Forecast: Beef and Veal Meat Domestic Consumption in India

In 2023, domestic consumption of beef and veal meat in India stood at an estimated value. The forecast from 2024 to 2028 shows a slight but steady increase from 3.05 to 3.19 million metric tons. Year-on-year percentage growth ranges between 1.3% and 1.9%. Over the five-year period, the CAGR is approximately 0.9% annually, indicating a consistent but modest upward trend.

Future trends to watch for include:

  • Potential changes in dietary habits influenced by economic and cultural factors.
  • Impact of government regulations on livestock farming and meat consumption.
  • Shifts in production capabilities or trade policies that could affect supply and pricing.

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