The domestic consumption of chicken meat in the US is forecasted to grow steadily from 18.1 million metric tons in 2024 to 19.01 million metric tons by 2028. Compared to the previous year, the consumption is expected to rise by approximately 1.27% annually. For a broader perspective, the compound annual growth rate (CAGR) over these five years is projected at around 1.23%.
Future trends to watch include:
- Potential shifts in consumer preferences towards plant-based alternatives, which may impact poultry demand.
- Changes in poultry production costs, influenced by feed prices and labor expenses.
- Regulatory changes affecting poultry farming practices, which could alter supply dynamics.
- Global trade developments, particularly any policies affecting poultry exports and imports.
