In 2023, the French vegetable oils market size volume stood at 1.05 million metric tons. From 2014 to 2023, the market saw fluctuations, with a notable drop in 2017 (-6.35%) and slight rises like in 2018 (2.36%). The past two years showed slight declines, with a year-on-year decrease of 0.57% in 2023. The CAGR over the last five years was -0.62%, indicating a gradual shrinkage in market volume.

Future forecasts show a continued decline in volume, with a projected 0.46% annual decrease through 2028, leading to a forecasted market size of 1.02 million metric tons. This corresponds to an estimated overall decline of 2.29% over the next five years.

Future trends to watch for:

Impact of health and environmental concerns leading to shifts in consumer preferences.
Innovations in plant-based oils and alternative fats.
Regulatory changes affecting production and importation.