In 2023, China's beef and veal meat supply stood at approximately 11.15 million metric tons. The supply is forecasted to rise from 11.67 million metric tons in 2024 to 13.79 million metric tons by 2028, indicating a consistent increase. The year-on-year growth is about 4.6% from 2024 to 2025, 4.3% to 2026, 4.2% to 2027, and 3.9% to 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately 4.1%.
Future trends to watch for include shifts in consumer preferences towards sustainable and ethically sourced meat, potential policy changes affecting livestock production, and impacts of environmental factors on supply chain dynamics.
