Forecast: Poultry Meat Slaughtering in Thailand

The poultry meat slaughtering industry in Thailand saw fluctuating growth from 2013 to 2023. Over this period, there were notable year-on-year variations, such as a significant rise in 2014 (+8.7%) and declines in 2015 (-6.77%) and 2020 (-3.73%). Despite these fluctuations, the compound annual growth rate (CAGR) from 2018 to 2023 averaged at 1.35%, reflecting modest overall growth, with the industry standing at 1.3541 Billion Units (Heads) in 2023.

Projected data from 2024 onwards indicate a steady upward trend with an expected CAGR of 0.97% over the next five years, reaching 1.4398 Billion Units by 2028. This suggests a consistent, though moderate, growth trajectory for the industry.

Future trends to watch for include:

• Improvements in processing efficiencies and technological advancements in the poultry industry.
• Potential impacts of global trade policies and tariffs on export volumes.
• Changes in consumer preferences towards sustainable and organic poultry products.
• The influence of health concerns on poultry consumption patterns.