Between 2013 and 2023, the sold production of flours, meals, and pellets of meat in Spain experienced significant fluctuations. The value peaked in 2013 at 191.28 million euros but saw declines until 2016. From 2017 onwards, the trend showed gradual recovery with notable growth in 2021, where the value reached 208.49 million euros. In 2022 and 2023, the values showed stable growth, standing at 217.36 million euros in 2023. Analyzing the percentage change, the industry showed a volatile trend, with a sharp rise in 2021, stabilizing in the subsequent years. The last 5-year CAGR reveals an average annual growth rate of 7.85% over the past five years.
Future trends show moderate growth with a forecasted 5-year CAGR of 2.28% and an overall growth rate of 11.91% from 2023 to 2028. Key trends to watch include market stability, potential regulatory changes, and evolving consumer demands, which could influence production patterns and industry profitability.
