The turnover in the meat processing industry in the Netherlands stood at 4.41 billion euros in 2023. Over the past decade, the industry experienced fluctuations with significant drops, notable recoveries, and stabilized growth in recent years. The year-on-year variations highlight periods of both decline and growth, with the most substantial drop in 2014 and notable recovery in 2018 and 2019. The recent years show a stable growth pattern with minor year-on-year increases around 0.31% to 0.32% from 2021 to 2023. The CAGR over the past five years was relatively stable at 0.0077%.
Looking forward, the industry's turnover is forecasted to achieve modest growth with a predicted CAGR of 0.24% from 2024 to 2028. While the growth rate is stable, future trends to watch for include:
- Investment in sustainable meat processing practices.
- Increased consumer demand for plant-based alternatives impacting traditional meat processing.
- Technological advancements in production efficiency and supply chain management.
- Regulatory changes impacting production and export markets.
- Potential impacts of global economic conditions and trade policies.
