The meat and poultry meat products market in Spain stood at 1.7592 Billion Kilograms in 2023. The year-on-year variation between 2022 and 2023 was 1.05%, reflecting a fairly stable market growth. Over the last five years, the market experienced a CAGR of 0.25%, indicating a slow growth trend. From 2013 to 2023, there were notable fluctuations, with significant growth in 2016 (5.48%) and declines in certain years like 2013 (-2.28%) and 2019 (-2.19%). Future forecasts from 2024 to 2028 predict an average annual growth rate of 0.79% with an overall increase of 3.99% over five years.
Future trends to watch for include:
- Increased demand for organic and sustainable meat products, which could drive market changes.
- The impact of technological advancements in meat production and processing on market expansion.
- Changing consumer preferences towards alternative protein sources, affecting overall meat consumption rates.