Morocco's goat meat production has shown a mixed trend over the past decade. Leading up to 2023, production saw periods of both growth and decline, with positive year-on-year variations in 2021 and 2022, at 7.07% and 1.65%, respectively, and a modest growth of 1.59% in 2023, culminating in a volume of 33.49 Thousand Metric Tons. The Compound Annual Growth Rate (CAGR) over the past five years (2018 to 2023) stood at 2.02%, reflecting steady growth after recovery from various fluctuations.
The forecast from 2024 to 2028 suggests a positive albeit slower growth trajectory, with an expected CAGR of 1.24%. This indicates a modest increase in production, reaching 36.23 Thousand Metric Tons by 2028, which translates to an overall growth rate of 6.36% over the next five years.
Future trends to watch for:
- Potential impacts of climate change and water scarcity on goat farming practices.
- Market demand fluctuations due to changing dietary preferences domestically and globally.
- Technological advancements and modernization in goat farming techniques to improve productivity.
- Government policies and subsidies aimed at boosting agricultural productivity.
