In 2023, the import of fowl cuts and offal to the US stood at approximately 58.5 million kilograms. Forecast data from 2024 to 2028 shows a steady increase, reaching 65.092 million kilograms by 2028. This suggests a gradual annual increase, with a notable year-on-year increase of around 2% to 2.5% from 2024 onwards. The compound annual growth rate (CAGR) over this five-year period is estimated to be around 2.4%, indicating a consistent upward trend in imports.
Future trends to watch for include:
- Potential changes in consumer preferences influencing demand for fowl cuts and offal.
- The impact of trade policies and tariffs on import volumes.
- Global fowl production factors affecting supply and pricing.
- Advances in alternative protein sources possibly affecting demand.