The forecasted data indicates a gradual increase in chevon slaughtering in India, with volumes rising from 56.763 million heads in 2024 to 58.274 million heads in 2028. This continuous increase reflects a stable year-on-year growth rate ranging from 0.68% to 0.73% annually. Additionally, the compound annual growth rate (CAGR) over this five-year period is a steady 0.66%, signaling a consistent upward trend.
Future trends to watch for include:
- Increased domestic demand due to rising income levels and population growth.
- Potential impacts of climate change on goat farming practices.
- Government policy changes regarding livestock management and trade tariffs.