Meat production in South Africa increased from 3.0808 million metric tons in 2013 to 3.5818 million metric tons in 2023. In 2023, meat production stood at 3.5818 million metric tons. Year-on-year growth varied over recent years, with a notable 7.1% increase in 2021 and more modest 1.68% and 1.62% increases in 2022 and 2023, respectively. The 5-year compound annual growth rate (CAGR) was 1.96%. Forecasts suggest continued growth, reaching 3.8795 million metric tons in 2028, with a CAGR of 1.26% and an overall forecasted growth rate of 6.45% from 2024 to 2028.
Future trends to watch for:
- Potential impacts of climate change on meat production.
- Shifts in consumer preferences towards plant-based diets.
- Regulatory changes affecting meat industry production standards and costs.
- Technological advancements in livestock farming and meat processing.
- Economic conditions influencing both production costs and consumer demand.
