Forecast: Poultry Meat Processing in North America

Analysis of the poultry meat processing market in North America reveals significant fluctuation over the years. Actual data highlights a notable peak in 2017, followed by periods of steady, albeit moderate, growth. In 2023, the market stood at 43.0 Thousand Metric Tons, marking a 2.38% year-on-year increase. The compound annual growth rate (CAGR) over the previous five years until 2023 was 9.75%. From 2024 onwards, forecasts suggest a more modest annual growth with a forecasted 5-year CAGR of 1.33%, leading to a volume of 47.0 Thousand Metric Tons by 2028, representing a total growth of 6.82%.

Future trends to watch include:

• Technological advancements in processing methods
• Shifts in consumer preferences toward healthier and organic options
• Potential regulatory changes impacting production
• Increasing focus on sustainability and its impact on operational practices