The meat products turnover in Poland has shown steady growth from 2013 to 2023, reaching 22.54 billion euros in 2023. Significant growth was observed particularly in 2017, with a 13.73% year-on-year increase, and in 2018 and 2019 with respective hikes of 9.13% and 7.14%. However, 2020 marked a notable decline due to a 14.27% decrease. Recovery commenced in 2021 and continued steadily through 2023 with a 5.8% rise. The 5-year CAGR up to 2023 was 3.08%.
Future trends indicate a moderate CAGR of 1.96% from 2024 to 2028, with an overall forecasted growth rate of approximately 10.19% by 2028. While growth remains positive, it is expected to decelerate compared to previous years.
Future trends to watch:
- Shifts in consumer preferences towards alternative protein sources
- Impacts of regulatory changes and environmental policies
- Advancements in meat production technologies and supply chain efficiencies
- Economic fluctuations and their effects on consumer spending
- Impact of global trade dynamics on meat product exports and imports