In 2023, the sold production of fresh or chilled goat meat in France was higher than the forecasted trajectory beginning in 2024. Forecasts suggest a decline from 7.9738 million Euros in 2024 to 4.8775 million Euros by 2028. This indicates a downward trend in market value, with the most significant drop between 2027 and 2028. The year-on-year decline suggests decreasing demand or shifts in market dynamics, with a five-year Compound Annual Growth Rate (CAGR) showing a steady negative trend.
Future trends to watch for:
- Potential shifts in consumer preferences towards other meats or plant-based alternatives.
- Impact of economic factors or policy changes on production and consumption patterns.
- Technological innovations in goat farming that could alter production efficiency and costs.
- Environmental or health concerns influencing consumer choices and market prices.