In 2023, the per capita value of the fresh bovine meat market in France was positioned at a benchmark that set the scene for the forecast period. Forecasts suggest a consistent year-on-year decline from 2024 to 2028, with expected per capita values decreasing from 119.69 Euros in 2024 to 115.03 Euros in 2028. This represents a subtle but steady annual decline in consumer expenditure on bovine meat.
Year-on-Year Variations:
- 2024 to 2025: Decrease of approximately 0.98%
- 2025 to 2026: Decrease of approximately 0.99%
- 2026 to 2027: Decrease of approximately 1.00%
- 2027 to 2028: Decrease of approximately 0.99%
A five-year compound annual growth rate (CAGR) analysis reveals an average annual decrease in per capita expenditure, constituting a significant insight for strategic forecasting.
Future Trends to Watch For:
- Potential shifts in consumer preferences towards plant-based or alternative meat products driven by health consciousness and sustainability priorities.
- The impact of economic factors such as inflation and consumer purchasing power on meat consumption trends.
- Policy changes and regulations affecting meat production and pricing.
