The US chicken meat slaughtering industry has shown a consistent upward trend from 2013 to 2028, with slight fluctuations due to various factors. In 2023, the volume stood at 9.5347 billion heads. The year-on-year variation revealed significant recovery post-2020, where a notable dip occurred. The compound annual growth rate (CAGR) for the last five years displays a moderate average annual increase of 0.8%. Forecasts suggest a steady growth with a projected CAGR of 0.5% from 2024 to 2028, indicating a 2.5% total growth over this period.
Future trends to watch for include:
- Potential impacts from regulatory changes and environmental policies.
- Technological advancements in poultry production and processing.
- Alterations in consumer preferences and dietary trends.
- Global trade dynamics and their effects on supply chains.
