The forecast for poultry meat production in the Philippines shows a steady increase from 2024 to 2028. The production is expected to rise from 1.69 million metric tons in 2024 to 1.9 million metric tons in 2028. As of 2023, the actual production stood at 1.63 million metric tons. Year-on-year variation percentages indicate consistent growth: 3.68% in 2024, 3.55% in 2025, 2.86% in 2026, 2.78% in 2027, and 2.70% in 2028. Over the last five years, the Compound Annual Growth Rate (CAGR) is approximately 3.11%.
Future trends to watch for include technological advancements in poultry farming, fluctuations in feed prices, and policy changes affecting agricultural trade. Additionally, monitoring consumer demand shifts towards poultry and potential impacts of climate change on production will be crucial.
