Forecast: Indigenous Meat Gross Production in the US

In 2023, indigenous meat gross production in the US was projected to be around $125.41 billion. The forecast for 2024 indicates an increase to $126.31 billion, marking a 0.72% year-on-year rise. Future projections suggest a steady annual growth, with figures reaching $130.08 billion by 2028. The compound annual growth rate (CAGR) over this period is approximately 0.75%.

Future trends to watch for:

  • Impact of technological advancements and sustainable practices on production efficiency.
  • Shift in consumer preferences toward alternative proteins and its effect on traditional meat demand.
  • Potential regulatory changes influencing meat production and trade policies.

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