In 2023, the production of chicken meat in the US was X Million Metric Tons. Forecasts indicate a progressive increase from 2024 to 2028, with production values growing from 21.566 Million Metric Tons in 2024 to 22.741 Million Metric Tons in 2028. This represents an annualized growth rate (CAGR) over the five-year period from 2024-2028. Notably, year-on-year variations are as follows:
- 2024-2025: Approximately 1.41% increase.
- 2025-2026: Approximately 1.36% increase.
- 2026-2027: Approximately 1.31% increase.
- 2027-2028: Approximately 1.27% increase.
Future trends to watch for include potential impacts of regulatory changes on production practices, shifts in consumer dietary preferences towards plant-based proteins, and fluctuations in feed costs influenced by global agricultural markets. Sustainability practices and technological advancements in farming could also play crucial roles in shaping the industry's trajectory.
