During 2023, the actual chicken meat production in the Philippines stood at 1.48 million metric tons. Forecasted data suggests a steady increase in production over the next five years, moving from 1.5 million metric tons in 2024 to 1.6 million metric tons by 2028. This indicates a compound annual growth rate (CAGR) of approximately 1.94% from 2024 to 2028.
The year-on-year growth for 2024 is anticipated to be around 1.35% when compared to 2023. For 2025, the increase is projected at about 1.33% relative to 2024. Similar incremental growth rates of around 1.97%, 1.29%, and 1.91% are expected for 2026, 2027, and 2028, respectively.
Future trends to watch for include potential influences from global trade policies, environmental regulations, and innovations in poultry farming technologies. Additionally, shifts in domestic demand driven by economic changes and consumer preferences could significantly impact production levels.
