As we step into 2024, the US poultry and egg production industry, recorded in billions of dollars, showcases a consistent upward trajectory in its forecast from 2024 through 2028. The gross output is projected to grow annually, highlighting a steady increase in industry size.
The year-on-year variation reflects a gradual positive trend, with predicted increases that suggest steady demand and potential growth in consumer markets for poultry and eggs. When calculated over five years, the compound annual growth rate (CAGR) paints a picture of sustainable industry expansion.
Future trends to watch for include advancements in sustainable practices, automation in production, potential impacts of regulatory changes, and shifts in consumer preferences towards organic and alternative protein sources. Keeping an eye on these factors will be crucial for stakeholders to adapt and thrive in this evolving market landscape.
