The German poultry meat market has seen fluctuating values over the past decade, peaking in 2014 at €6.7393 billion and reaching its lowest point in 2015 at €5.7424 billion. As of 2023, the market size stands at €6.2758 billion. Recent years have witnessed modest growth with year-on-year variations of 0.15% in both 2022 and 2023. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 shows a slight decrease of -0.54%. Forecasted data indicates a stable but slow growth with a forecasted 5-year CAGR of 0.11% and an overall growth rate of 0.57% by 2028.
Future trends to watch for:
- Increased consumer demand for health-conscious and organic poultry meat products
- Potential impacts of regulatory changes and trade policies on market dynamics
- Technological advancements in poultry farming and processing
- Shifts in consumer preferences towards alternative protein sources