In 2023, poultry meat production at the farm gate in the Philippines stood at 4.48 billion USD. Forecasts indicate a steady increase over the next five years, with values expected to reach 4.63 billion USD in 2024, 4.78 billion USD in 2025, 4.92 billion USD in 2026, 5.07 billion USD in 2027, and 5.21 billion USD in 2028.
Year-on-year variations are as follows:
- 2024: +3.4%
- 2025: +3.2%
- 2026: +2.9%
- 2027: +3.0%
- 2028: +2.8%
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 3.1%, reflecting a consistent upward trend in production value over this period.
Future trends to watch for include advancements in poultry farming technology, shifts in consumer dietary preferences towards healthier options, and potential impacts from changes in trade policies or disease outbreaks affecting poultry health.
