In 2024, red meat exports from the US are forecasted at 10.59 billion pounds, showing a continuation of growth from previous years. By 2028, exports are expected to reach 11.52 billion pounds, representing a steady year-on-year increase. This trend suggests consistent growth, although specific percentage variations are not provided, the compound annual growth rate (CAGR) suggests stable average increases throughout the five-year period.
- Future trends to watch for include:
- Potential impacts of trade agreements on export markets.
- Shifting consumer preferences towards plant-based alternatives globally.
- Regulations related to environmental impact and sustainability in meat production.