The data provided indicates a consistent increase in poultry meat stock in the Philippines. In 2023, the poultry meat stock stood at a certain baseline level. Forecasted data shows a year-on-year growth with the following percentage increases:
• 2024: +3.43%
• 2025: +3.43%
• 2026: +3.31%
• 2027: +2.94%
• 2028: +2.86%
On average, the Compound Annual Growth Rate (CAGR) over the last five years stands at approximately +3.2%, indicating a stable upward trend.
Future trends to watch for:• Changes in consumer demand influenced by dietary trends and economic conditions.• Potential impacts of regulatory changes on poultry farming.• Advancements in poultry farming technology and practices.• The effect of global trade policies on poultry meat imports and exports.
