The forecast for France's crop and animal production, hunting, and related service activities from 2024 to 2028 indicates a consistent growth trend. Starting at 86.21 billion euros in 2024, the industry is projected to increase to 89.28 billion euros by 2028. Annual increments are steady, reflecting economic stability and potential improvements in agricultural outputs.
Key variations include:
- 2024 to 2025: Approximately 0.92% increase
- 2025 to 2026: Approximately 0.90% increase
- 2026 to 2027: Approximately 0.87% increase
- 2027 to 2028: Approximately 0.83% increase
The compound annual growth rate over this period is around 0.88%, indicating a modest yet consistent upward trend. In 2023, the industry was valued at 85.5 billion euros, representing a sound basis for these projections.
Future trends to watch include the impact of climate change on agricultural productivity, advancements in sustainable farming practices, and potential policy shifts within the EU that might influence the competitiveness and growth trajectory of this sector.
