In 2023, the veal and beef production at farm gate in Switzerland stood at 1.26 Billion Euros. For 2024, the forecasted value is 1.27 Billion Euros, indicating a 0.79% year-on-year increase. The trend continues with values of 1.28 Billion Euros in 2025 and 2026, reflecting a steady growth rate of approximately 0.78% annually. By 2027 and 2028, the value further rises to 1.29 Billion Euros, maintaining a consistent growth pattern with year-on-year growth rates of 0.78% and 0.78% respectively. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is 0.79%.
Future trends to watch for include potential impacts of climate change on livestock farming, evolving consumer preferences towards plant-based alternatives, and regulatory changes affecting animal farming standards. Monitoring these factors will be crucial in assessing market dynamics and production capabilities in the Swiss veal and beef industry.
