In 2023, the rabbit meat slaughtering industry in China reached approximately 280 million units. As of 2024, the forecast predicts a decline in slaughtering volumes, projecting a decrease from 270.53 million units in 2024 to 235.23 million units by 2028. This represents a consistent year-on-year decline, with a noticeable average decrease across the five-year period. The anticipated annual decline rate (CAGR) is expected to be around 3.4% from 2024 to 2028. Factors such as dietary changes, economic conditions, and potential regulatory shifts might influence this trend.
Future trends to watch for:
- Potential shifts in consumer preferences toward alternative protein sources.
- Regulatory changes impacting rabbit meat production and distribution.
- Technological advancements in breeding and processing techniques.
- Market diversification opportunities for rabbit meat producers.