Forecast: Chicken Meat Consumption in Vietnam

Vietnam's chicken meat consumption in 2023 stood at 1.45 million metric tons. The forecasted data from 2024 to 2028 indicate a steady increase: 1.52 million metric tons in 2024, 1.59 in 2025, 1.65 in 2026, 1.72 in 2027, and 1.79 in 2028, reflecting an overall upward trend.

Year-on-year variations exhibit:

  • 2024 vs 2023: +4.83%
  • 2025 vs 2024: +4.61%
  • 2026 vs 2025: +3.77%
  • 2027 vs 2026: +4.24%
  • 2028 vs 2027: +4.07%

The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.10%, indicating a continuous growth pattern.

Future trends to watch for include:

  • Increasing urbanization and income levels driving higher demand for protein sources.
  • Potential impacts of global market fluctuations on feed costs.
  • Technological advancements in poultry farming and production leading to efficiency gains.

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