The fresh bovine meat market in Finland experienced notable growth from 2013 to 2023, increasing from 61.148 million kilograms to 85.886 million kilograms. The market saw an upward trend with a sharp 13.64% increase in 2020, peaking in 2021 at 86.931 million kilograms, followed by a slight dip in 2022, and rising again in 2023 by 2.38%. Over the last five years, the CAGR has averaged 3.05%, indicating robust growth despite minor fluctuations.

Future trends to watch for:

Steady growth with an anticipated 5-year CAGR of 1.7%, resulting in an 8.77% total increase by 2028.
Potential impacts from global economic conditions, market demand fluctuations, and advancements in meat production technology.
Shifts in consumer preferences toward sustainable and ethical meat sources.