Forecast: Beef Meat Production in Netherlands

The beef meat production in the Netherlands has shown significant variations over the past decade. In 2023, the production stood at 442.92 thousand metric tons. The production saw a notable increase between 2015 and 2018, peaking in 2018, followed by fluctuations over the subsequent years. Notably, production decreased in 2019 and 2020 but showed recovery in 2021.

Over the last two years, the year-on-year growth rates were relatively modest, with a 0.51% increase in 2022 and a 0.5% growth in 2023. The Compound Annual Growth Rate (CAGR) over the last five years averaged -0.72%, indicating a slight overall decline in production during this period.

Looking ahead, the forecast indicates a steady increase in production with a forecasted 5-year CAGR of 0.41%, resulting in a 2.05% total growth by 2028. Future trends to watch for include technological advancements in cattle farming, potential shifts in consumer demand towards alternative proteins, and possible regulatory changes impacting the beef industry.

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