The frozen bovine meat market in France has shown variability from 2013 to 2023, marked by initial declines, a steady phase, and subsequent growth. The market stood at €2.3819 billion in 2023, reflecting a year-on-year growth of 3.04%. Notably, there was a significant uplift from 2018, peaking in 2021 at a 5.67% increase. Over the past five years, the market has maintained a consistent upward trend with a CAGR of 4.16%.
Future trends to watch for include:
- The forecasted market size in 2028 of €2.7229 billion.
- A predicted CAGR of 2.12% over the next five years, suggesting continued steady growth.
- Changes in consumer preferences towards more sustainable and organic meat options.
- Potential impacts of regulatory changes and trade policies on market dynamics.