As of 2024, turkey production in Germany is forecasted to decline steadily. From 2024 to 2028, the projected drop ranges between 351.73 thousand metric tons in 2024 to 305.6 thousand metric tons in 2028. Comparing year-on-year forecasts, expect a declining trend with approximate reductions of 3.39% annually. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a consistent negative growth trend.
Future Trends to Watch:
- Monitor consumer preferences towards plant-based alternatives impacting turkey demand.
- Consider potential impacts of environmental regulations on turkey farming.
- Track the influence of economic factors such as inflation on production costs and consumer purchasing power.