The data on duck meat production in Eastern Asia shows a clear upward trend over the last decade. In 2023, duck meat production stood at approximately 3.77 million metric tons. Year-on-year variation highlights fluctuations with a notable increase of 9.43% in 2018 and a decline of 3.4% in 2020. The compounded annual growth rate (CAGR) reveals an average growth rate of around 1.91% over the past five years. The forecast indicates continued growth, with a projected 2028 production of 4.15 million metric tons and a 5-year CAGR of 1.49%, leading to a 7.69% total increase over this period.
Future trends to watch for include:
- Increasing demand driven by urbanization and rising incomes.
- Potential impacts of technological advancements in farming practices.
- Changing consumer preferences towards more sustainable and organic products.
- Fluctuations due to policies, trade agreements, and environmental conditions.
