The duck meat slaughtering industry in China experienced fluctuating trends over the past decade, with significant year-on-year variations. The period between 2013 and 2023 saw both declines and growths, with notable peaks in 2015 and 2018. By 2023, the industry stood at 2.6911 billion units, representing a modest increase of 1.85% from 2022. Over the last two years, there has been an average annual growth rate (CAGR) of 1.82%, signaling stable growth. Forecasted data from 2024 to 2028 anticipates a steady increase, with a 5-year CAGR of 1.42%, indicating gradual but stable growth in this sector.
Future trends to watch for include potential impacts of technological advancements in meat production and processing, changing consumer preferences towards alternative proteins, and regulatory environments focused on food safety and animal welfare. Monitoring these factors will be crucial in understanding long-term industry dynamics.
