The projected chicken consumption in the U.S. shows a consistent upward trend from 2024 to 2028. In 2023, it stood at approximately 115.7 pounds per capita. The year-on-year increase from 2024 to 2025 is estimated at around 0.99%, followed by 0.96% in 2026, 0.92% in 2027, and finally 0.90% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average annual increase of roughly 0.94% in per capita chicken consumption.
Future trends to watch for include:
- Changing consumer preferences towards plant-based alternatives, potentially affecting growth.
- Fluctuations in feed costs and supply chains impacting production costs.
- Health trends influencing the demand for lean protein sources such as chicken.