Forecast: Poultry Meat Processing Production Value in Germany

The production value of poultry meat processing in Germany stood at 3.41 Billion Euros in 2023. Over the last two years, the year-on-year variation was -1.06% in 2022 and -1.05% in 2023, indicating a slight but continuous decline. Over the past five years, the Compound Annual Growth Rate (CAGR) was -3.09%, reflecting a negative average annual growth trend. From 2013 to 2023, the industry witnessed significant fluctuations, with notable declines starting from 2018. The forecast predicts further declines with a projected 5-year CAGR of -0.78%, leading to a reduced production value of approximately 3.24 Billion Euros by 2028.

Future trends to watch for include:

• Technological advancements in processing techniques to improve efficiency and reduce costs.
• Changing consumer preferences towards alternative protein sources and plant-based diets impacting demand.
• Regulatory changes and their impact on production and market dynamics.
• Inflation and economic factors influencing raw material and operational costs.
• Export market developments and international trade policies.