The turnover of meat and poultry meat products in France experienced significant fluctuations from 2013 to 2023. Starting at 10.73 billion Euros in 2013, the market saw a general decline, dropping to 9.62 billion Euros in 2023, reflecting a net year-on-year drop of 0.63%. Notably, there were sharp increases and declines, including a substantial rise of 16.6% in 2017 and a significant fall of 27.19% in 2019. Over the last five years (2019-2023), the Compound Annual Growth Rate (CAGR) was negative, averaging -2.44% annually.
Looking ahead, the forecast for 2024-2028 suggests a minor but consistent decline at a CAGR of -0.46%, with a total projected decrease of 2.27% over five years by 2028. This indicates ongoing challenges for the market, likely influenced by external factors such as changing consumer preferences, economic conditions, and potential regulatory impacts.
Future trends to watch for include the rise of alternative protein sources, increasing consumer awareness and demand for sustainable and organic products, and technological advancements in meat production and processing. Additionally, policy changes related to health, nutrition, and environmental sustainability will likely shape market dynamics.
