The import of frozen whole fowls to the US is forecasted to grow steadily from 2024 onwards, following a consistent upward trajectory in value as indicated by data projections through 2028. This marks a positive growth pattern, reflecting an increasing demand in the US market.
Comparing each year's forecast, there is an observable year-on-year growth rate in value, suggesting a stable expansion of the market for this segment. The Compound Annual Growth Rate (CAGR), which averages the yearly increase over the five-year forecast period, underlines this positive growth trend.
Future trends to watch include:
- The economic impact of shifting consumer preferences towards poultry products.
- Regulatory changes in import policies affecting pricing and demand.
- Potential disruptions in the global supply chain.
- Technological advancements in freezing technologies and logistics.