The forecasted chicken meat human consumption in Malaysia is projected to increase steadily from 1.72 million metric tons in 2024 to 1.76 million metric tons in 2028. Comparing the previous actual data from 2023, the forecast shows a gradual rise in consumption year-over-year.
Year-on-Year Variations:
- From 2023 to 2024: estimated increase, with growth percentage based on 2023 values.
- From 2024 to 2025: 0.58% increase.
- From 2025 to 2026: 0.58% increase.
- From 2026 to 2027: 0.57% increase.
- From 2027 to 2028: 0.57% increase.
The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024-2028) indicates an average annual increase of approximately 0.57%.
Future trends to watch for include shifts in dietary preferences, economic factors affecting consumer purchasing power, and potential impacts of agricultural policies on chicken meat production. Monitoring these elements will be crucial for understanding and anticipating changes in chicken meat consumption patterns in Malaysia.
