The groundnut oil market in France has shown a fluctuating trend from 2014 to 2023, starting at 10.0 thousand metric tons in 2014, peaking at 13.0 in 2015, and then stabilizing at 9.0 thousand metric tons from 2017 onward. By 2023, the market size remained at 9.0 thousand metric tons with no year-on-year variation, indicating a stable demand in recent years.
Key trends from 2014 to 2023:
• 2015 saw a significant 30% increase.
• A sharp decline of 23.08% in 2016.
• Stability at 9.0 thousand metric tons from 2017 onwards.
Future Trends:
Looking forward, the market is expected to maintain its stable volume of 9.0 thousand metric tons through 2028, with a forecasted 5-year CAGR of 0%. Key factors to watch include changes in consumer preferences, potential health concerns, and competitive product innovations that could impact the demand for groundnut oil in France.
