In 2023, soybean production in France stood at €250 million. The forecasted data from 2024 to 2028 show a steady annual increase in value, with the soybean production expected to grow by approximately 1.6% year-on-year. Over the next five years (2024-2028), the compound annual growth rate (CAGR) is projected to be about 1.6%, indicating a stable upward trend in production value.
Future trends to watch for:
- Potential impacts of climate change on soybean yield and quality.
- Shifts in global soybean prices affecting domestic production incentives.
- Technological advancements in agricultural practices improving yield efficiency.
- Changes in EU agricultural policies impacting soybean farming.
