The analysis of India's pork production shows a consistent decline from 2014 to 2023. Production fell from 350.0 thousand metric tons in 2014 to 278.0 thousand metric tons in 2023. Annual year-on-year variation saw significant fluctuations, including a sharp drop of -7.85% in 2016 and a brief increase of 3.45% in 2021. Overall, the last 5-year CAGR stands at -1.25%, indicating a gradual reduction in production levels. Forecasted data for 2024 to 2028 suggest a continued decline, with an expected 5-year CAGR of -1.27%, predicting that production will drop to 256.57 thousand metric tons by 2028.
Future trends to watch for include changes in domestic consumption patterns, potential government policies to boost production, and the impact of global trade dynamics on local pork production sustainability.
