In 2023, the horse meat production in the Netherlands stood at 303.5 Metric Tons. The forecasted data from 2024 onwards shows a consistent year-on-year decline in production volume. From 2024 to 2028, the production is projected to decrease annually: in 2024 by -3.66%, in 2025 by -3.79%, in 2026 by -3.88%, in 2027 by -4.0%, and in 2028 by -4.05%. When observing the last five years' compound annual growth rate (CAGR) from 2024 to 2028, the average annual decline is approximately -3.88%.
Future trends to watch for:
- Market Demand: Changes in consumer preferences could further impact production volumes.
- Regulatory Changes: New policies or regulations on horse meat production could either mitigate or exacerbate the decline.
- Global Market Influence: Global supply chain disruptions or changes in international trade agreements may affect the production levels.
- Sustainability Initiatives: Increasing emphasis on sustainable and ethical farming practices could transform the industry.
