The data indicates that Spain's horse meat production stood at 11.23 thousand metric tons in 2023. The forecasted values show a consistent year-on-year increase, with production expected to reach 11.33 thousand metric tons in 2024, growing steadily to 11.72 thousand metric tons by 2028. The yearly growth percentages are relatively small, indicating a stable upward trend without significant fluctuations. Over the five-year period, the compound annual growth rate (CAGR) averages to a modest but positive figure, highlighting a gradual increase in production capacity.
Future trends to watch for include potential shifts in consumer preferences, regulatory changes impacting meat production, and advancements in livestock management practices. Monitoring these factors will be crucial for anticipating any deviations from the current stable growth pattern.
