The historical data of sold production of bread in France shows a fluctuating pattern between 2013 and 2023. The volume was 2.508 billion kilograms in 2013, showing a general decline with some increases until 2020 when a significant drop of 9.83% occurred. In 2023, the production stood at 2.5398 billion kilograms, representing a slight decrease of 0.59% year-on-year. Over the past five years, the CAGR has averaged -1.51%, indicating a gradual decline in production volume.
From 2024 onwards, forecasted data suggest a continued slight decline, with the production volume expected to reach 2.4662 billion kilograms by 2028. The forecasted CAGR for the next five years is -0.47%, signifying a relatively steady decrease in production volumes over this period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier bread alternatives or other dietary changes impacting bread consumption.
- The impact of economic factors and inflation on production costs and pricing strategies.
- Technological advancements in bread production methods influencing efficiency and output.
