The meat market volume in Oceania demonstrated fluctuations over the observed period, starting from 3.31 million metric tons in 2014 and reaching 3.39 million metric tons in 2023. Notable annual growth occurred in 2015 and 2016, with increases of 4.62% and 4.47%, respectively. However, 2017 witnessed a significant decline of 7.57%, which was partially recovered in subsequent years. The market faced another dip of 4.94% in 2020 but bounced back with a 5.33% increase in 2021. The year-on-year growth stabilized around 0.059% in 2023. The forecast for the upcoming years suggests a steady volume, with minimal fluctuations around 3.39 million metric tons, and a modest CAGR of 0.04% by 2028.
Going forward, trends to watch in the meat market include sustainability practices influencing production, evolving consumer preferences for alternative proteins, regulatory changes affecting meat trade, and potential impacts of global economic shifts.
