Over the past decade, Spain's meat market has shown significant fluctuations. From a value of 10.44 billion Euros in 2012, the market reached 12.984 billion Euros by 2022. The strongest growth was in 2017 with an 11.87% increase following several years of minor declines. The five-year CAGR up to 2022 was 2.37%, reflecting moderate overall growth despite intermediate fluctuations. Particularly notable were the substantial rises in 2020 (5.25%) and 2021 (4.98%) driven by increased domestic consumption perhaps influenced by pandemic-related factors.
Looking ahead, future trends to watch for include the market's response to growing consumer demand for plant-based alternatives, increased regulatory pressures regarding sustainability, and potential trade disruptions. These factors could either limit or provide new growth opportunities within the meat market in Spain.
How does Spain rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | View data |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | |
| 6 | 6 Poland | 8,450,300,000 | 2023 | +3.08% | +3.18% | View data |
| 7 | 7 Sweden | 3,816,100,000 | 2023 | -0.016% | +0.37% | View data |
