Forecast: Chicken Meat Production in Australia

Australia's chicken meat production has generally exhibited an upward trend, increasing from 1.0665 million metric tons in 2013 to 1.3412 million metric tons in 2023. Over the last two years, production grew modestly, with a year-on-year increase of 1.94% in 2022 and 1.87% in 2023. The compound annual growth rate (CAGR) over the last five years stands at 2.36%, indicating steady long-term growth.

Forecasts suggest that production will continue to rise, reaching 1.4697 million metric tons by 2028. The projected CAGR for the next five years is 1.44%, amounting to a 7.42% total increase by 2028.

Future trends to watch for include:

• Technological advancements in poultry farming increasing efficiency
• Impact of sustainability practices on production rates
• Market demand shifts, particularly due to dietary changes and plant-based alternatives
• Regulatory changes and disease outbreaks affecting production capacity