Between 2013 and 2023, the frozen bovine meat market in Finland varied significantly. The market expanded rapidly from 2013 to 2015, with substantial year-on-year growth rates of 23.37%, 9.71%, and 11.64% respectively. Growth plateaued in 2016 and saw a decline in 2017, with a notable year-on-year decrease of -11.49%. The following years were marked by fluctuating market performance, with declines in 2019 and 2020. However, a resurgence began in 2021, and by 2023, the market value stood at 109.85 million Euros, indicating steady recovery and growth.
Anticipations for the market from 2024 onwards are optimistic, with forecasted year-on-year increases leading to a market size of 138.54 million Euros by 2028. The forecasted 5-year CAGR of 3.67% suggests sustained growth momentum.
Future trends to watch for include innovations in preservation technologies, market responses to environmental and health trends, and shifts in consumer preferences toward frozen bovine meat products within Finland and broader Western markets.
