Although global animal protein production is expected to grow modestly in 2023, it will be another year of change for the sector. The industry will face high costs along the full supply chain, swings in consumption, and other areas of uncertainty for producers, such as elevated disease pressure and regulatory and market-driven changes.
As a result, margins will be squeezed as buyers push back on higher production costs. But opportunities still exist, although they will be more restricted.
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