Forecast: Poultry Meat Production Level in Australia

Based on actual data, Australia's poultry meat production stood at 1.34 million metric tons in 2023. Forecasts indicate a progressive increase to 1.36 million metric tons in 2024, reaching 1.45 million metric tons by 2028.

Year-on-year, the production is expected to grow:

• 2024: +1.49%
• 2025: +1.47%
• 2026: +1.45%
• 2027: +1.43%
• 2028: +2.11%

Compound Annual Growth Rate (CAGR) for the period 2023-2028 is estimated at 1.63%.

Future trends to watch for include the impact of rising input costs, shifts in consumer preferences toward plant-based proteins, and potential advancements in production technologies that could drive efficiencies and output increases.