Forecast: Meat and Poultry Meat Products Turnover in Norway

The turnover for Meat and Poultry Meat Products in Norway is forecasted to decline from 2024 to 2028. In 2023, the turnover stood at 1,015 million Euros. In 2024, it is projected to drop to 973 million Euros, representing a year-on-year decrease of approximately 4.1%. This downward trend continues over the forecast period, with turnovers falling to 933.5 million Euros in 2025, 894.3 million Euros in 2026, 855.4 million Euros in 2027, and further down to 816.9 million Euros in 2028. This results in a compound annual growth rate (CAGR) of about -5.2% over the five-year period from 2023 to 2028.

Future trends to watch for: Potential shifts in consumer preferences towards plant-based proteins, increased regulatory pressures related to environmental sustainability, and the impact of technological advancements in alternative meat products could influence market dynamics. Monitoring these trends will be crucial for stakeholders in making informed decisions.