In 2023, China's poultry meat production was approximately 24.18 million metric tons. Forecast data indicates steady growth: 25.62 million metric tons in 2024, rising to 27.55 million metric tons by 2028. Year-on-year growth rates from 2024 to 2028 range between 1.89% and 1.73%, with an average annual growth rate (CAGR) of approximately 1.96% over the five-year forecast period. This trend suggests a consistent increase in production capacity.
Future trends to watch for include:
- Technological advancements in farming practices improving efficiency.
- Potential fluctuations due to changes in feed prices or regulatory policies.
- Impact of consumer demand shifts towards alternative protein sources.
- Export market dynamics and international trade agreements affecting production incentives.