The volume of the mutton and goat meat market in Mexico has shown fluctuations over the years, standing at 116.0 thousand metric tons in 2023. Between 2014 and 2023, the market saw minor increases and decreases, with the most significant drop occurring in 2020, where it fell by 17%. Notably, from 2021 to 2023, the market stabilized, maintaining consistent volumes of 116.0 thousand metric tons. Post-2024 forecasts predict a marginal annual growth rate of around 0.11%, indicating the market will stabilize with a slight upward trend, reaching 116.91 thousand metric tons by 2028.
Future trends to watch for include potential fluctuations caused by economic factors, consumer preferences toward alternative proteins, and the impact of trade policies on domestic production. Additionally, monitoring changes in livestock disease patterns and climate change impacts could influence market stability and growth.
