Forecast: Sold Production of Fresh or Chilled Poultry Meat in Germany

The sold production of fresh or chilled poultry meat in Germany has shown fluctuating trends over the past decade, marked by significant volatility from 2013 to 2023. Starting at 2.7903 billion euros in 2013, it witnessed periods of decline, especially in 2015 with a sharp 23.95% decrease. However, a robust growth trajectory resumed from 2019 onwards, culminating in a value of 3.2478 billion euros in 2023.

Recent years have presented steadier growth patterns, with 2021 marking a notable year-on-year increase of 13.13%, reflecting strong market demand and possibly improved production efficiencies. Despite a minor dip in growth rate to 0.95% in 2022, the market picked up again with a 1.66% rise in 2023.

Over the five-year period leading to 2023, the compound annual growth rate (CAGR) stands at 5.72%, indicating consistent upward momentum, albeit with some annual variations. Looking forward, forecasts suggest a modest average annual growth rate of 1.21% from 2024 to 2028, anticipating the value to hit 3.5048 billion euros by 2028.

Future trends to watch for include potential impacts of environmental regulations, shifts in consumer preferences towards alternative protein sources, and technological advancements in poultry farming. Market stakeholders should also be mindful of economic conditions and global supply chain disruptions, which could influence production and pricing dynamics.