From 2014 to 2023, the demand for beef meat in the Netherlands showed fluctuations in volume, ranging from a low of 268.0 thousand metric tons in 2017 to a high of 283.0 thousand metric tons in 2018. As of 2023, the demand stood at 281.0 thousand metric tons, with a year-on-year growth of 0.36%. The compound annual growth rate (CAGR) over the last five years is -0.14%, indicating a slight average annual decline in demand.
In the forecasted period from 2024 to 2028, beef meat demand is projected to experience a modest growth, with a forecasted 5-year CAGR of 0.14% and an overall growth rate of 0.71%. This suggests a stable yet marginal increase in demand.
Future trends to watch for:
- Impact of alternative meat products on beef demand.
- Changes in consumer preferences and dietary habits.
- Economic factors influencing meat consumption.
- Environmental and sustainability concerns affecting production and demand.
