Between 2013 and 2023, the frozen poultry meat market in Germany showed a significant downward trend, starting from 1.5153 billion Euros in 2013 to 0.65208 billion Euros in 2023. The market experienced a sharp decline around 2016 and continued to drop steadily in subsequent years. The year-on-year variation over the last two years shows a decrease of 6.85% from 2021 to 2022 and 7.24% from 2022 to 2023. The five-year Compound Annual Growth Rate (CAGR) stands at -8.71%, signaling an average decrease per year.
Forecasts from 2024 to 2028 indicate a continued decline, with a forecasted five-year CAGR of -7.6%, suggesting a market size of 0.40525 billion Euros by 2028, reflecting a 32.65% reduction over the period.
Future Trends to Watch:
- Consumer preferences shifting towards fresh and alternative protein sources
- Potential impact of new policies on frozen food standards and import regulations
- Technological advancements in freezing and preservation methods
- Sustainability concerns influencing supplier and consumer choices
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