In 2023, Japan's poultry meat excess feed cost stood at €207.12 million. Looking at the forecasts from 2024 to 2028, there is a clear upward trend in costs, with an average year-on-year increase of approximately 2.2%. This consistent rise indicates mounting economic pressure on the poultry sector.
Over the five-year period, the compound annual growth rate (CAGR) is predicted to be around 2.2%, underscoring a steady escalation. Industry stakeholders should note the following future trends:
- Increasing feed costs due to global commodity price fluctuations.
- Need for efficiency improvements in poultry farming methods.
- Potential market shifts due to evolving consumer preferences and regulatory changes.