The demand for mutton and goat meat in South Africa is forecasted to experience a steady increase over the next five years from 2024 to 2028. The market is projected to grow from 184.1 thousand metric tons in 2024 to 184.65 thousand metric tons by 2028. Over the past two years leading to 2024, the year-on-year variation has been minimal, suggesting a stable demand trend. The compound annual growth rate (CAGR) for these five years is approximately 0.3%, indicating a slow but steady rise in demand.
Future trends to watch for:
- Potential changes in consumer preferences toward alternative proteins.
- Impacts of economic conditions on meat consumption patterns.
- Developments in the global meat supply chain and their effects on local markets.
- Government policies related to agriculture and livestock management.
