In 2023, the cattle production in France stood at 9.08 billion Euros. The forecast from 2024 to 2028 predicts a consistent incremental growth in production value, ranging from 9.11 billion Euros in 2024 to 9.23 billion Euros in 2028. This indicates a positive, albeit modest, upward trend.
Year-on-year percentage variations: - 2024: approximately 0.33%- 2025: around 0.44%- 2026: about 0.33%- 2027: close to 0.22%- 2028: roughly 0.33%
The compound annual growth rate (CAGR) over this five-year period suggests an average annual increase of approximately 0.33%.
Future trends to watch for include potential impacts of climate change on cattle breeding, shifts in consumer demand towards sustainable and ethical meat production, and technological advancements in livestock management which could further influence production efficiency and costs.
