The meat processing production value in France has shown significant fluctuations between 2013 and 2023, starting at 17.55 billion Euros in 2013 and declining to 13.27 billion Euros in 2023. The period saw notable declines, particularly in 2017 with a 20.18% drop, and brief recoveries such as in 2014 with a 5.13% increase. Over the last five years, the Compound Annual Growth Rate (CAGR) was -1.38%, indicating a consistent downward trend. The data from 2024 onwards is forecasted, continuing this decline with a predicted CAGR of -1.12% through to 2028.
Future trends to watch for include the rise of alternative protein sources, potential regulatory changes, and shifts in consumer preferences towards plant-based products, which could further impact the meat processing industry.
