The Frozen Chicken Cuts market in France has shown notable variations over the years. From 2013 to 2023, the market saw ups and downs, with a significant decrease in 2013, followed by a substantial rise in 2014, and relatively stable growth in the following years. The period of 2019 to 2020 experienced a decline, which was followed by a recovery in 2021. As of 2023, the market stands at 180.52 million kilograms, reflecting a marginal increase from the previous year.
Over the last two years, the market observed the following percentage changes:
- 2022 to 2023: 1.46% increase
- 2021 to 2022: 1.06% decrease
The Compound Annual Growth Rate (CAGR) over the last five years was 1.95%, indicating a moderate growth trend.
Looking ahead, forecast data from 2024 to 2028 suggests a continued growth trajectory with a forecasted 5-year CAGR of 1.07%, resulting in a total growth rate of 5.48% by 2028.
Future trends to watch for include:
- The impact of changing consumer preferences toward frozen versus fresh chicken products.
- Potential market disruptions from supply chain issues and economic factors.
- Technological advancements in freezing and packaging methods.
- Environmental concerns and regulatory changes affecting poultry production.