The duck meat production in Singapore was valued at 4.24 thousand metric tons in 2023. Over the past decade, production has shown a slight declining trend, with yearly variations often reflecting negative growth. The largest year-on-year decrease occurred in 2015, at -7.94%, while 2018 saw a notable increase of 4.86%. Over the past five years, the Compound Annual Growth Rate (CAGR) indicates a slight decrease at -1.01%. Looking forward, a continued decline is forecasted with a -0.6% CAGR expected over the next five years, leading to a projected production of 4.08 thousand metric tons by 2028.
Future trends to watch for: Industry stakeholders should monitor advancements in farming technology, shifts in consumer preferences towards sustainable and ethical meat sources, and potential governmental interventions or incentives aimed at boosting local production.
