In 2023, the production of mutton and goat meat in the Philippines stood at 63.1 thousand metric tons. Forecasts show a gradual increase, with production reaching 63.6 thousand metric tons in 2024 and progressively rising to 65.5 thousand metric tons by 2028. Year-on-year percentage increases indicate consistent growth within a narrow band, exemplified by a 0.8% increase in 2024, projected to continue at similar rates through to 2028. The Compound Annual Growth Rate (CAGR) over the next five years is anticipated to hover around 0.95%, signifying steady, albeit modest, expansion.
The key trends to watch in the coming years include fluctuations in demand driven by population growth and changes in dietary preferences, potential impact from agricultural policy reforms, and the introduction of improved breeding and farming techniques aimed at bolstering productivity and sustainability in the sector.
