The poultry meat slaughtering industry in Senegal has demonstrated consistent growth from 2013 to 2023, starting at 47.72 million units (heads) and reaching 91.54 million units in 2023. This growth is reflected in year-on-year variations, which averaged 6.53% in 2013 and stabilized towards a more moderate 3.54% by 2023. The Compound Annual Growth Rate (CAGR) over the last five years, up to 2023, stood at 4.89%, indicating robust but slightly decelerating expansion.
From 2024 to 2028, the forecast suggests continued growth with an average annual rate (CAGR) of 2.58%, culminating in a total increase of 13.61% over this period. This suggests a continuation of sectoral development but at a slower pace compared to the previous decade.
Future trends to watch for include the impact of technological advancements in poultry farming, the influence of government policies on agriculture, and potential shifts in consumer preferences towards more sustainable and ethical meat production practices. Additionally, external factors such as global economic conditions and climate change could also play significant roles in shaping the industry's trajectory.
