The demand for mutton and goat meat in Norway is forecasted to grow steadily from 2024 to 2028. The market stood at 27.98 thousand metric tons in 2023. Forecasted data indicates an incremental increase in volume starting from 28.09 thousand metric tons in 2024, to 28.31 thousand metric tons by 2028. The year-on-year growth presents a slight but consistent rise, with a minimal annual percentage change, reflecting a stable demand trajectory.
Key observations include:
- 2024: 0.39% increase from 2023.
- 2025: 0.21% increase from 2024.
- 2026: 0.18% increase from 2025.
- 2027: 0.21% increase from 2026.
- 2028: 0.18% increase from 2027.
The compound annual growth rate (CAGR) over the five-year forecast period is approximately 0.23%.
Future trends to watch for include shifts in consumer preferences towards sustainable and locally sourced meat products, potential impacts of climate change on livestock production, and regulatory changes in food safety standards that could influence both supply and demand dynamics in the mutton and goat meat market.
