Between 2013 and 2023, Spain's meat production has shown a consistent upward trend, rising from 5.5027 million metric tons in 2013 to 7.6633 million metric tons in 2023. In 2023, Spain's meat production stood at 7.6633 million metric tons. The year-on-year growth rate for the last two years indicates a moderate increase: 1.81% in 2022 and 1.74% in 2023. Over the last five years, the compound annual growth rate (CAGR) has been 1.95%, reflecting steady but modest growth.
For the forecasted period from 2024 to 2028, the expected CAGR is 1.35%, with an overall growth rate of 6.94% across the period. Meat production is forecasted to reach 8.3495 million metric tons by 2028.
Future trends to watch for:
- Meat production technologies and innovation that could enhance yield without adding environmental stress.
- Increasing consumer preference for plant-based or alternative protein sources, potentially impacting meat demand.
- Regulatory changes related to sustainability and environmental impact, possibly affecting meat production processes.
