Forecast: Meat Demand in Norway

In 2023, the demand for meat in Norway stood at 384.6 thousand metric tons. Forecasts for the next five years indicate a steady increase in meat demand: 386.6 thousand metric tons in 2024, 388.3 in 2025, 389.9 in 2026, 391.5 in 2027, and 393.0 in 2028. Year-on-year percentage changes show minimal growth: 0.52% in 2025, 0.41% in 2026, 0.41% in 2027, and 0.38% in 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 0.40%.

Future trends to watch for include potential shifts in consumer preferences towards plant-based alternatives, sustainability concerns impacting meat consumption, and economic factors influencing disposable income and purchasing power in Norway. Monitoring these trends will be crucial for understanding long-term demand forecasts.

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