Forecast: Meat Demand in France

Meat demand in France, expressed in Million Metric Tons, showed notable fluctuations over the past decade, standing at 5.34 in 2023. From 2014 to 2018, the market experienced a downward trend followed by slight recovery, but overall remained relatively flat. The period from 2019 to 2023 illustrated a minor, yet consistent decline. The year-on-year variation in 2023 was a slight decrease of 0.094%, while the compound annual growth rate (CAGR) over the last five years registered at -0.16%.

Moving forward, forecasted data from 2024 to 2028 indicate a continued gradual decline in meat demand with a forecasted five-year CAGR of -0.07% and an overall decline of 0.36% across the period.

**Trends to Watch For:**

  • Shifts in consumer preferences towards plant-based diets and alternative protein sources.
  • Possible impacts of regulatory changes on meat production and consumption.
  • Influence of economic factors and health concerns on meat demand.

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