The sold production of frozen turkey cuts in Germany was standing at 15.28 million Euros in 2023. From the forecasted data, it is evident that there will be a consistent decline in the market over the upcoming years. Specifically, the expected values are 13.862 million Euros in 2024, 12.481 million Euros in 2025, 11.113 million Euros in 2026, 9.7581 million Euros in 2027, and 8.4173 million Euros in 2028.
Key Year-on-Year Variations:
- From 2024 to 2025: -9.96%
- From 2025 to 2026: -10.95%
- From 2026 to 2027: -12.20%
- From 2027 to 2028: -13.73%
Last 2-year trend (2023-2025): -18.38%
Compound Annual Growth Rate (CAGR) (2023-2028): -10.83%
Future trends to watch for include shifts in consumer preferences towards alternative protein sources, potential trade regulations impacting imports and exports, and economic factors influencing consumer spending patterns. Sustainability practices and advancements in food technology might also play a significant role in shaping the market outlook.
