The forecast of poultry meat production at the farm gate in the US shows a consistent upward trend from 2024 to 2028, with values projected to increase each year from $35.75 billion in 2024 to $37.63 billion in 2028. In 2023, the production stood at approximately $35.3 billion. The year-on-year increase ranges around 1.3% to 1.6%, and the compound annual growth rate (CAGR) over the five-year period is approximately 1.3%.
Future trends to watch for include:
- Potential changes in consumer preferences and dietary trends impacting poultry demand.
- Advances in technology and farming practices enhancing production efficiency.
- Policy changes or trade agreements affecting poultry meat exports and imports.
- Environmental concerns and sustainability efforts shaping industry practices.