Poultry meat production in China has shown an overall upward trend from 2013 to 2023, growing from 17.98 million metric tons to 25.12 million metric tons. The year-on-year variations indicate some fluctuations, with notable growth spurts in 2019 and 2020, seeing increases of 12.29% and 5.45%, respectively. The average annual growth rate (CAGR) from 2019 to 2023 was 4.73%, suggesting consistent and relatively robust expansion in production volumes.
Future projections from 2024 to 2028 suggest continued growth but at a slower pace, with a forecasted 5-year CAGR of 1.47% and an overall 5-year growth rate of 7.55% by 2028. This indicates a deceleration in the pace of production growth.
**Future Trends to Watch:**
- Technological advancements in poultry farming and feed efficiency improvements.
- Policy changes affecting agricultural production and biosecurity measures related to livestock.
- Market demand dynamics influenced by consumer preferences and dietary shift towards poultry meats.
- Global trade dynamics, including import-export regulations and trade agreements impacting poultry markets.
