In 2023, horse meat production in Sweden stood at 1.45 thousand metric tons. The forecast for the years 2024 to 2028 shows a gradual increase in production. Specifically, production is predicted to rise from 1.46 thousand metric tons in 2024 to 1.51 thousand metric tons by 2028. The year-on-year variation in production is modest, with increases of approximately 0.68% in both 2024 and 2025, 1.36% in 2026, and 0.67% in 2027 and 2028. The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2028 is about 0.83%.
Future trends to watch for:
- Environmental regulations affecting livestock farming could influence production practices and outputs.
- Market demand shifts influenced by cultural and societal attitudes toward horse meat consumption.
- Technological advancements in meat production and processing.
- Potential trade agreements or restrictions impacting import-export dynamics.