In Northern Europe, poultry meat slaughtering experienced steady growth from 2013 to 2023, reaching 1.7933 billion units. Key upward trends occurred in 2015, 2016, and 2017. Notable dips occurred in 2019 and 2020, but a strong rebound followed in 2021. Over the past two years, growth has moderated, with a 1.34% increase in 2023. The five-year compound annual growth rate (CAGR) stands at 1.1%.
Looking ahead, forecasted data shows continued modest growth, reaching 1.9174 billion units by 2028. The five-year CAGR is forecasted at 1.06%, with an overall forecasted growth rate of 5.39% from 2024 to 2028.
Future trends to watch for include:
- Technological advancements in poultry farming
- Changes in consumer preferences towards sustainable practices
- Potential impacts from regulations and trade policies
- Adoption of plant-based alternatives influencing market demand
