The beef meat market size volume per capita in Australia is experiencing a steady decline. The per capita consumption was 25.32 kilograms in 2024 and is expected to decrease to 24.71 kilograms in 2025, 24.12 kilograms in 2026, 23.54 kilograms in 2027, and 22.97 kilograms in 2028. In 2023, the actual consumption stood at 26.00 kilograms per capita. The year-on-year variation reflects a consistent downward trend, with the market shrinking approximately 2-3% annually. Over the last two years, the decline has been more pronounced, but the five-year compound annual growth rate (CAGR) suggests a gradual reduction of about 2% per year.
Future trends to watch for include shifts in consumer preferences towards plant-based proteins, the impact of climate change on beef production, and policy changes aimed at reducing carbon footprints. These factors could further influence the decline in beef consumption, potentially accelerating current trends.
