Forecast: Meat and Poultry Meat Products Turnover in Spain

The turnover for meat and poultry meat products in Spain stood at 12.5 billion euros in 2023. From 2013 to 2023, the market experienced a mixture of growth and minor declines, with the turnover reaching a peak of 12.24 billion euros in 2022. Notable increases were observed in 2015 (9.48%) and 2018 (9.24%), while the most significant decline occurred in 2020 (-4.89%). The compound annual growth rate (CAGR) from 2019 to 2023 was 2.13%. Year-on-year variations highlight fluctuations due to economic factors and consumer behavior.

Future trends to watch for in this market include:

  • Continued modest growth with a forecasted CAGR of 1.48% from 2023 to 2028.
  • Impact of sustainable and plant-based meat alternatives on traditional meat sales.
  • Effects of regulatory changes and health trends on consumer preferences.

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