The frozen poultry meat market volume in Spain has seen fluctuations between 2013 and 2023, with the market standing at 114.52 million kilograms in 2023. There was a significant decline from 2013 to 2014, followed by varying annual growth rates. Notably, the market experienced a considerable drop in 2016 and a strong recovery in 2021 with an 11.51% increase. The year-on-year increase from 2022 to 2023 was relatively modest at 0.44%. The compound annual growth rate (CAGR) over the last five years has been 1.36%.
Future trends to watch for in the frozen poultry meat market include a stable growth trajectory with a forecasted CAGR of 0.33% from 2024 to 2028. The total market is projected to grow by 1.68% over this period, indicating a steady, albeit slow, increase in demand. Key factors influencing future trends may include changes in consumer preferences, economic conditions, and potential advancements in freezing technology.
