The demand for pork in Ghana has been forecasted to reach 29.0 thousand metric tons in 2024, increasing slightly each year to 29.87 thousand metric tons by 2028. The forecasted annual growth rates show marginal increases of approximately 0.79% in 2025 over 2024, 0.75% in 2026 over 2025, 0.71% in 2027 over 2026, and 0.71% in 2028 over 2027. As we are currently in 2024, the average annual growth rate (CAGR) for the past five years stands at about 0.74%, indicating a steady but modest rise in pork demand.
Future trends to watch for:
- Potential shifts in consumer preferences towards alternative proteins due to health or environmental concerns.
- Economic factors such as changes in disposable income and GDP growth, which could impact meat consumption patterns.
- Government policies and subsidies aimed at boosting local pork production and consumption.
- Market disruptions caused by factors such as disease outbreaks in livestock or supply chain issues.
- Technological advancements in agriculture that could affect pork production efficiency and cost.
