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Global Goat Meat Market - Industry Development Outlook 2018 

02-19-2018 11:01 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IndexBox Market Report

IndexBox has just published a new report "World: Goat Meat - Market Report. Analysis And Forecast To 2025" ( http://www.indexbox.co.uk/store/world-goat-meat-market-report-analysis-and-forecast-to-2020?utm_source=opr ).

This report provides a detailed study 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 indicates the market prospects through 2025.

Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.

Product coverage:
Sheep And Goat Meat

Data coverage:
• Goat meat market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global goat meat production, split by region and country;
• Global goat meat trade (exports and imports);
• Producer, export and import prices for goat meat;
• Goat meat market trends, drivers and restraints;
• Key market players and their profiles.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Abstract
Global goat meat market revenue amounted to 3,408 million USD in 2015, surging by +6.4% against the previous year level. Overall, global goat meat market continues to undergo a prominent growth: the market value increased at an average annual rate of +9.1% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when the market revenue increased by +33% from the previous year level. Over the period under review, the global goat meat market revenue peaked in 2015, and is likely to continue its growth in the immediate term.

Over the analyzed period, an increase in global goat meat production was primarily driven by disposable income growth and population growth. Furthermore, these key drivers are expected to continue promoting the goat meat output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and a moderate improvement of the yield figures.

The country with the largest volume of the goat meat output in absolute volumes was China (2,156 thousand tonnes), accounting for 37% of global production. Moreover, goat meat output in China exceeded the figures recorded by the world's second largest producer, India (501 thousand tonnes), fourfold. The third position in this ranking was occupied by Pakistan with a share of 6%. From 2007 to 2015, an average annual growth rate of China's goat meat producton stood at +3.0%. The remaining producing countries recorded the following average annual growth rates: India (-0.8% per year) and Pakistan (+2.8% per year).

The world goat meat producing animals (slaughtered) amounted to 472,462 thousand head in 2015, which was 1.8% more than the previous year figure. The producing animals (slaughtered) indicated a noticeable increase over the period under review, representing a compound annual growth rate of +2.5% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total goat meat producing animals (slaughtered) peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for goat meat globally.

The global average goat meat yield/carcass weight amounted to 123 hg/An in 2015, fluctuating near the previous year level. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +0.1% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest goat meat yields were recorded in 2008, when it peaked at 123 hg/An. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.

Source: http://www.indexbox.co.uk/store/world-goat-meat-market-report-analysis-and-forecast-to-2020?utm_source=opr

IndexBox is a leading market research publisher in the world. You can find more than 25,000 research reports in our web store, which cover global industries and regional markets. All the worldwide marketing data you need is at your fingertips.

Company Name: IndexBox
Contact Person: Kirill Bezverhi
Email: kirill.bezverhi@indexbox.co.uk
Phone: +44 20 3239 3063
Adress: United Kingdom, 44 Main Street, Douglas, South Lanarkshire, Scotland, ML11 0QW

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