IndexBox has just published a new report: ‘Asia-Pacific – Goat Meat – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.
The Asia-Pacific goat meat market expanded rapidly to $30.1B in 2019, growing by 9.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The total market indicated a prominent expansion from 2007 to 2019: its value increased at an average annual rate of +1.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +56.7% against 2014 indices. The level of consumption peaked in 2019 and is expected to retain growth in years to come.
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