Based on the data forecast, Germany's horse meat production in metric tons is expected to see significant declines over the coming years. Starting at 826.4 metric tons in 2024, the production drops steadily to 321.2 metric tons by 2028. Year-on-year percentage changes indicate a consistent downward trend, reflecting an annual average decrement. To provide context, the value stood at a higher level in 2023, from which this consistent decline emerges. The last two years show a sharp reduction, while the Compound Annual Growth Rate (CAGR) over the five-year forecast period also underscores a negative trajectory.
Future trends to watch:
• Monitor shifts in consumer preferences potentially impacting horse meat demand.
• Assess policy or regulatory changes affecting horse meat production and standards.
• Track advancements in alternative protein sources and their market penetration.
