Between 2014 and 2023, China's poultry meat production exhibited fluctuations, with the volume standing at 20.8 Million Metric Tons in 2023. Over the past decade, production saw notable increments like a 6.23% increase in 2016 and a 6.09% rise in 2021. Conversely, there were declines such as a 1.56% drop in 2015 and a 4.24% slump in 2020. The average annual growth rate over the last five years (2018-2023) is 0.7%, reflecting modest growth.
Looking forward to 2028, the forecasted CAGR of 0.59% suggests a steady but slow rise, culminating in an aggregate growth rate of 3%. Future trends should be monitored in light of evolving consumer preferences, potential regulatory changes, and advancements in production technologies. Environmental sustainability and biosecurity measures could also significantly impact production dynamics.
