Key Market Indicators
Indian beef consumption is expected to increase by 1% year on year until 2026, from 1.46 million metric tons in 2021. This growth rate has been consistent since 2017, rising 1.2% year on year. Meanwhile, production of beef in India is expected to fall by 0.5% year on year until 2026, from 889,780 metric tons in 2021. This rate has been consistent since 1966, with a 0.5% year on year decrease. India was the 14th largest producer of beef in 2021, however the United Kingdom overtook India with 889,780 metric tons. Brazil, China, and Argentina were the second, third and fourth largest producers respectively.