In 2023, the poultry meat production at the farm gate in South Korea stood at 1.17 billion euros. Analyzing the forecasted data from 2024 to 2028, we observe a consistent year-on-year growth: 1.68% from 2024 to 2025, 1.65% from 2025 to 2026, 1.63% from 2026 to 2027, and 1.60% from 2027 to 2028. The compound annual growth rate (CAGR) over the analyzed period from 2024 to 2028 is approximately 1.64%.
Future trends to watch for include:
- Advancements in farming techniques to enhance productivity.
- Changes in consumer preferences impacting demand.
- Regulatory shifts focused on sustainable and ethical farming practices.
- Potential impacts of climate change on poultry farming.
- Technological innovations such as automation in poultry farming.
