The fresh poultry meat market in Spain has shown varied growth over the past decade. Between 2013 and 2023, the market grew from 1.2705 to 1.5684 billion kilograms, registering an overall increase of approximately 23.5%. Over this period, some years saw strong growth, such as 2014 with a 9.48% rise, while others experienced minimal change or slight declines, like 2020 with a mere -0.0047% variation. The Compound Annual Growth Rate (CAGR) over the last five years stood at around 1.52%, indicating steady, albeit modest, growth.
Looking forward to the forecasted years from 2024 to 2028, the market is expected to continue its upward trend, reaching 1.6704 billion kilograms by 2028. The five-year forecast CAGR is projected to be 1%, with an overall growth rate of approximately 5.11% by 2028.
Trends to watch for in the future include potential impacts from changing consumer preferences towards alternative protein sources, regulatory changes affecting poultry farming, and technological advancements in the production and supply chain of fresh poultry meat. Additionally, market shifts due to economic factors or global events could significantly influence growth patterns.
