The forecasted demand for beef meat in South Africa indicates a gradual decline from 2024 to 2028, starting at 980.29 thousand metric tons in 2024 and decreasing to 974.24 thousand metric tons by 2028. Compared to 2023, the demand remains flat, with minor annual reductions. The year-on-year variation shows a negligible decline, ranging between -0.16% and -0.15% each year from 2025 to 2028. The Compound Annual Growth Rate (CAGR) for 2024 to 2028 is approximately -0.15%, reflecting a small but consistent decrease in demand year-over-year.
Future trends to watch for include potential impacts of changes in consumer preferences toward plant-based diets, economic fluctuations affecting meat consumption, and possible influences of health and sustainability awareness campaigns that could further shape beef meat demand in South Africa.
