The volume of the craft beer market in France stood at 460.62 million kilograms in 2023, reflecting a steady increase over the past decade. Despite minor dips in 2019 and 2021, the market exhibited resilience with subsequent growth. The 2.4% year-on-year growth in 2023 exemplifies this trend.
Analyzing more closely, the market saw a notable yearly variation, with significant peaks like an 11.08% rise in 2022 and slower growth (2.4%) in 2023. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was just 0.95%, indicating moderate growth throughout this period.
Looking ahead, forecast data suggest a steady CAGR of 1.71% from 2024 to 2028, projecting the market size to reach 513.05 million kilograms by 2028. This corresponds to an overall growth rate of 8.85% over these five years.
Future trends to watch for include shifts in consumer preferences towards locally-sourced and eco-friendly products, potential regulatory changes, and the influence of emerging technologies on production and distribution efficiencies in the craft beer market.
