The poultry meat processing industry in New Zealand has shown consistent growth from 2014 to 2023, with the value reaching 101.0 thousand metric tons in 2023. The year-on-year growth rate varied, peaking at 38.78% in 2016 and stabilizing around an average of 2.79% in recent years. This indicates a solid increasing trend, with a noticeable jump in 2016 followed by a steadier growth pattern.
From 2024 onwards, forecasted data predicts continued growth with a CAGR of 2.21%, reaching 116.0 thousand metric tons by 2028, reflecting an 11.54% rise over these five years. Watch for innovations in processing technologies, potential export opportunities, and regulatory changes that could impact future growth.
