Forecast: Beef Meat Slaughtering in Thailand

The beef meat slaughtering industry in Thailand experienced several fluctuations over the past decade. Post-2013, the trend predominantly showed a decline until 2017, reaching a low point. However, 2018 witnessed a slight recovery, followed by a significant drop in 2019 and 2020. The following years, 2021 and beyond, demonstrated steady growth, closing at 972.47 thousand heads in 2023. The sector is projected to see a gradual rise from 2024 onwards, with an anticipated annual growth of 0.9% over the next five years, indicating optimism in demand and production processes.

Future Trends to Watch For:

- Technological advancements in meat processing and cattle management.
- Policy changes and governmental support towards livestock breeding.
- Global trade impacts due to geopolitical and environmental factors.
- Shifts in consumer preferences towards sustainable and organic meat products.
- Potential health pandemics impacting livestock health and supply chains.

Top Countries about Meat Processing