From the actual figures of 2023, the indigenous meat gross production in China was valued at 226.12 Billion US Dollars PPP = 2004–2006. The forecast data for 2024 show an increase to 229.43 billion, marking a year-on-year growth of 1.46%. The year-on-year growth trends from 2024 to 2028 show continual increases: 1.52% from 2025 to 2026, 1.44% from 2026 to 2027, and 1.40% from 2027 to 2028.
Analyzing over a five-year period, the Compound Annual Growth Rate (CAGR) stands at approximately 1.46%, indicating a steady increase in production values. This sustained growth can be attributed to advances in agricultural practices, rising consumer demand, and ongoing governmental support for the livestock industry.
Future trends to watch for:
- Technological advancements in meat production and processing.
- Changes in consumer preferences towards sustainable and ethically sourced meat.
- Impact of trade policies and international relations on meat imports and exports.
- Potential effects of climate change on livestock production and feed availability.
