The market volume for hare meat will reach 1.8 million tonnes by the end of 2025 as the current trend pattern shows an expansion of 2.3% CAGR.
China was the main market for rabbit meat in the last couple of years, accounting for 62% (925,000 tonnes) of the world's total consumption (1.5 million tonnes), followed by North Korea (154,000 tonnes) and Egypt (57,000 tonnes).
Driven by increasing demand for rabbit meat worldwide, the market is expected to continue an upward consumption trend over the next six years, according to market research firm IndexBox.
Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.3% until 2025, bringing the market volume to 1.8 million tonnes.
In terms of production, China leads the top (932,000 tonnes), accounting for 63% of the world' rabbit meat production. North Korea ranks second (154,000 tonnes), while Spain came third with a production of 57,000 tonnes and a 3.9% market share. According to the analysis, global rabbit meat production is likely to see steady growth in the near future.
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