In 2023, the number of meat processing enterprises in Germany stood at 866. The forecast data from 2024 to 2028 shows a consistent decline, with the numbers dropping from 861 enterprises in 2024 to 842 enterprises in 2028.
The year-on-year changes indicate minor declines each year. Specifically, a decrease of 0.58% is projected from 2024 to 2025, followed by a decrease of 0.47% from 2025 to 2026, 0.59% from 2026 to 2027, and 0.59% from 2027 to 2028. The compound annual growth rate (CAGR) for the period is forecasted to be -0.56% per year.
Future trends to watch for:
- Increased focus on sustainability and efficiency in meat processing technology might influence the market structure.
- Regulatory changes and consumer preferences shifting towards alternative proteins could impact the industry landscape.
- Mergers and acquisitions could play a significant role in shaping the number of enterprises in the sector.