In 2023, chicken meat consumption in Australia stood at 1.41 million metric tons. Forecast data indicate an incremental increase year-on-year: 2024 (1.44 million metric tons), 2025 (1.47 million metric tons), 2026 (1.5 million metric tons), 2027 (1.53 million metric tons), and 2028 (1.56 million metric tons). The year-on-year variation percentages are relatively stable, ranging between 2.1% and 2.2%, reflecting consistent growth within the industry. From 2024 to 2028, the compound annual growth rate (CAGR) is estimated to be approximately 2.1%.
Future trends to watch for:
- Impact of alternative protein sources on chicken meat consumption
- Changes in consumer preference towards sustainable and organic products
- Government policies influencing agricultural and livestock practices