The Frozen Equine Meat Market in Finland has shown a continuous decline from 2013 to 2023, with volume per capita dropping from 0.47 kg to 0.14 kg. This marks a 70.2% decrease over this 11-year span. Analyzing year-on-year trends, the past two years saw a reduction of 11.1% from 2022 to 2023, and a 5.3% drop from 2021 to 2022. The five-year Compound Annual Growth Rate (CAGR) stands at -14.9%, reflecting a steady decline in consumption.
Future trends to watch for include potential market stabilization or further decline, influenced by rising consumer preferences for other protein sources, health awareness, and increasing environmental considerations in food choices. Monitoring regulatory changes and shifts in consumer demand will also be crucial.
