The frozen poultry meat market in Finland shows a generally upward trajectory over the years, with fluctuations in growth rates. In 2023, the market value stood at 39.229 million Euros. The period from 2013 to 2023 witnessed significant up-and-down variations, largely driven by market dynamics and consumer preferences. In the past two years, year-on-year growth rates were 6.26% in 2022 and 5.83% in 2023, reflecting a positive trend. Over the last five years, the market faced an average annual growth rate (CAGR) of -0.67%, indicating a mixed performance.
Looking forward, the market is forecasted to grow with an annual CAGR of 3.74% from 2024 to 2028, achieving a total growth rate of 20.17%. This suggests a more stable and optimistic future outlook.
Future trends to watch for:
- Consumer shifts towards plant-based diets and their impact on meat consumption.
- Economic factors influencing consumer spending and market dynamics.
- Sustainability practices and their adoption in the frozen poultry meat industry.
- Technological advancements in food processing and preservation techniques.
- Market responses to health and safety regulations regarding poultry products.
