In 2023, the demand for mutton and goat meat in Australia stood at 271.0 Thousand Metric Tons. Forecast data for subsequent years indicate a stable trend with a slight year-on-year increase. The demand is projected to rise to 272.0 Thousand Metric Tons in 2024, 273.0 in 2025, and 274.0 in both 2027 and 2028. Over the last two years, the year-on-year variation hovers around 0.4% and 0.37%. Over the forecasted period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is approximately 0.28%.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and ethically sourced meat products, potential market influences of plant-based meat alternatives, and the impact of trade policies and global market dynamics on the local supply and pricing of mutton and goat meat.
