Key Market Indicators
Spanish Meat Sales are projected to surge to approximately €44 billion by 2028, up from €36 billion in 2023, marking a steady compound annual growth rate (CAGR) of 3%. Notably, the Spanish meat market has consistently expanded by 5.5% year on year since 2013. As of 2023, Spain ranked third in meat sales, with France taking the lead at €36 billion. The ranking sees France, Spain, and Italy occupying the second, third, and fourth positions, respectively. In terms of meat consumption, Spain is expected to reach around 4.7 million metric tons by 2028, a slight increase from 4.68 million metric tons in 2023. This reflects a modest annual growth rate of 0.2%. Since 2019, the demand for meat in Spain has experienced a yearly growth of 0.3%. Spanish meat production is anticipated to hit nearly 8.35 million metric tons by 2028, rising from 7.66 million metric tons in 2023. This represents an average annual growth rate of 1.4%. Since 1966, meat supply in Spain has seen a consistent year-on-year increase of 2%.
