The forecasted number of goats in China at year-end is expected to rise from 138.2 million heads in 2024 to 144.5 million heads by 2028. This data indicates a consistent growth pattern. In 2023, the actual number of goats stood at 137.0 million heads. The year-on-year percentage variation demonstrates an annual increase of approximately 1.2% to 1.3%. Over the last two years, the sector has seen a steady rise, and the Compound Annual Growth Rate (CAGR) for the five-year period from 2024 to 2028 is projected to be around 1.25% per year.
Future trends to watch for include advancements in breeding technology, improvements in disease management, and changes in agricultural policies that could further boost the goat population. Additionally, market demands and shifts in consumer preferences for goat products could also impact future growth rates.
