Key Market Indicators
French meat sales are projected to hit €40.5 billion by 2028, up from €38.9 billion in 2023, reflecting a modest annual growth rate of 0.6%. However, the market has seen a decline since 2013, with a yearly drop of 0.4%. In 2023, France ranked second in meat sales, overtaken by Germany at €38.9 billion. Spain and Italy followed in third and fourth places, respectively. Meat consumption in France is expected to reach 5.22 million metric tons by 2028, down slightly from 5.24 million metric tons in 2023. This represents a minor annual decrease of 0.1%. Since 2019, the nation's meat demand has been shrinking by 0.2% each year. On the production front, France is anticipated to produce 5.1 million metric tons of meat by 2028, down from 5.3 million metric tons in 2023. This decline, averaging 0.5% annually, continues a long-term trend; French meat supply has decreased by 0.6% per year since 1966. Additionally, a separate metric indicates that French meat production is forecast to drop dramatically from 1 metric ton in 2023 to just 0.1 metric tons by 2028, experiencing an average annual decline of 34%. Historically, this particular metric has seen a yearly reduction of 12.9% since 1966.