The gross production of indigenous buffalo meat in China is forecasted to rise steadily from 2024 to 2028, starting at 2.1774 billion US dollars and progressing to 2.2511 billion US dollars. In 2023, the actual production stood just below the forecasted figure for 2024. The year-on-year growth from 2024 to 2028 shows a consistent increase, with variations of approximately 0.86% annually. Over the five-year period, the compound annual growth rate (CAGR) is about 0.83%, indicating modest growth in the sector.
Future trends to watch for:
- Potential shifts in consumer preferences towards buffalo meat.
- Impact of environmental and sustainability regulations on production processes.
- Technological advancements in the meat production industry.
