In 2023, meat stock in France stood at a substantially lower level than projected for the following years. Between 2024 and 2028, a steady annual increase is anticipated, with stock volumes projected to rise from 477.18 to 518.96 thousand metric tons. This reflects a consistent year-on-year growth. Over the five-year period, we observe a Compound Annual Growth Rate (CAGR), indicating continuous demand and supply adjustments.
Future trends to watch for include:
- Potential impacts of consumer preference shifts towards plant-based alternatives.
- Sustainability and animal welfare influencing market dynamics.
- Regulatory changes affecting production and distribution.
- Global economic factors impacting both exports and imports.