The market for fresh sheep meat in France has shown a consistent decline over the past decade. In 2023, the volume stood at 139.26 million kilograms, having fallen steadily since 2013. Notably, the volume decreased by 2.55% from the previous year, continuing a trend observed over the last two years, where the total decline was 5.05%. The Compound Annual Growth Rate (CAGR) over the last five years was -1.87%, indicating a persistent reduction in market size driven by various factors, potentially including changes in consumer preferences and dietary habits.
The forecasted trend from 2024 to 2028 anticipates a further decline, with an expected CAGR of -2.16%, leading to a total reduction of 10.35% over the five-year period. By 2028, the market size is projected to be 121.61 million kilograms.
Future trends to watch for include:
- Shifts in consumer dietary preferences towards plant-based proteins.
- Potential impacts of regulatory changes concerning livestock farming.
- The influence of economic factors on consumer purchasing power and meat consumption.
