The sold production of dietary supplements in France has demonstrated significant fluctuations and growth over the past years. Starting from a value of €96.936 million in 2016, it saw substantial year-on-year increases, particularly a notable 51.7% jump in 2017. Following a relatively stable growth period, the market witnessed tremendous growth in 2020 with a 37.96% spike, likely influenced by the increasing health consciousness due to the pandemic. However, 2021 saw a notable decline of 20.02%. The growth trajectory picked up again in 2022, with a rise of 31.07% and a further 10.5% increase in 2023, reaching €397.97 million.
Looking forward, forecasted data from 2024 to 2028 show a positive growth trend, with the market expected to reach €581.4 million by 2028. The compounded annual growth rate (CAGR) over the next five years is anticipated to be 5.95%, resulting in an overall growth rate of 33.53%.
Future trends to watch for include increasing consumer demand for wellness products and the potential for innovation in dietary supplements, driven by advancements in health research and technology. Additionally, regulatory changes and sustainability trends may significantly impact market dynamics.
