Between 2014 and 2023, meat demand in Vietnam rose steadily from 5.75 to 6.36 million metric tons. Despite a minor dip in 2020, growth pace resumed with a 0.55% increase in 2023. Over the last five years, growth has averaged an annual CAGR of 0.46%.
Future trends to watch for include a forecasted 2.22% overall growth by 2028, equating to an average annual CAGR of 0.44%. Factors influencing future demand could involve shifts in consumer preferences, economic conditions, and potential health and environmental considerations. Monitoring these variables closely will be crucial for accurately projecting meat demand in Vietnam.
