In 2023, the indigenous pork gross production in the US stood at approximately 23.827 billion US Dollars PPP. From 2024 onward, forecasts suggest an upward trajectory, with a slight increase in production each year. Year-on-year growth is expected to be minimal but steady, with percentages ranging from about 0.35% to 0.40%. Over the forecasted five-year period from 2024 to 2028, the average Compound Annual Growth Rate (CAGR) is projected to be modest, reflecting steady but slow market growth.
Future trends to watch for include potential impacts from climate change on feed production, technological advancements in farming techniques that could enhance efficiency, and any evolving trade policies that might affect the export markets of US pork. These factors could influence the indigenous pork market's trajectory beyond 2028.
