The Indigenous Horse Meat Gross Production in China rose from its 2023 standing of about 457 million US dollars PPP to 459.34 million in 2024 and further to 467.14 million by 2028. The forecast indicates a steady growth trend with a projected compound annual growth rate (CAGR) of approximately 0.42% from 2024 to 2028. The year-on-year increase in value underlines a stable, albeit gradual, expansion in the market for indigenous horse meat.
Future Trends to Watch:
- Sustainability and ethical sourcing may influence consumer demand patterns.
- Policy changes impacting livestock farming could alter production dynamics.
- Shifts in export markets might open new opportunities for growth.