The forecast data for the sold production of processed and preserved poultry meat in Germany indicates a steady increase from 2024 to 2028, starting at 3.9298 billion euros in 2024 and reaching 4.195 billion euros by 2028. This shows a consistent upward trend in the market. The year-on-year growth rates illustrate how the market expects to see incremental increases annually, reflecting a robust demand for processed and preserved poultry products. As of 2023, the actual recorded value stood at 3.865 billion euros.
Key observations:
- From 2024 to 2025, the market is expected to grow by approximately 1.71%.
- From 2025 to 2026, the expected growth rate is around 1.67%.
- From 2026 to 2027, the projected increase is about 1.62%.
- From 2027 to 2028, the forecasted growth rate is approximately 1.58%.
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 is forecasted to be around 1.66%.
Future trends to watch for include shifts in consumer preferences toward healthier and organic poultry options, potential impacts of trade policies on the meat industry, and advancements in poultry processing technology. Additionally, sustainability practices and their effect on production costs and market demand will also be significant factors to monitor.