The Fresh Sheep Meat Market in Spain saw a declining trend from 2013 to 2023, decreasing from 2.09 kg to 1.62 kg per capita. From 2022 to 2023, the market contracted by approximately 3.57%. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 reflects an average annual decline in consumption.
Future trends to watch for include:
- Potential market stabilization if consumer preferences or economic conditions change.
- The influence of sustainable and ethical consumption driving alternative protein sources.
- Regulatory changes or incentives impacting meat production and consumption patterns.
- Economic factors influencing consumer spending power and dietary choices.
