In 2023, the animal fats processing volume in France stood at 1.0 thousand metric tons. The forecast for 2024 to 2028 indicates a stable trend, maintaining a consistent volume of 1.0 thousand metric tons annually. Since there are no year-on-year changes, the compound annual growth rate (CAGR) over this period is 0%, reflecting a steady state without expansion or contraction in the market.
Future trends to watch for include:
- Potential shifts in consumer preferences for alternative fats and oils, impacting demand.
- Technological advancements in processing that could alter operational efficiencies.
- Regulatory changes affecting animal by-products and sustainability practices in the industry.