In 2023, the horse meat slaughtering industry in Malaysia stood at 1.68 thousand heads.
From 2024 to 2028, the forecasted data shows a steady increase in horse meat slaughtering: • 2024: 1.69 thousand heads • 2025: 1.69 thousand heads • 2026: 1.70 thousand heads • 2027: 1.71 thousand heads • 2028: 1.72 thousand heads
The year-on-year variation between 2023 and 2024 is approximately +0.60%. The forecasted year-on-year variation from 2024 to 2025 shows no change, and from 2025 to 2026, the increase is roughly +0.59%. The growth continues with a +0.59% increase from 2026 to 2027, and a similar +0.58% rise from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is projected to be around +0.60%, indicating a consistent, albeit modest rise in the volume of horse meat slaughtering over the five-year period.
Future trends to watch for include potential shifts in consumer preferences and regulatory changes concerning horse meat production. Increasing demand for alternative proteins could impact the industry, as could advancements in veterinary practices and livestock management, potentially influencing the supply side dynamics.
