Forecast: Sold Production of Poultry Offal in Spain

In 2023, the sold production of poultry offal in Spain stood at 59.349 million euros. Between 2013 and 2023, the market demonstrated fluctuations, peaking in 2014 with a year-on-year increase of 4.46% but subsequently declining in 2015 and 2016. The value gradually stabilized from 2017 onwards, with minimal decreases observed annually. From 2022 to 2023, the market showed a slight year-on-year decline of 0.024%. The compound annual growth rate (CAGR) over the last five years up to 2023 was approximately -0.025%.

Looking ahead to the forecasted period from 2024 to 2028, the market is expected to continue its slight decline, with a CAGR of -0.02% and a forecasted 5-year growth rate of -0.1%. Market participants should monitor:

• Changes in consumer preferences towards alternative protein sources.
• Regulatory impacts on poultry production and offal use.
• Technological advancements impacting production efficiency.