The gross investment in the meat processing sector in Spain fluctuated significantly between 2013 and 2023. Starting at 627.4 million Euros in 2013, it experienced an upward trend with notable peaks and troughs. The highest growth spurts occurred in 2015, 2017, and 2019. However, from 2020 forward, a gradual decline has characterized the sector, with a slight, consistent drop each subsequent year. In 2023, the investment stood at 1,030 million Euros.
This trend translates into a year-on-year decrease of 0.72% in 2023 and a 5-year CAGR of 1.97%. The forecast from 2024 to 2028 suggests a continued mild decline with a forecasted 5-year CAGR of -0.31%.
Future trends to watch for include potential impacts from technological advancements, sustainability practices, and regulatory changes, which could influence investment patterns in the meat processing sector.
