The forecast for beef meat production in India shows a consistent decline from 2024 to 2028, starting at 872.68 thousand metric tons in 2024 and decreasing to 850.06 thousand metric tons by 2028. Comparatively, production in 2023 stood at 879.50 thousand metric tons. Year-on-year percentage variations indicate a reduction of approximately -0.67% from 2024 to 2025, -0.66% from 2025 to 2026, -0.65% from 2026 to 2027, and -0.64% from 2027 to 2028. Over the last two years, production decreased by about -0.66% annually. The Compound Annual Growth Rate (CAGR) over the five-year period shows an average annual decrease of roughly -0.66%.
Future trends to watch for include potential impacts from policy shifts, environmental factors influencing livestock breeding, and evolving consumer preferences affecting beef consumption. Market players should monitor these dynamics closely to adapt their strategies accordingly.
