The demand for mutton and goat meat in Saudi Arabia is expected to decrease steadily from 2024 to 2028. In 2023, the demand was observed, with 2024 forecasted to show a demand of 138.0 Thousand Metric Tons. Moving forward, the demand is forecasted to decline annually to 135.0, 132.0, 129.2, and 126.4 Thousand Metric Tons by 2028. The year-on-year variation between 2024 and 2025 is around -2.17%, from 2025 to 2026 it is -2.22%, from 2026 to 2027 it is -2.12%, and from 2027 to 2028, it is -2.17%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average annual decrease of approximately -2.18%.
Future trends to watch for include fluctuations in mutton and goat meat production locally and globally, changes in consumer preferences towards healthier or alternative protein sources, the growth of the Saudi economy and population, and potential policy changes that might impact meat imports and domestic livestock production.
