The fresh chicken cuts market in Spain has grown steadily, with actual market size volume rising from 383.48 million kilograms in 2013 to 542.24 million kilograms in 2023. Year-over-year variation indicates fluctuations, with the highest increase in 2016 at 18.32%. From 2021 to 2023, year-on-year growth remained consistent between 1.66% and 1.78%. Over five years, the compound annual growth rate (CAGR) is 2.6%. Forecasts predict the market will reach 583.82 million kilograms by 2028, anticipating a more modest 5-year CAGR of 1.17%, reflecting a projected growth rate of 5.98%.
Future trends to watch for:
- Consumer preferences shifting towards organic and free-range products.
- Impact of rising feed and production costs on market prices.
- Effects of environmental regulations and sustainability initiatives.
- Potential technological advancements in poultry farming.
- Changes in export and import dynamics affecting the local market.