The production of duck meat in Asia has shown fluctuations over the years, with peaks and troughs observed. In 2023, the production stood at 4.4189 million metric tons. The period between 2018 to 2023 saw a moderate growth rate, with an average CAGR of 1.85%. For the immediate past two years, the production witnessed a year-on-year variation of 1.89% from 2021 to 2022 and 1.82% from 2022 to 2023. Forecast data indicates a steady increase in production levels, with an anticipated average annual growth rate (CAGR) of 1.28% from 2024 to 2028, culminating in a total growth rate of 6.54% over this forecast period.
Future trends to watch for:
- Impact of technological advancements in breeding and farming practices on production efficiency.
- Government policies and trade regulations affecting the meat industry.
- Changes in consumer preferences towards poultry and duck meat.
- Environmental factors and sustainability practices impacting production methods.
