The forecasted stock of raw animal fats in France for 2024 is 7,000 metric tons, decreasing annually until 2028 where it is projected at 5,000 metric tons. This results in a Compound Annual Growth Rate (CAGR) of approximately -6.5% over the five-year period. Year-on-year, the most notable change is a steady decline beginning in 2028, showcasing a potential downward trend in demand or production for this resource.
Future Trends to Watch:
- Shifting consumer preferences towards plant-based alternatives.
- Regulatory impacts possibly encouraging reduced reliance on animal fats.
- Technological advancements in synthetic fat production.
