Forecast: Sold Production of Bread in France

The French bread market has seen a steady increase in sold production value from 2013 to 2023, reaching approximately €6.24 billion in 2023. Substantial growth was observed particularly through 2016-2018, with annual growth rates of 6.76%, 5.04%, and 3.87% respectively. However, a notable dip occurred in 2020 with an 8.44% year-on-year decline, likely due to global market disruptions. The subsequent recovery saw an annual growth of 8.99% in 2021. Over the last five years, the CAGR was 0.95%. The forecast suggests continual growth with a 1.25% average annual increase leading up to 2028.

Future trends to watch for:

• Potential market disruptions or shifts due to global economic conditions.
• Impact of consumer preferences towards healthier or alternative bread options.
• Technological advancements in bread production and distribution influence market dynamics.
• Regulatory changes or innovations in packaging and sustainability efforts impacting the industry.
• Shifts in raw material costs influencing product pricing and production volumes.