Key Market Indicators
Spanish meat sales are projected to climb to €44 billion by 2028, up from approximately €36 billion in 2023. This represents an average annual growth rate of around 3%. Since 2013, the Spanish market has experienced a yearly increase of 5.5%. In 2023, Spain ranked third in meat sales, with France surpassing it to take the second spot. France, Spain, and Italy occupied the second, third, and fourth positions, respectively. Meanwhile, Spanish meat consumption is expected to reach 4.7 million metric tons by 2028, increasing slightly from 4.68 million metric tons in 2023. This reflects a modest annual growth rate of 0.2%. Since 2019, demand in Spain has grown at an annual rate of 0.3%. On the production side, Spanish meat output is anticipated to hit 8.3 million metric tons by 2028, up from 7.7 million metric tons in 2023. This equates to an annual growth rate of 1.4%. Since 1966, Spain's meat supply has seen a yearly increase of 2%.
