In 2023, US pork production stood at 29.1 billion pounds. Projected data indicates a steady annual growth rate, with production forecasted to rise to 31.23 billion pounds by 2028. This translates to a compound annual growth rate (CAGR) of approximately 1.4% over the five-year period from 2024 to 2028, building consistently on the output observed in 2023. Year-on-year growth rates show a positive and progressive trend, averaging around 1.2% annually from 2024 to 2025 and slightly increasing through to 2028.
Future trends to watch for include:
- Technological advancements in farming practices increasing efficiency.
- Potential impacts of environmental policies on production levels.
- Consumer demand shifts towards more sustainable and ethically sourced meats.
- Global trade influences, particularly export opportunities or restrictions.