Forecast: Protein Crops Production in France

The production of protein crops in France has demonstrated significant variability over the past decade, peaking in 2017 and steadily declining since then. Between 2013 and 2015, production saw robust growth, followed by a notable dip in 2016. The trend reversed sharply upwards in 2017, only to decline again in subsequent years. By 2023, production stood at 545.2 thousand metric tons, reflecting a consistent year-on-year decrease since 2019, with a significant annual reduction observed.

From 2019 to 2023, the compounded annual growth rate (CAGR) was -6.03%, highlighting the downward trend. The last two years (2022-2023) showed negative growth rates of -7.19% and -7.59%, respectively.

Future projections up to 2028 suggest a continued decline, with a forecasted 5-year CAGR of -8.91%, resulting in a drastic reduction of production volume to 311.11 thousand metric tons. This indicates a cumulative decline of approximately 37.27% over the forecasted period.

Future trends to watch for:

• The impact of climate change and extreme weather conditions on crop yields.
• Potential shifts in agricultural policies and subsidies related to protein crops.
• Innovations in agricultural technology and practices aimed at increasing yield.
• Market demand fluctuations for protein crops, driven by protein consumption and alternative protein sources.