The Mutton and Goat Meat Market size in Brazil stood at 126.0 thousand metric tons in 2023. From 2014 to 2019, the market showed minimal variation, maintaining stability around 124.0 to 126.0 thousand metric tons. However, there was a significant decline in 2020 when the volume dropped drastically to 104.58 thousand metric tons, representing a -17% year-on-year variation. The market recovered in 2021 with a substantial 20.48% increase, reverting to its previous level of 126.0 thousand metric tons. From 2023, the market is projected to grow very slowly, with a CAGR of 0.08% forecasted up to 2028.
Trends to watch for:
- The impact of economic fluctuations and possible market disruptions on meat consumption.- Technological advancements in meat production and their potential effects on market volumes.- Changes in consumer preferences towards alternative meats and sustainable practices.
