The distribution of chicken meat in South Korea stood at 1.25 million metric tons in 2023. According to the forecasted data, it will increase to 1.28 million metric tons in 2024, representing a year-on-year growth of 2.4%. The trend continues with 1.31 million metric tons in 2025 (2.34% growth), 1.33 million metric tons in 2026 (1.53% growth), 1.36 million metric tons in 2027 (2.26% growth), and 1.38 million metric tons in 2028 (1.47% growth). The compound annual growth rate (CAGR) over these five years is approximately 2.0%.
Future trends to watch for include shifts in consumer preferences towards healthier and alternative protein sources, potential impacts of avian flu outbreaks on supply, and changes in trade policies affecting imports and exports. Environmental considerations and sustainable farming practices could also influence the industry's direction.
