The forecasted data indicates a consistent decline in sheep meat production in the US from 2024 to 2028, with values decreasing annually from 61.61 to 57.21 thousand metric tons. In 2023, the actual production stood at XX (the 2023 value is needed for precise calculation). The year-on-year decrease suggests a steady negative growth pattern, with the last two years showing a more pronounced decline. The compound annual growth rate (CAGR) over this period is expected to mirror this decreasing trend.
Future trends to watch for include:
- Influence of consumer demand shifts towards alternative proteins.
- Potential impacts of climate change on livestock farming conditions.
- Trade policy changes affecting import-export dynamics of sheep meat.
