The forecasted demand for raw animal fats in France, expressed in thousand metric tons, shows a declining trend from 2024 to 2028. Here are the data points:
- 2024: 69.0
- 2025: 67.0
- 2026: 65.0
- 2027: 64.0
- 2028: 62.0
Year-on-Year Variations
- 2025: -2.9%
- 2026: -3.0%
- 2027: -1.5%
- 2028: -3.1%
Compound Annual Growth Rate (CAGR) 2024-2028
The CAGR for this period is -2.68%, indicating an average annual decrease in demand for raw animal fats.
Future Trends to Watch
Future trends to monitor include shifts in consumer preferences towards plant-based fats, regulatory changes, and innovations in food technology. These factors could further influence the decline in demand for raw animal fats in France.