Between 2013 and 2023, the Fresh Goat Meat market in France showed significant fluctuations. Starting from 5.9993 Million Euros in 2013, it reached 6.9402 Million Euros in 2023, marking a modest growth. The market experienced a notable dip in 2017 but rebounded in subsequent years. Year-on-year growth rates varied, with the most substantial decrease of -15.24% in 2017 and a highest increase of 8.58% in 2018. The Compound Annual Growth Rate (CAGR) for the past five years stood at 0.44%, reflecting a relatively slow but steady growth.
Moving into the future, forecasts from 2024 to 2028 indicate a CAGR of 0.58%, suggesting a continued modest growth. The market is projected to climb to 7.1997 Million Euros by 2028, translating to a growth rate of 2.94% over these five years.
Future trends to watch for:
- Potential shifts in consumer preferences towards goat meat as a protein source.
- Impact of sustainability and ethical farming on market dynamics.
- Technological advancements in goat meat production and processing.
- Changes in regulatory policies affecting livestock and meat markets.
