The forecasted broiler meat consumption per capita in China shows a steady increase from 2024 to 2028, starting at 10.24 kilograms in 2024 and rising to 10.69 kilograms in 2028. This indicates a gradual growth trend. In 2023, the consumption stood at a slightly lower level, setting the base for the subsequent forecasted growth. Year-on-year growth averages around 1.07% across the period, while the compound annual growth rate (CAGR) is approximately 1.08%.
Future trends to watch for:
- Changes in consumer preferences towards alternative protein sources.
- Impacts of economic fluctuations on meat consumption patterns.
- Potential regulatory changes affecting the poultry industry.
- Technological advances in meat production and supply chain efficiency.