The forecast for horse meat slaughtering in the US from 2024 to 2028 shows a continuous decline. The projected figures for each year are as follows: 67.07 thousand heads in 2024, 65.13 in 2025, 63.24 in 2026, 61.38 in 2027, and 59.56 in 2028. The year-on-year variation indicates a steady decrease: -2.9% from 2024 to 2025, -2.9% from 2025 to 2026, -2.9% from 2026 to 2027, and -3.0% from 2027 to 2028. The average compound annual growth rate (CAGR) over the five years is -2.93%.
In 2023, the value stood at 69.28 thousand heads. The trends over both the single and multiple years show a clear declining pattern which suggests a decrease in horse meat demand or factors such as policy changes, shifts in public sentiment, or economic factors affecting the industry.
Future trends to watch include regulatory impacts on horse meat production, consumer preferences shifting away from horse meat, potential animal welfare legislations, and international market dynamics affecting supply and demand.
