In 2023, the chicken meat distribution in the US stood at around 21.6 Million Metric Tons. The forecast for the upcoming years shows a steady rise: 21.88 in 2024, 22.16 in 2025, 22.44 in 2026, 22.72 in 2027, and reaching 23.0 Million Metric Tons by 2028. This illustrates a consistent growth pattern, with year-on-year increases averaging around 1.3% for each of the forecasted years.
The CAGR over the period from 2023 to 2028 is approximately 1.25%, indicating a stable upward trend in chicken meat distribution volume.
Future trends to watch for include:
- Changes in consumer preferences towards plant-based or alternative proteins could impact chicken meat demand.
- Potential fluctuations in feed cost and trade policies may also affect future distribution scales.
- Sustainability practices and innovations in poultry farming could enhance production efficiency and scalability.