The horse meat slaughtering industry in Denmark shows a declining trend from 2024 to 2028, with steady decreases each year. Compared to 2023, where the actual value stood at 566.72 heads, the forecasted figures demonstrate significant drops: 2024 at 19.85% down, 2025 at 22.26%, 2026 at 28.07%, 2027 at 38.24%, and 2028 at 60.7%. This results in an average compound annual growth rate (CAGR) of -37.02% over the given period.
Future trends to watch for include potential legislative changes impacting horse meat consumption, consumer shifts towards vegetarian or alternative protein diets, and economic factors affecting livestock farming. Monitoring these elements can provide insights into the evolving dynamics of the industry.
