In 2023, India's chevon production was estimated at approximately 564.4 thousand metric tons. Forecast data from 2024 to 2028 indicates a yearly growth rate, with production increasing from 568.2 to 583.42 thousand metric tons. Year-on-year variation shows a steady growth of approximately 0.68%. The compound annual growth rate (CAGR) over the 5-year forecast period is around 0.67%.
Future trends to watch for in India’s chevon market include:
- Potential shifts in consumer dietary preferences towards sustainable and local meat options.
- The impact of climate change and livestock diseases on production capacity.
- Government policies supporting small-scale farmers and technological advancements in farming practices.
- Trends towards export expansion given the increasing global demand for goat meat.