Forecast: Chicken Meat Production in China

China's chicken meat production has demonstrated a fluctuating trend from 2013 to 2023. Notable peaks in 2018 and 2019 were followed by a slight dip in 2020, with a resurgence to a steady increase thereafter. In 2023, production stood at 16.272 Million Metric Tons.

The year-on-year growth for the last two years shows a 1.95% increase in 2022 and a 1.87% increase in 2023. The compound annual growth rate (CAGR) over the last five years is 1.93%, indicating a consistent upward trend.

Future trends to watch for:

  • Continued steady growth with a projected CAGR of 1.44% over the next five years, amounting to a 7.43% overall increase by 2028.
  • Potential impacts of environmental regulations and shifting consumer preferences towards alternative protein sources.
  • The role of technological advancements in farming practices and supply chain efficiencies.

Top Countries about Poultry Processing