Between 2014 and 2023, Spain's poultry meat production increased from 1.37 to 1.69 million metric tons. This period saw varying growth rates, with significant jumps in 2016 and 2018, and occasional contractions, such as in 2017 and 2020. The most recent data from 2023 reports a modest year-on-year growth of 1.14%, with an average annual growth rate (CAGR) of 0.8% over the last five years.
From 2024 to 2028, the forecasted data indicates a consistent growth trend, with production expected to reach 1.78 million metric tons by 2028. The forecast 5-year CAGR stands at 0.88%, translating to a total growth rate of 4.48% over the period.
Future trends to watch for:
- Advances in poultry farming technology improving efficiency.
- Shifts in consumer preferences towards poultry for health reasons.
- Potential impacts of regulatory changes and trade policies.
- Environmental and sustainability factors affecting production practices.
