In 2023, India's per capita beef and veal consumption stood at approximately 2.02 kilograms. The forecasted figures from 2024 to 2028 show a slight increase to 2.04 kilograms, indicating a stabilization in consumption levels. Year-on-year variation from 2023 to 2024 shows a minimal increase of 0.5%, with negligible variations expected over the subsequent years. The Compound Annual Growth Rate (CAGR) over this period indicates a growth rate approaching zero, suggesting stable consumption patterns.
Future trends to watch for include potential shifts in dietary preferences due to changes in cultural attitudes or economic factors, along with policy changes affecting meat production and consumption in India. These elements could alter forecasted stability in beef and veal consumption over the coming years.
