The turnover for meat, poultry, and eggs in China is projected to rise from 5.5 hundred billion Yuans in 2024 to 6.29 hundred billion in 2028. In 2023, this turnover was slightly below 5.5 hundred billion Yuans. Notable year-on-year increases suggest a consistent growth pattern: 3.6% in 2025, 3.5% in 2026, 3.2% in 2027, and 3.3% in 2028. The five-year compound annual growth rate (CAGR) stands at approximately 3.4%.
Key future trends to monitor include:
- Shifting consumer preferences towards organic and locally sourced meats.
- Potential impacts of trade policies and international relations on import-export dynamics.
- The rise of digital platforms facilitating meat and poultry sales, possibly disrupting traditional retail.
- Increasing awareness and policies surrounding sustainability and ethical farming practices.