Description

Driven by increasing demand for duck and goose meat worldwide, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of *1.6% for the seven-year period from ***8 to ***5, which is projected to bring the market volume to 8M tonnes by the end of ***5.

 

In ***8, the global duck and goose meat production amounted to 7.2M tonnes, surging by 3.3% against the previous year. The total output volume increased at an average annual rate of *1.8% over the period from ***7 to ***8; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in ***2 with an increase of 4.1% y-o-y.