Forecast: Poultry Meat Slaughtering in Malaysia

The poultry meat slaughtering industry in Malaysia has seen considerable fluctuations over the past decade. The sector reached its peak in 2016 with 859.8 million heads, followed by a notable downturn resulting in 629.73 million heads by 2019. Post-2019, the trend reflects a continued decline, stabilizing around 648.31 million heads in 2023. From 2024 onwards, the forecast indicates a steady decrease, reaching approximately 627.67 million heads by 2028. The year-on-year variation from 2022 to 2023 was minimal at -0.61%, with the last five years exhibiting an average annual decrease of about -1.18% (CAGR).

Future trends to watch for:

• Monitor consumer demand shifts towards alternative protein sources, potentially accelerating declines in poultry meat consumption.
• Keep an eye on technological advancements influencing production efficiency and scale.
• Assess the impact of governmental policies and trade regulations on poultry meat import and export dynamics.
• Track the evolving landscape of animal health and disease outbreaks which may affect production numbers.