Over the period from 2013 to 2023, poultry meat slaughtering in Eastern Asia experienced varied year-on-year fluctuations. Notable increases occurred in 2018 (8.76%) and 2021 (7.32%), while there were declines in 2014 (-1.54%), 2017 (-0.61%), and 2020 (-3.58%). As of 2023, poultry meat slaughtering stood at 17.265 billion units, with a modest year-on-year growth of 1.81% over the previous year. The Compound Annual Growth Rate (CAGR) over the last five years reached 1.84%.
The forecast from 2024 to 2028 indicates a consistent growth trajectory, with a forecast 5-year CAGR of 1.4%, culminating in a total growth rate of 7.19% by 2028.
Future trends to watch for include potential impacts of technological advancements in poultry farming, shifts in consumer dietary preferences, and regulatory changes influencing production practices. Monitoring these factors will be crucial to understand the long-term sustainability and growth opportunities in the poultry meat industry in Eastern Asia.
