In 2023, the sold production of animal or vegetable fats and oils chemically modified in France stood at 26.8 million euros. From 2024 onward, the forecasted data suggests a steady year-on-year growth with values reaching 28.409 million euros by 2028. The average compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 is approximately 1.2%, indicating a moderate pace of expansion.
Future trends to watch for:
- Increasing consumer demand for healthier oil alternatives may drive production growth.
- Innovation in production processes could enhance product characteristics, boosting market appeal.
- Regulatory changes in the EU could influence production dynamics.
- Global trade policies could impact export opportunities for French producers.