Forecast: Poultry Meat Processing in Spain

The analysis of the poultry meat processing in Spain reveals a relatively stable market over the observed period from 2014 to 2023, with only minor variations. Value in 2023 stood at 13.0 thousand metric tons, unchanged from the previous six years, indicating no year-on-year variation for 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) remained flat at 0%. Between 2014 and 2019, there were some fluctuations, notably an 8.33% increase in 2016 and 2018, and a -7.69% decrease in 2017. Post-2019, the market value has been consistent.

Future trends to watch include:

  • Potential market saturation leading to stable values, as indicated by the 0% forecasted CAGR for the next five years.
  • Technological advancements in processing methods that could drive efficiency gains.
  • Increased consumer demand for alternative proteins, which could impact traditional poultry meat processing volumes.

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