The poultry meat processing sector in France has shown a consistent growth trend from 2014 to 2023, increasing from 74.0 to 90.0 thousand metric tons. The year-on-year variations indicate fluctuations, with significant peaks in growth such as a 6.1% increase in 2018. The steady growth slowed down to an annual rate of 1.12% in 2023. The compound annual growth rate (CAGR) over the last five years (2019-2023) stands at 0.68%, reflecting a deceleration from the preceding period.
Future trends to watch for in the poultry meat processing industry include:
- Technological advancements in processing methods and automation to enhance efficiency and output.
- Shifts in consumer preferences towards organic and health-conscious products driving market demand.
- Regulatory changes impacting production practices and industry standards.
- Trade policies and their effect on import and export dynamics within the EU and globally.
The forecasted CAGR of 0.65% from 2024 to 2028 suggests moderate growth, with the industry expected to reach 94.0 thousand metric tons by 2028, marking an overall growth of 3.3% over the five-year period.
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