The fresh chicken cuts market in the Netherlands has seen considerable fluctuations in volume from 2013 to 2023. Starting at 736.08 million kilograms in 2013, the market experienced several peaks and troughs, reaching its highest volume in 2018 at 979.38 million kilograms. Subsequently, the market faced a steady decline, dropping to 574.29 million kilograms by 2023. This represents a significant annual decrease of 11.55% in 2023. The five-year CAGR from 2019 to 2023 was -10.13%, indicating a persistent downward trend in recent years.
Forecasts from 2024 to 2028 depict a continual decline, with volumes projected to fall to 210.42 million kilograms by 2028. This translates to a forecasted five-year CAGR of -15.9%, highlighting a sharp contraction in market size. The anticipated growth rate over these five years is -57.92%, suggesting a potentially critical shift in market dynamics.
Future trends to watch for include:
- Changes in consumer preferences and demand for alternative protein sources.
- Impact of regulatory changes and health advisories on chicken consumption.
- Technological advancements in the poultry industry that might influence production efficiency and costs.
- Environmental and sustainability concerns affecting market dynamics.