Forecast: Poultry Production in France

Analyzing historical data from 2013 to 2023 for poultry production in France reveals that it fluctuated, starting at 1.81 million metric tons in 2013 and reaching 1.79 million metric tons in 2023. Over the past two years (2021-2023), this volume experienced slight declines of 0.28% and 0.27% year-on-year, respectively. The Compound Annual Growth Rate (CAGR) over the last five years stood at -0.37%, indicating a minor yet steady decline in production.

Looking forward, forecasted data from 2024 to 2028 suggest a continued, modest decline. Production levels are expected to drop from 1.79 million metric tons in 2024 to 1.77 million metric tons in 2028, with a forecasted 5-year CAGR of -0.23%, which equates to a total decrease of 1.15% over this period.

Future trends to watch for include:

• Changes in consumer preferences towards alternative protein sources.

• Regulatory impacts related to animal welfare and environmental sustainability.

• Technological advancements in poultry farming that might counteract the declining trend.

• International trade policies that could affect import/export dynamics.