Key regions: South Korea, Russia, Canada, Philippines, China
The Fresh Meat market in France is facing minimal growth due to factors such as changing consumer preferences towards plant-based diets, regulatory restrictions on meat production, and increasing concerns over animal welfare. Despite these challenges, the market is expected to see moderate growth driven by factors such as rising disposable income and demand for premium and organic meat products. The Beef & Veal sub-market is expected to see the highest growth, followed by Poultry and Pork, while Mutton & Goat and Other Fresh Meat are expected to see slower growth due to lower demand.
Customer preferences: In France, the Fresh Meat Market of the Meat Market within The Food market has seen a rise in demand for organic and locally sourced meats. This trend is driven by consumers' growing awareness of sustainability and ethical considerations in food production. Additionally, there has been an increase in demand for plant-based protein alternatives, reflecting a shift towards healthier and more environmentally friendly diets. This change in preferences is also influenced by the rise of flexitarian and vegetarian lifestyles among younger generations.
Trends in the market: In France, the Fresh Meat Market within the Meat Market is experiencing a shift towards more sustainable and ethical practices, with a focus on locally-sourced and organic meat products. This trend is driven by consumer demand for healthier and more environmentally-friendly options. In addition, there is a growing interest in alternative protein sources, such as plant-based meat substitutes, which are gaining traction in the market. These trends are expected to continue, with potential implications for industry stakeholders, including the need for investments in sustainable production methods and innovation in product offerings to meet changing consumer preferences.
Local special circumstances: In France, the Fresh Meat Market of the Meat Market within The Food market is heavily influenced by the country's cultural traditions and preferences. The French place a high value on the quality and origin of their food, leading to a strong demand for locally-sourced, organic, and sustainably-raised meat products. This has also resulted in strict regulations and labeling requirements for meat products, further shaping the market dynamics. Additionally, France's diverse regions and climates contribute to the availability of a wide variety of meats, such as beef, poultry, and game, catering to different tastes and preferences.
Underlying macroeconomic factors: The Fresh Meat Market of the Meat Market within The Food market in France is influenced by various macroeconomic factors. The overall economic health of the country, as well as global economic trends, play a significant role in shaping the market. Fiscal policies and financial indicators, such as consumer spending and inflation rates, also impact market performance. Moreover, the growing trend towards sustainable and ethical consumption has led to increased demand for organic and locally sourced meat, driving market growth. Furthermore, government initiatives promoting healthy eating habits and reducing meat consumption, along with the increasing awareness of the environmental impact of meat production, are also influencing the market.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.
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