In 2023, poultry meat production in the Philippines stood at 1.44 million metric tons. Forecast data from 2024 to 2028 shows a steady increase in production: 1.46 million metric tons in 2024, 1.48 million metric tons in 2025, 1.49 million metric tons in 2026, 1.51 million metric tons in 2027, and 1.53 million metric tons in 2028.
Year-on-year variations from 2024 to 2025 show a 1.4% increase, from 2025 to 2026 a 0.68% increase, from 2026 to 2027 a 1.34% increase, and from 2027 to 2028 a 1.32% increase. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is forecasted to be around 1.22% per year.
Future trends to watch for:
- Potential advancements in poultry farming technologies.
- Changes in consumer demand and dietary preferences.
- Government policies influencing agricultural production.
- Global market conditions and their impact on export opportunities.
- Environmental and sustainability initiatives affecting production methods.
