping to resume this investment in the last quarter of 2020, with construction planned to begin in the second trimester of 2021. Click here for related projects.
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