The meat market size volume in Kenya stood at 827.0 thousand metric tons in 2023, showing a year-on-year increase of 0.98%. The Compound Annual Growth Rate (CAGR) over the last 5 years is 0.67%. Over the previous decade, growth has fluctuated with notable declines in 2019 (-0.38%) and 2020 (-4.05%) but saw recovery in 2021 (6.18%) and a steady upward trend up to 2023.
Looking forward, forecasts predict a slight increase, reaching 864.58 thousand metric tons by 2028 with a forecasted 5-year CAGR of 0.7% and a total growth rate of 3.57%.
Future trends to watch for:
- Impact of economic factors on meat consumption
- Changing dietary preferences and shifts towards alternative protein sources
- Advancements in livestock farming technologies
- Government policies and their influence on the meat industry
