In the poultry meat processing industry in France, wages and salaries demonstrated notable growth over the past decade. From 2013 to 2023, the value escalated from 626.3 million euros to 1170.0 million euros, reflecting a significant expansion. The period from 2017 onwards saw marked increases, particularly in 2017 with a 53.38% year-on-year surge. Over the last two years (2022-2023), the year-on-year variations were 3.28% and 3.13% respectively. The recent 5-year CAGR stands at 2.16%, indicating steady though modest growth.
From 2024 onwards, forecasts suggest a continued upward trend, with a projected 2028 value of 1340.0 million euros and a 5-year CAGR of 2.14%. This reflects an anticipated growth rate of 11.17% over the next five years.
Future trends to watch for:
- Technological advancements in meat processing increasing efficiency.
- Labour market conditions and wage policies affecting salary trends.
- Sustainability measures potentially influencing operational costs.
