The frozen chicken cuts market in France showed a steady growth from 2013 through 2023, reaching a market size of 625.12 million Euros in 2023. While fluctuations occurred, the market generally maintained a positive trajectory. Key observations include a strong growth period from 2017 to 2019 followed by a dip in 2020, likely due to external disruptions like the Covid-19 pandemic. Recovery was swift with the market regaining its momentum in 2021. Between 2022 and 2023, a moderate growth pace continued.
The average annual growth rate (CAGR) for the past five years (2018-2023) stands at approximately 0.99%, which indicates steady albeit slow expansion. Moving forward, the forecast suggests a continued growth trend with the market reaching 677.47 million Euros by 2028, translating to an estimated 1.28% CAGR from 2024 to 2028. This points to a total growth rate of 6.55% over the five-year forecast period.
Future trends to watch for:
- Consumer demand shifts towards healthier and more convenient food options may drive innovation and new product lines within the frozen chicken cuts segment.
- Enhanced distribution channels, particularly through e-commerce, could further bolster market growth and reach.
- Regulatory changes and sustainability initiatives may influence production and supply-chain strategies.
- Potential market disruptions such as economic fluctuations or health-related crises could impact future market trends.
