The US Animal Slaughtering, Rendering, and Processing industry is projected to see steady growth in gross output from $172.67 billion in 2024 to $182.65 billion by 2028. The year-on-year growth is gradual, with values rising by approximately 1.5% annually, reflecting a consistent increase in demand. The CAGR from 2024 to 2028 is approximately 1.7%, indicating sustained, moderate expansion.

Future trends to watch for include:

Potential impacts of regulatory changes on production processes and costs.
Evolving consumer preferences towards plant-based and alternative proteins.
Advancements in technology improving efficiency and reducing environmental footprint.