The production value of meat and poultry meat products in Finland stood at 2.16 billion Euros in 2023. Over the past decade, the industry's value has experienced fluctuations with a noticeable decline between 2016 and 2019, followed by a mild recovery from 2020 onwards. Key year-on-year variations include a significant drop of 6.71% in 2017 and a recovery of 6.71% in 2020. The five-year CAGR from 2018 to 2023 was 1.13%, reflecting a mild growth trend.
Looking ahead, the forecast predicts a steady but slow growth pattern, with a 5-year CAGR of 0.15% leading up to 2028 and an overall growth rate of 0.75% for the same period. This suggests that while the market is expected to stabilize, significant growth remains unlikely in the near term.
Future trends to watch for include:
- Consumer preferences shifting towards plant-based and alternative proteins
- Technological advancements in meat production and sustainability
- Impact of regulatory changes on production practices and costs
- Global trade dynamics and its effect on export opportunities and competition
