Forecast: Meat Market Size Value in France

Over the past decade, the meat market size in France has witnessed a gradual decline. In 2013, the market was valued at €22.425 billion, decreasing each subsequent year with occasional minor upticks such as in 2017 and 2019. The 2023 market size stood at €20.556 billion. The overall CAGR for the last five years has been slightly negative, indicating a consistent downturn.

Year-on-year variations have showcased fluctuations, including notable declines in 2014 (-2.68%) and 2018 (-3.06%), as well as smaller declines in recent years. The forecast over the next five years (2024-2028) predicts a continued modest decrease, with a forecasted 5-year CAGR of -0.33%.

Future Trends to Watch For:

• Consumer Preferences: Rising consumer awareness regarding health and sustainability may drive a continued shift towards plant-based alternatives.
• Technological Advances: Innovations such as cultured meat and improved supply chains may impact market dynamics.
• Economic Factors: Macroeconomic conditions, including inflation and disposable income levels, will play a crucial role in future market developments.
• Regulatory Changes: European Union policies and regulations on animal welfare and environmental impact may further influence the market trajectory.