In 2023, the swine supply in the US was at 215.02 million units (heads). The forecast from 2024 to 2028 suggests a steady annual increase in supply. Specifically, there is a year-on-year growth of approximately 0.43% from 2024 to 2025, 0.41% from 2025 to 2026, 0.41% from 2026 to 2027, and 0.41% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is forecasted to be around 0.41%, indicating a stable increase in swine supply.
Future trends to watch for include:
- The impact of technological advancements in livestock management on supply efficiency.
- Potential regulatory changes affecting the swine industry.
- The influence of global trade factors on domestic supply and demand.
- Environmental concerns and sustainable practices in swine production.