The demand for poultry meat in China has experienced moderate growth over the past decade. Starting at 19.39 million metric tons in 2014, it steadily increased, reaching 20.67 million metric tons in 2023. Despite a notable dip in 2020, the overall trend has been upward with only minor fluctuations. Year-on-year variation shows that growth remained relatively marginal, with notable increases in 2015 and 2021.
From 2024 to 2028, forecasts suggest continued growth at an average rate of 0.28% per year (CAGR), culminating in a projected demand of 21.05 million metric tons by 2028. This points towards a stable albeit slow rate of increase.
Future trends to watch for:
- Technological advancements in poultry farming
- Changes in consumer preferences towards healthier and sustainable protein sources
- Impact of government policies and regulations on poultry farming and imports
- Potential disruptions from global events affecting supply chains
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