The meat production in India stood at approximately 8.83 million metric tons in 2023. The forecast for 2024 to 2028 shows a steady increase, reaching about 9.68 million metric tons by 2028. Year-on-year, production is projected to grow by an average of around 1.95% from 2024 to 2028. The compounded annual growth rate (CAGR) over these five years is anticipated to be roughly 2.0%.
Future trends to watch for:
- Expanding middle-class appetite for varied diets could drive demand.
- Impact of climate change on livestock and feed availability.
- Adoption of sustainable and ethical meat production practices.
- Government regulations and support for meat industry innovation.