The French frozen bovine meat market has seen fluctuations in per capita value from 2013 to 2023. Initial declines were observed until 2015, followed by a gradual recovery starting in 2016. From 2018 onwards, there has been a consistent upward trend, reaching 34.97 Euros per capita by 2023. Over the last two years (2022 and 2023), the market experienced a year-on-year increase, with a 2.31% rise from 2022 to 2023. The five-year compound annual growth rate (CAGR) from 2019 to 2023 is approximately 2.05%.
Future trends to watch for include:
- Potential impact of changing consumer preferences towards sustainable meat products.
- Regulatory changes affecting the frozen meat supply chain in response to environmental policies.
- Increases in alternative protein sources could influence demand dynamics.
