Between 2014 and 2023, the mutton and goat meat market in France saw a steady decline from 212.0 thousand metric tons to 173.0 thousand metric tons. This represents a significant downward trend reflecting a consistent yearly reduction, with a CAGR of approximately -1.23% over the last five years. The year-on-year variations indicate the steepest declines in 2016 and 2017, while the decreases from 2018 to 2022 appear more gradual. Specifically, 2023 saw a 1.7% decrease from the previous year, aligning with the average trend.
Forecast data from 2024 to 2028 suggest a continuing decline, with the market expected to reach 161.0 thousand metric tons by 2028. The projected average annual rate of decline (CAGR) over the next five years is approximately -1.2%, resulting in an overall reduction of about 5.85% by the end of the forecast period. This consistent decline merits close observation.
Future trends to watch for in the mutton and goat meat market include possible shifts in consumer preferences towards alternative protein sources, changes in agricultural policies, environmental concerns impacting animal farming, and economic factors affecting production and demand. Stay informed on technological advancements in sustainable farming practices and evolving regulatory landscapes that may influence market dynamics.
