The beef meat production in Kenya has experienced significant fluctuations over the past decade. Starting from 425.0 thousand metric tons in 2013, it grew substantially to reach 528.99 in 2016 and peaked at 588.96 in 2017. However, a steep decline followed in 2018, dropping to 417.26 thousand metric tons. The subsequent years observed a variable recovery, with production stabilizing around the 471.34 thousand metric tons mark by 2022. In 2023, it stood at 473.47 thousand metric tons. The average year-on-year variation over the last two years was relatively minimal, while the CAGR over the last five years presented a modest positive trend of 2.56%.
Looking ahead, the forecasted data indicates a steady but slow growth in beef meat production, with projections showing a continual increase reaching 484.59 thousand metric tons by 2028 and a forecasted 5-year CAGR of 0.37%. This suggests a more stabilized market with marginal growth.
Future trends to watch for:
- Impact of climate change on livestock production.
- Government policies and their influence on the beef industry.
- Technological advancements in animal farming and meat processing.
- Shifts in consumer preferences towards sustainable and ethical meat production.