In 2023, the production of starches in France stood at an actual value not provided in the data, but from 2024 onwards, forecasts indicate a decline. From 2024 to 2028, the forecasted production shows a year-on-year decrease, with notable declines between each consecutive year. The Compound Annual Growth Rate (CAGR) over the forecasted five years indicates a steady annual decrease in starch production in France, reflecting a challenging market outlook. Continuous innovation and adapting to increasing health consciousness are critical for sustainability in this sector.
Future trends to watch for:
- Increasing demand for gluten-free and plant-based products influencing starch utilization.
- Potential advancements in sustainable and non-GMO starch production methods.
- Market shifts towards bio-based materials affecting starch derivatives consumption.