Beef production in India forecast to rise 2%

Published 2024년 12월 24일

Tridge summary

The USDA-FAS in India predicts a 2% rise in the country's beef production to 4.64 MMT in 2025, largely due to increased international demand. Domestic consumption is expected to remain steady at 2.99 MMT due to food inflation concerns. Exports of carabeef are projected to grow by nearly 4% to 1.65 MMT in 2025, with countries like Malaysia, Vietnam, Iraq, UAE, and Saudi Arabia driving the growth. The cattle herd size in India is anticipated to remain largely unchanged in 2025, with a marginal increase in the calf crop due to the government's efforts in dairy development and animal healthcare.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The USDA Foreign Agricultural Service (USDA-FAS) post in India forecasts the country's beef production, which is mostly carabeef, to reach 4.64 MMT in 2025, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report. This is a 2% increase over 2024 based on expectations of increase in international demand. In 2025, domestic consumption of carabeef is forecast to remain unchanged at 2.99 MMT due to ongoing food inflation concerns. India’s carabeef exports in 2025 are forecast at 1.65 MMT, up by nearly 4% from the estimated 1.58 MMT in 2024. Shipments to the traditionally high-volume market of Egypt are expected to be down in 2024, due to higher prices. However, Indian carabeef exports are anticipated to exhibit steady growth in markets like Malaysia, Vietnam, Iraq, United Arab Emirates, and Saudi Arabia. Additionally, other countries with relatively smaller demand for Indian carabeef exports, including Oman, Senegal, Russia, and ...

Source: The Cattle Site