The poultry meat processing production value in Spain has shown a general upward trend from 2013 to 2023, reaching 4.07 billion euros in 2023. Variations have occurred year-on-year, with notable growth periods in 2015 (12.65%) and 2019 (10.27%). However, there were slight declines in 2016 (-3.18%) and 2020 (-4.03%). Overall, the compound annual growth rate (CAGR) over the last five years was 4.18%, indicating steady growth in the sector.
Looking forward to the forecasted data from 2024 to 2028, the production value is expected to increase to 4.73 billion euros by 2028. The forecasted CAGR for this period is 2.37%, with a total growth rate of 12.4%. Future trends to watch for include potential impacts of supply chain innovations, consumer demand for premium and sustainable poultry products, and potential regulatory changes related to food safety and animal welfare. Additionally, the market may be influenced by shifts in global trade dynamics and exports, as well as technological advancements in processing methods.
