Forecast: Poultry Meat Production in China

Analyzing the poultry meat production in China from 2013 to 2023 reveals a fluctuating trend. Production dipped from 2013 to 2015, followed by a recovery peaking in 2019. A slight drop occurred in 2020, but subsequent recovery led to a steady increase up to 2023. In 2023, production stood at 22.742 million metric tons, marking a 1.82% year-on-year increase.

The forecast from 2024 to 2028 projects continuous growth, with an average annual CAGR of 1.4% and an overall growth rate of 7.22% over the five-year period. By 2028, poultry meat production is expected to reach 24.861 million metric tons.

Future trends to watch for:

• Technological advancements in poultry farming that could enhance productivity.
• Government policies affecting agricultural practices and meat production regulations.
• Fluctuations in feed prices and their impact on production costs.
• Changing consumer preferences towards poultry meat versus other protein sources.
• Potential impacts of climate change on poultry farming conditions.