The US poultry meat production has exhibited steady growth from 2013 to 2023, increasing from 20.03 million metric tons to 24.51 million metric tons. The year-on-year growth rates have fluctuated, reaching a peak of 3.48% in 2019. Notably, the last two years before 2024 saw growth rates of 1.99% and 1.92%, indicating stable but modest increases. The 5-year CAGR, representing the average annual growth rate, consistently reflected a moderate upward trend, landing at 2.15% by 2023. Forecasted data up to 2028 project a continued increase, albeit at a slower 5-year CAGR of 1.37%, resulting in a total growth of 7.05% over this period.
Future trends to watch for:
- Increasing demand for poultry driven by health-conscious consumers favoring lean protein sources.
- Technological advancements in farming that may boost production efficiency and yield.
- Potential impacts of regulatory changes and trade policies on production and export opportunities.
- Environmental sustainability practices becoming a critical factor influencing production methods and consumer preferences.
