The cattle supply in India stood at 377.63 million units (heads) in 2023. The forecasted data for the coming years provides the following values: 2024: 378.99 million, 2025: 380.36 million, 2026: 381.72 million, 2027: 383.06 million, and 2028: 384.39 million. Analyzing the year-on-year variations, we see consistent growth as follows:
- 2024: 0.36% increase
- 2025: 0.36% increase
- 2026: 0.36% increase
- 2027: 0.35% increase
- 2028: 0.34% increase
The compound annual growth rate (CAGR) over these five years is approximately 0.35% per year.
Future trends to watch for include advances in animal husbandry technology, governmental livestock policies, climate change impacts, and market demand for beef and dairy products which could influence the cattle supply dynamics in India.
