The value of the fresh poultry meat market in Spain has shown a steady progression from 2013 to 2023, standing at 4.8685 billion euros in 2023. The annual percentage change in this period fluctuates, with notable increases in 2016 (6.37%) and 2021 (7.86%). However, the market also experienced downtrends such as in 2019 (-6.3%). Over the past two years, the market saw moderate growth with year-on-year increases of 1.97% in 2022 and 1.91% in 2023. The 5-year CAGR leading to 2023 averages at 1.73%, indicating a stable growth trend over half a decade.
Looking ahead to the forecast from 2024 to 2028, the fresh poultry meat market is expected to continue its upward trajectory, although at a slightly reduced pace with a 5-year CAGR of 1.38% and an overall forecasted 5-year growth rate of 7.1%. Potential future trends to watch include consumer preferences shifting towards organic and free-range poultry, the impact of health and sustainability considerations, and possible regulatory changes affecting the industry.
