By the end of 2023, chicken meat human consumption in the US was approximately 17.93 million metric tons. From 2024 to 2028, forecasts suggest a steady increase in consumption. The year-on-year growth rates are approximately: 1.81% in 2025, 1.72% in 2026, 1.75% in 2027, and 1.66% in 2028. The compound annual growth rate (CAGR) over the period 2024-2028 is around 1.70%.
Future trends to watch for include:
- Potential impacts of dietary shifts towards plant-based proteins could decelerate growth.
- Economic factors or inflation may influence consumer purchasing power and consumption patterns.
- Advancements in poultry production efficiency could affect supply and demand dynamics.