The sold production of meat and poultry meat products in Finland has shown annual fluctuations, with a peak of 301.84 million kilograms in 2017 and a significant drop to 254.07 million kilograms in 2020. However, there has been a recovery since then, with 297.16 million kilograms recorded in 2023. Over the last two years, we observed a year-on-year increase of 13.23% in 2022 and 3.72% in 2023. The compound annual growth rate (CAGR) over the past five years stands at 0.97%.
Looking ahead, the forecasts indicate consistent growth, with projected volumes reaching 312.93 million kilograms by 2028. This suggests an annual average growth (CAGR) of 0.82% over the next five years, translating to an overall growth rate of 4.18% from 2024 to 2028.
Future trends to watch for include:
- Potential market adjustments based on consumer preferences for alternative proteins.
- Regulatory changes impacting meat production policies.
- Technological advancements in meat processing and production efficiency.
- Economic factors influencing production costs and market demand.
