In 2023, Germany's pig production was valued at approximately 7.36 billion euros. Forecasts suggest a gradual increase from 2024 to 2028, starting at 7.39 billion euros in 2024 and reaching 7.5 billion euros in 2028. This marks a consistent year-on-year growth of around 0.4% to 0.5% annually. The 5-year compound annual growth rate (CAGR) is projected at roughly 0.45%, indicating a stable yet modest upward trend.
Future trends to watch for:
- Environmental regulations impacting farming methods.
- Technological advancements boosting efficiency.
- Changing consumer preferences potentially altering demand.
- Trade policies affecting international market dynamics.