The market for meat and poultry meat products in France has seen significant fluctuations over the past decade. Between 2013 and 2019, production largely remained stable with minor increases and occasional declines, capping at 1.853 Billion Kilograms in 2019. An unusual spike occurred in 2020 with a 6.19% year-on-year increase. However, this was followed by a dramatic fall of 52.09% in 2021 accompanied by slight reductions subsequently, bringing the figure to 0.87976 Billion Kilograms in 2023.
From 2021 to 2023, the market contracted annually by approximately 3.39% on average reflecting market disturbances. Looking ahead, forecasts suggest a continued decline with a notable CAGR of -3.29%, taking the volume down to an anticipated 0.71604 Billion Kilograms by 2028, constituting an overall reduction of 15.4% over the five years from 2024.
Future trends to watch for:
- Health-related concerns and shifts in dietary preferences towards plant-based diets.
- Technological innovations in food production and meat alternatives.
- Regulatory changes impacting production and consumption dynamics in the meat industry.
