From 2013 to 2023, employment in the Vegetable Oil and Animal Fats sector in France showed significant variability, rising from 3.31 thousand FTEs to 11.05 thousand FTEs. The sharpest increase occurred in 2017 with a 145.23% year-on-year rise, and subsequent years saw moderate but steady growth. From 2022 to 2023, the employment grew by 5.28% year-on-year.
The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) stood at 4.73%, indicating a consistent upward trend. Forecasts suggest this growth will continue, with an expected CAGR of 3.44% from 2024 to 2028, reaching 13.74 thousand FTEs by 2028.
Future trends to watch for include:
• Technological advancements in production and processing • Increased demand for plant-based and alternative fats • Regulatory changes and sustainability measures affecting production practices
