In 2023, the turnover in the meat processing sector in France stood at 38.88 billion euros. Analyzing the forecasted values from 2024 to 2028, the sector shows a steady growth in turnover. Specifically, the year-on-year variation showcases incremental increases: 0.84% from 2023 to 2024, 0.84% from 2024 to 2025, 0.81% from 2025 to 2026, 0.78% from 2026 to 2027, and 0.80% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.81%.
Future trends to watch for include:
- Potential impacts of regulatory changes related to sustainability and animal welfare practices.
- Increasing consumer preference for plant-based alternatives, which may affect overall meat consumption.
- Technological advancements in meat processing that may drive efficiency and growth in the sector.