Forecast: Poultry Meat Production at Farm Gate in Vietnam

Vietnam's poultry meat production at the farm gate has shown variability over the past decade. From 2013 to 2023, production value increased from $1.53 billion to $2.35 billion. The most notable growth occurred in 2019 with a 44.76% increase, aside from a few dips in 2015 and 2020. As of 2023, production stood at $2.35 billion. The average annual growth rate (CAGR) over the last five years reached 8.44%.

Looking ahead, the production value is projected to climb steadily, reaching $2.75 billion by 2028. The forecasted CAGR from 2024 to 2028 is 2.45%, indicating a more moderated but consistent growth trajectory.

Future trends to watch for include:

  • Technological advancements in poultry farming to increase efficiency and output.
  • Changes in consumer preferences toward organic and sustainably produced poultry.
  • Impact of trade policies and international demand on Vietnam's poultry exports.

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