In 2023, the demand for mutton and goat meat in South Korea stood at 9.0 thousand metric tons. Forecasts indicate that this demand will remain steady until 2026, with an increase to 10.0 thousand metric tons projected for 2027 and 2028. This represents a 0% year-on-year variation from 2023 to 2026, followed by an 11.1% increase from 2026 to 2027. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.1%.
Future trends to watch for include shifts in consumer dietary preferences, potential changes in import regulations, and fluctuations in the domestic supply of mutton and goat meat. Additionally, any economic or cultural developments that influence meat consumption patterns could impact these forecasts.
