In 2023, India led buffalo meat slaughtering, comprising 41.92% of the global share, followed by Pakistan and China at 28.38% and 16.18%, respectively. Year-on-year, Pakistan, China, and Italy saw significant share increases, while Iran, Bhutan, and Thailand experienced notable declines. The past five years showed steady growth for India, China, and Myanmar, indicating strong market presence. In contrast, countries like Iran and Thailand faced reductions in their contributions.
Future trends to watch:
- Continued dominance by India, bolstered by population growth and demand.
- Potential increases from Myanmar and Italy, given recent rising trends.
- Volatility in smaller countries due to changing local policies and demand.
Top countries in Buffalo Meat Slaughtering Share by Country (Units (Heads))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 41.92 | 2023 | +0.71% | +0.29% | View data |
| 2 | 2 Pakistan | 28.38 | 2023 | +1.74% | +1.98% | View data |
| 3 | 3 China | 16.18 | 2023 | +1.11% | +1.2% | View data |
| 4 | 4 Egypt | 3.65 | 2023 | -0.72% | -0.77% | View data |
| 5 | 5 Nepal | 2.92 | 2023 | +0.89% | +0.87% | View data |
| 6 | 6 Philippines | 1.65 | 2023 | +0.53% | +0.34% | View data |
| 7 | 7 Myanmar | 1.46 | 2023 | +2.66% | +3.23% | View data |
| 8 | 8 Vietnam | 1.44 | 2023 | -0.28% | +0.045% | View data |
| 9 | 9 Laos | 0.65 | 2023 | +0.7% | +0.86% | View data |
| 10 | 10 Italy | 0.43 | 2023 | +3.64% | +2.65% | View data |
