The Mutton and Goat Meat production in Mexico stood at 104,000 metric tons in 2023, reflecting no year-on-year growth from 2022. The data from 2014 to 2023 indicates fluctuating annual growth with a significant drop in 2020 but rebounding in 2021. The overall Compound Annual Growth Rate (CAGR) from 2014 to 2023 is noted at 0.19%. Future projections show a slight upward trend with a 0.27% CAGR from 2024 to 2028, expecting to reach 105.94 thousand metric tons by 2028.
Future trends to watch for include:
- Influence of climate change on livestock farming conditions.
- Impact of technological advances in breeding and farming practices.
- Potential shifts in consumer preferences towards alternative meats.
- Changes in trading policies and export demands.
