In 2023, the sold production of fresh or chilled beef and veal carcasses in Germany stood at approximately 2.20 billion Euros. The forecasted data from 2024 to 2028 shows a steady increase, growing from 2.2268 billion Euros in 2024 to 2.3349 billion Euros in 2028. The year-on-year growth rates indicate a consistent upward trend, suggesting a stable market with growth hovering around 1% each year. The compound annual growth rate (CAGR) over this period reflects an average annual increase of approximately 1% over the five-year forecast period.
Future trends to watch for include potential impacts of changing consumer preferences towards sustainable and alternative protein sources, regulatory changes regarding meat production and environmental considerations, and the influence of trade dynamics within the European Union. Market participants should monitor these factors which could disrupt this steady growth trend in the beef and veal market.
