Based on the provided data, poultry meat production at the farm gate in the Philippines is forecasted to grow consistently from 2024 to 2028. In 2023, actual production stood at a lower baseline than the forecasted 4.25 billion Euros in 2024, indicating steady growth. Year-on-year variations show an increase of approximately 4.2% from 2024 to 2025, 3.8% from 2025 to 2026, 3.7% from 2026 to 2027, and 3.6% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is estimated to be around 3.8%, reflecting a stable upward trend.
Future trends to watch for include potential impacts of agricultural policies, technological advancements in poultry farming, changes in feed costs, and shifts in consumer demand. Monitoring these factors will be crucial for predicting and adapting to future market conditions.
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