The forecast for US swine meat domestic consumption shows a steady increase from 9.89 million metric tons in 2024 to 10.02 million metric tons in 2028. This progression indicates a consistent year-on-year growth.
- Year-on-year percentage change from 2024 to 2028 shows a gradual increase, reflecting a stable demand.
- From 2023 to 2024, the forecasted data suggest a slight uptick, maintaining a positive growth trajectory.
- The five-year compound annual growth rate (CAGR) further corroborates this steady upward trend.
Future trends to watch include potential shifts in consumer preferences towards alternative proteins, sustainability concerns, and economic factors that might affect meat consumption patterns. Monitoring trade policies and feed costs will also be essential, given their impact on production and pricing strategies.
