The animal production industry in Spain has shown significant growth from 2013 to 2023, with the value reaching 17.71 billion Euros in 2023. Despite several fluctuations, including a considerable drop in 2020, the overall trend has been positive. The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) is approximately 3.96%, indicating steady growth. Notable peaks include the year-on-year increase of 14.76% from 2021 to 2022, contrasting with a 2.34% decline from 2022 to 2023.
- 2013-2023: Steady growth with minor fluctuations.
- 2013: Value at 12.47 billion Euros, CAGR of 4.36%.
- 2023: Reached 17.71 billion Euros, CAGR of 3.96%.
- 2018-2023: Average annual growth of 3.96%.
Looking forward, the forecast indicates continued growth with projected values reaching 20.86 billion Euros by 2028. The projected CAGR for the next five years (2024-2028) is 2.6%, showing a more moderate but sustained upward trajectory. Future trends to watch include technological advancements in animal husbandry, the impact of EU policies on sustainability, and potential global market shifts influencing the industry.
Latest reports
US Poultry Market Report- Q1 2025
In the first quarter of 2025, the US poultry market is encountering transformative shifts driven by evolving consumer preferences, regulatory changes, and international...
China Poultry Market Report- Q1 2025
In the first quarter of 2025, the Chinese poultry market is experiencing significant growth driven by technological advancements, strategic government policies, and evolving...
Japan Poultry Market Report- Q1 2025
In the first quarter of 2025, Japan's poultry market is experiencing dynamic growth, driven by increased production and consumption, economic conditions, and evolving...
Germany Poultry Market Report- Q1 2025
The German poultry market in Q1 2025 is navigating a complex landscape characterized by economic pressures, regulatory changes, and evolving consumer preferences. The...
India Poultry Market Report- Q1 2025
The India poultry market in Q1 2025 has been marked by significant developments driven by evolving consumer preferences, economic conditions, and strategic industry...
UK Poultry Market Report- Q1 2025
In the first quarter of 2025, the UK poultry market experienced distinct dynamics across its various segments. The broiler sector maintained steady demand,...
France Poultry Market Report- Q1 2025
In Q1 2025, the poultry market in France exhibited stability and resilience amid broader economic challenges, characterized by steady production volumes and strong...
Canada Poultry Market Report- Q1 2025
The Canadian poultry market in the first quarter of 2025 is navigating a multifaceted landscape characterized by trade tensions, evolving consumer preferences, and...
Brazil Poultry Market Report- Q1 2025
The poultry market in Brazil in the first quarter of 2025 has continued to demonstrate resilience and adaptability amidst economic challenges, making the...
Italy Poultry Market Report- Q1 2025
The Italy poultry market in Q1 2025 is navigating a dynamic landscape driven by various economic and market trends. Key segments such as...
