Forecast: Sold Production of Processed and Preserved Poultry Meat in Spain

Between 2013 and 2023, the sold production of processed and preserved poultry meat in Spain exhibited fluctuations, peaking in 2014 and experiencing significant drops especially in 2017 and 2021. In 2023, production stood at 1.582 billion kilograms, a moderate increase of 1.73% from the previous year. The 5-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was -2.78%, indicating a general declining trend over this period. However, forecasts from 2024 predict a gradual recovery with a projected CAGR of 1.26% and a total growth rate of 6.47% by 2028.

Future trends to watch for include:

  • Technological advancements and automation in poultry processing that can boost efficiency and production.
  • Shifts in consumer preferences towards organic and high-quality meat products that might impact production dynamics.
  • Regulatory changes and export-import policies that could affect overall market demand and supply.

Top Countries about Poultry Processing