In 2023, poultry meat production at the farm gate in the US was valued at 30.3 billion Euros. The forecast for 2024 shows a value of 30.59 billion Euros, marking a 0.96% increase from 2023. Subsequent years project a steady increase, with 2025 at 30.87 billion Euros (0.92% increase), 2026 at 31.15 billion Euros (0.91% increase), 2027 at 31.43 billion Euros (0.90% increase), and 2028 at 31.7 billion Euros (0.86% increase). Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.91%.
Future trends to watch for:
- Potential impacts from technological advancements in poultry farming that could improve efficiency and output.
- Regulatory changes in agriculture or food safety that might affect production levels.
- Market demand fluctuations driven by consumer preferences for alternative proteins or changing dietary trends.