As of 2023, China's pork production was approximately 54 million metric tons. The forecast from 2024 to 2028 shows a slight decline in output, dropping from 53.82 to 52.99 million metric tons. This represents an annual decline of about 0.4% year-on-year. From 2024 to 2028, the compound annual growth rate (CAGR) of pork production would show a negative trend, averaging around a -0.39% decrease per annum.
Future trends to watch for include:
- Potential shifts in consumer demand toward alternative sources of protein.
- Impact of environmental regulations on the pork industry.
- Influence of technological advancements in animal farming and production efficiency.
- Adaptation of the supply chain to global trade policies and market dynamics.