The forecasted horse meat slaughtering in South Africa shows a steady decline from 2024 to 2028, with the value decreasing from 6.74 thousand heads in 2024 to 6.52 thousand heads in 2028. In 2023, the actual number stood at 6.80 thousand heads. This indicates a year-on-year variation of -0.88% and -0.88% for 2024 and 2025 respectively. Over the last two years, the average annual decrease is -1.06%. The CAGR over five years is -0.72%, showing a gradual downward trend.
Future trends to watch for:
- Potential changes in consumer preferences and dietary trends.- Regulatory changes impacting the horse meat industry.- Economic factors affecting livestock farming and meat production.- Environmental and ethical considerations influencing market demand.
