As of 2023, the market size for oil-cake of vegetable fats or oils in France was approximately 3.113 Billion Euros. The market is forecasted to steadily grow from 2024 to 2028, with yearly increments reflected in a year-on-year increase of about 1.33% per annum. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) averages around 1.3%, indicating modest yet consistent growth.
Future trends to watch for include:
- Potential shifts in consumer demand driven by increased awareness of sustainable agricultural practices.
- Regulatory changes affecting the production and export of vegetable oil-cake products.
- The impact of global economic conditions on trade and pricing dynamics.