The production value of meat and poultry meat products in Germany stood at 39.3 billion euros in 2023. The forecasted data indicates a consistent year-on-year increase from 2024 to 2028. Specifically, the production value is expected to rise by approximately 5.4% in 2024, 5.4% in 2025, 4.9% in 2026, 4.5% in 2027, and 4.2% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be around 4.88%.
Future trends to watch for include:
- Increasing consumer demand for sustainable and organic meat products.
- Technological advancements in meat production and processing.
- Changes in regulatory policies impacting production costs and market dynamics.
- Potential shifts in dietary preferences towards plant-based alternatives.
- The impact of international trade agreements on meat export and import dynamics.