In 2023, Norway's meat production stood at an actual volume of 364.10 thousand metric tons. Moving into 2024, the production is forecasted to be 365.29 thousand metric tons, marking a 0.33% year-on-year increase. The upward trend continues with production levels reaching 369.98 thousand metric tons by 2028, showing an average yearly growth (CAGR) of approximately 0.38% over the five-year period from 2024 to 2028.
Key points to watch for the future:
• Advances in sustainable farming practices that could influence production levels and costs.
• Potential policy changes regarding livestock farming in response to environmental concerns.
• Shifts in consumer preferences towards plant-based alternatives impacting meat demand.