In 2023, Brazil's mutton and goat meat production stood at 134.05 thousand metric tons. Forecasts for 2024 predict a production increase to 135.07 thousand metric tons, marking a year-on-year growth of approximately 0.76%. Continuing this upward trend, production is expected to reach 139.11 thousand metric tons by 2028. This represents a compound annual growth rate (CAGR) of around 0.94% for the period 2024 to 2028. The steady increase indicates a gradual strengthening of Brazil's production capacity in this sector.
Looking ahead, potential trends to watch for include increased domestic demand driven by healthy lifestyle trends, rising export opportunities due to global demand, and the impact of technological advancements in livestock breeding. Market players should stay alert to changes in trade policies and sustainability practices that could influence both production and export opportunities.
