World - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
Which Countries Produce the Most Goat Meat?
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Global goat meat market production was estimated at 5,731 thousand tonnes in 2015, which was 221 thousand tonnes more than in 2014. There was an annual increase of +2.4% in physical terms and +15.0% in value terms for the period from 2007 to 2015. In value terms goat meat production reached 25,710 million USD.
From 2007 to 2015, according to market research conducted by IndexBox, goat rearing and farming showed steady growth, rising from 392 million head in 2007 to 466 million head in 2015. It expanded with a CAGR of +2.1% over the period under review
China is the world's largest goat rearer and producer: in 2015, Chinese output amounted to 2,266 thousand tonnes, totaling 40% of total global volume. India ranked next (9%), followed by Pakistan (5%), Nigeria (5%), Bangladesh (4%), and the Sudan (4%). Almost each country's output of this product is consumed domestically, so the rankings in terms of consumption are virtually identical across the board.
From 2007-2015, the most rapid rate of growth in terms of goat rearing and production was observed in China: the average annual rate of growth here amounted to +3.6%, and this increase was recorded almost every year. Bangladesh indicated weaker rates of growth in terms of production levels: here the average annual rate of growth amounted to +2.7%, and Pakistan recorded +2.3%. The remaining countries indicated restrained growth in terms of production; India experienced a slight contraction (-0.5%). On average, globally, goat rearing and production has increased at an average rate of growth of +2.4% from 2007-2014, with China accounting for 55% of this total increase.
Top 5 countries producing the most goat meat in 2015
Do you want to know more about the global goat meat market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- goat meat market share
- goat meat prices
- goat meat industry
- goat meat sales
- goat meat market forecast
- goat meat price forecast
- key goat meat producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global goat meat market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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