The forecast for poultry meat growth capital and venture capital in South Africa shows a steady increase from 2024 to 2028, starting at $4.52 billion in 2024 and reaching $4.84 billion by 2028. This indicates a consistent upward trajectory. The values for the years 2024 onwards represent forecasted data. As of 2023, the actual value stood at $4.45 billion, giving us a base point for year-on-year comparisons.
- The year-on-year growth between 2023 and 2024 is 1.57%.
- For 2024 to 2025, the increase is 1.77%.
- From 2025 to 2026, the growth stands at 1.96%.
- Between 2026 and 2027, the rise is 1.71%.
- The period from 2027 to 2028 shows an increase of 1.47%.
Over the last two years (2022-2023 and 2023-2024), the average annual growth is about 1.73%. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately 1.68%, reflecting a modest but consistent expansion.
Future trends to watch for include technological advancements in poultry farming, increased demand for protein-rich diets, and potential impacts from regulatory changes and trade policies. Attention should also be given to market consolidation and investment influx, which may influence growth dynamics.
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