The meat processing production value in Germany showed variable trends from 2013 to 2023, notably fluctuating between increases and decreases. Noteworthy years include 2016 with a positive growth of 6.41%, and a significant drop of 21.38% in 2018. Despite some fluctuations, there has been an observable stabilization from 2019 onwards, with minor variations each year. As of 2023, the meat processing production value stood at 16.42 billion Euros.
Recent years’ variations present a subdued but positive trend. The year-on-year variations for 2022 and 2023 were 0.47% and 0.46%, respectively. A modest 1.94% average yearly growth rate was evident over the past five years.
- From 2024 onwards, forecasted values show slight annual increments, with a predicted average yearly growth rate of 0.37% over the next five years, attaining 16.81 billion Euros by 2028.
- Future trends to watch include potential effects of regulatory changes, shifts towards plant-based diets, and technological advancements in meat processing. Sustainability efforts and consumer preferences will also play pivotal roles in shaping the industry.
