In 2023, the tea market size value per capita in France was estimated at approximately 4.26 Euros. The forecast data for 2024 to 2028 shows a steady increase in value, rising from 4.41 Euros in 2024 to 5.01 Euros in 2028. This represents an annual growth rate of about 3.2% year-on-year. Cumulatively, over the five-year period, the compound annual growth rate (CAGR) is approximately 3.3%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier or specialty teas.
- Impact of economic conditions on consumer spending behavior.
- Innovations in tea product offerings and packaging.
- Influence of marketing and promotional strategies on consumption.