The frozen whole turkeys market in Germany has shown a declining trend from 2013 to 2023, decreasing from 2.12 million kilograms to 1.40 million kilograms. The year-on-year variations reflect significant fluctuations, with a notable decrease of 23.39% in 2017 and a consistent downtrend in subsequent years, culminating in a 4.74% decline in 2023. The overall CAGR for the period is -2.92%. As 2024 and beyond are forecasted, further declines are expected, with a projected 5-year CAGR of -4.42% leading to a 20.23% reduction in market size by 2028.
Future trends to watch for:
- Sustainability and animal welfare concerns may further decrease demand for frozen whole turkeys.
- Increasing popularity of vegan and vegetarian diets could impact market dynamics.
- Potential shifts in consumer preferences towards fresh or locally-sourced poultry products may influence market projections.