The turnover in the Vegetable Oil and Animal Fats sector in France has exhibited significant fluctuations from 2013 to 2022, with a notable decline in 2016 and subsequent steady growth from 2017 onwards. Forecasted data from 2023 to 2028 predicts a consistent upward trend, with the CAGR for the next five years expected to be 3.12% reflecting a growth rate of 16.62% over this period. Year-on-year growth remains positive and stable, indicating a solid market recovery and expansion.
As the market continues to grow, future trends to watch include increasing demand for healthier vegetable oil options, expansion in sustainable and organic product lines, and technological advancements in production efficiency. Additionally, evolving consumer preferences and regulatory factors will play a crucial role in shaping the sector's trajectory.
