In 2023, the sold production of fresh or chilled beef and veal carcases in France stood at 333.95 million kilograms. The forecasted trend from 2024 to 2028 indicates a steady decline. Specifically, a year-on-year decrease is observed: 4.8% from 2024 to 2025, 5.0% from 2025 to 2026, 5.2% from 2026 to 2027, and 5.4% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this forecasted period is -4.9%, indicating a consistent downward trend in production volumes.
Future trends to watch for:
- Potential impact of environmental regulations on cattle farming.
- Shifts in consumer preference towards plant-based proteins.
- Developments in meat processing technologies and supply chain efficiencies.
- Macroeconomic factors influencing meat consumption and purchasing power.
