The meat stock in the US is observed at 68.28 thousand metric tons in 2024. In 2023, the value was slightly lower, indicating a forecasted rise starting this year. Over the next few years, the data shows an upward trend with 70.39 thousand metric tons in 2025, 72.46 thousand metric tons in 2026, 74.49 thousand metric tons in 2027, and 76.47 thousand metric tons in 2028. This amounts to an average annual growth rate (CAGR) of about 2.80% over the five-year period from 2023 to 2028.
Future Trends to Watch For:
- Adapting to consumer preferences for plant-based alternatives which could impact meat stock demand.
- Global supply chain challenges and their potential repercussions on meat imports and exports.
- Technological advancements in agriculture influencing meat production efficiency.
