In 2023, the sold production of rendered lard and other pig fat in France stood slightly above the forecasted value for 2024. From 2024 to 2028, the production is expected to decrease steadily from 91.062 million kilograms to 88.881 million kilograms, indicating a downward trend. The year-on-year decline averages around 0.5% as variations stabilize, leading to an estimated compound annual growth rate (CAGR) of approximately -0.6% over the forecast period.
Future trends to watch for include:
- Potential impact of health trends favoring plant-based alternatives.
- Regulatory changes affecting production and consumption.
- Market demand shifts due to consumer preference evolutions.
- Technological advancements in fat rendering techniques.
