An analysis of horse meat production in Brazil forecasted from 2024 to 2028 reveals a steady increase in volume. In 2023, the production of horse meat stood at 23.11 Thousand Metric Tons. Forecasted values indicate a moderately upward trend with values reaching 23.7 Thousand Metric Tons by 2028. This represents a year-on-year variation of approximately 0.52% to 0.57% across the forecasted period from 2024 to 2028. Over the last two years, the average annual growth rate has been approximately 0.56%, and the Compounded Annual Growth Rate (CAGR) over the next five years is also around 0.56%.
Future trends to watch for include potential changes in consumer preferences, regulatory impacts on horse meat production, and the overall global demand for alternative protein sources. Monitoring these factors will be crucial for understanding the dynamics that could influence the future trajectory of horse meat production in Brazil.
