Meat production in Ghana has shown a generally positive trend over the last decade, starting at 249.1 thousand metric tons in 2013 and growing to 321.35 thousand metric tons by 2023. Year-on-year variation has fluctuated, highlighting a slight dip in 2020, followed by a significant rebound. The Compound Annual Growth Rate (CAGR) over the past five years up to 2023 stands at 1.99%. Future forecasts predict continued growth, albeit at a slower pace, with a forecasted 1.39% CAGR over the next five years reaching 351.02 thousand metric tons by 2028.
Future trends to watch for:
- Potential impacts of climate change on meat production capacities.
- Market reactions to evolving consumer preferences, potentially leaning towards plant-based diets.
- Government policies and incentives aimed at supporting agricultural productivity and sustainability.
- Technological advancements in meat production and processing.
