The poultry meat slaughtering industry in Niger has experienced a generally positive growth trajectory from 2013 to 2023. In 2023, the sector stood at 25.61 million units (heads). Initially, the industry saw considerable annual increments, particularly in 2017 and 2021, with YoY variations of 2.77% and 7.13%, respectively. The sector faced a notable downturn in 2020 with a -3.24% variation, possibly due to external factors like the COVID-19 pandemic. However, the CAGR over the last five years has been a steady 1.77%, demonstrating resilient growth despite occasional fluctuations.
Future trends to watch for:
- Forecasted growth shows a consistent upward trajectory, culminating in an estimated 27.77 million units (heads) by 2028.
- The CAGR from 2024 to 2028 is expected to be 1.28%, indicating moderate yet stable growth.
- Policymaking in agriculture and trade, climate changes, and technological advances in farming practices will be critical factors influencing the industry’s growth rate.
