The Finnish beef meat market experienced significant variability between 2014 and 2023. The market showed an upward trend from 99.0 thousand metric tons in 2014, fluctuating with a slight dip in 2015 (-2.02%), then rising again with notable increases in 2016 (2.06%) and 2017 (5.05%). By 2023, the market stabilized with a modest year-on-year growth rate of 0.93%, reaching 108.0 thousand metric tons. The compound annual growth rate (CAGR) over the past five years was 0.37%, indicating a steady but slow growth trend.
Looking ahead, forecasts project the market will grow to 111.0 thousand metric tons by 2028, with a five-year CAGR of 0.55% and an overall growth rate of 2.78%. This suggests a continued but moderate expansion.
Future trends to watch for include the impact of sustainable farming practices, potential shifts in consumer preferences towards plant-based proteins, and economic factors influencing meat consumption, all of which could play a role in shaping market dynamics.
