The forecast for beef and veal meat supply in India shows a steady increase from 2024 to 2028. In 2023, the supply stood at 4.45 million metric tons. The forecasted data indicates that by 2028, the supply will reach 4.83 million metric tons. Year-on-year variations show increments of approximately 1.5% to 1.8%, indicating a steady growth trend. The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is around 1.75% per year.
Future trends to watch for include shifts in domestic consumption patterns, potential changes in livestock farming efficiency, and regulatory impacts on meat production and trade policies. These factors will be crucial in determining the accuracy of the forecast and any deviations that may occur.
