Forecast: Poultry Meat Production in North America

North American poultry meat production demonstrated a consistent upward trajectory from 2013 to 2023, starting at 21.343 million metric tons in 2013 to 25.566 million metric tons in 2023. Key variations included a slight dip in 2020 due to external factors but rebounded strongly in 2021 with a significant year-on-year growth of 8.81%. The average CAGR for this period stood at 1.46%.

From 2023 to 2028, production is anticipated to continue growing, reaching 27.248 million metric tons by 2028, with an average annual growth rate of 0.98% over the next five years. Notable future trends include potential impacts from changes in consumer preferences, advancements in production technologies, and regulatory factors affecting both production and trade.

Future trends to watch for:

• Shifts in consumer dietary preferences towards plant-based or alternative proteins.
• Technological advancements in poultry farming improving efficiency and yield.
• Potential new regulations affecting production practices and environmental impacts.