French beef meat production has demonstrated notable fluctuations over the past decade. Between 2014 and 2023, production volumes have oscillated, peaking at 1.47 million metric tons in 2016 and dipping as low as 1.37 million metric tons in 2020. In 2023, production stood at 1.45 million metric tons, with a modest year-on-year increase of 0.069% from the previous year. The compound annual growth rate (CAGR) over the last five years leading up to 2023 was 0.14%, indicating a generally stable trend with minor variations.
Looking ahead, forecasts suggest that production will stabilize around 1.45 million metric tons annually through to 2028. The forecasted CAGR over the next five years is 0.09%, underscoring a minimal annual average variation.
Future trends to watch for include potential impacts of climate change on livestock farming, shifts in consumer demand toward alternative protein sources, and regulatory changes within the European Union that could affect beef production practices. These factors could introduce variability in future beef production volumes in France.
