The forecasted per capita consumption of mutton and goat meat in India shows a gradual decline from 0.47 kg in 2024 to 0.43 kg by 2028. In 2023, the actual consumption stood at 0.48 kg. This indicates a consistent year-on-year decrease of approximately 2.1% between 2024 and 2028. The compound annual growth rate (CAGR) over the five-year period also reflects this downward trend.
Future trends to watch for include:
- Potential impacts of changing dietary preferences in India.
- Influence of economic factors on meat consumption.
- Development of alternative protein sources and their acceptance in the market.
- Impact of policy changes and regulations on the livestock industry.
- Environmental concerns and sustainability practices affecting meat production and consumption.