Forecast: Poultry Meat Production in South Africa

South Africa's poultry meat production has shown a mix of periodic ups and downs, with an initial growth from 2013 to 2015, followed by a decline in 2016 and 2017. The sector picked up again from 2018 onwards and grew consistently through 2023, reaching 1.9543 million metric tons. Over the last two years, production increased by 1.93% in 2022 and 1.86% in 2023. The five-year CAGR for recent years up to 2023 stands at 2.09%, indicating a stable upward trend.

Forecasts from 2024 to 2028 predict sustained growth in poultry meat production, with the forecasted five-year CAGR at 1.43%, leading to a cumulative growth of 7.37% by 2028.

Future trends to watch for:

• Technological advancements in poultry farming improving efficiency and yield.
• Potential impacts of climate change on feed availability and costs.
• Changes in consumer preferences towards alternative protein sources.
• Government policies and regulations affecting agricultural practices and tariffs on imports.