In 2023, Mexico's horse meat production stood at 70.75 thousand metric tons. The forecast data suggests a declining trend from 2024 to 2028, with production values decreasing year-on-year. The percentages of decline from 2024 to 2028 are as follows: -0.91% in 2025, -0.91% in 2026, -0.89% in 2027, and -0.88% in 2028. Over the last two years (2022-2023), the year-on-year variation shows a slight contraction of -0.7%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -0.94%, indicating a steady decline in production.
Future trends to watch for include potential changes in consumer preferences, government policies, or environmental factors that could influence the production and demand for horse meat in Mexico. Monitoring these trends will be key for stakeholders in the industry.
