In 2023, the production of semi- or wholly milled or broken rice in France stood at a lower volume compared to the forecasted 171.16 million kilograms in 2024. The forecast indicates a steady growth trend, with increments each year leading to 181.11 million kilograms by 2028. This reflects average year-on-year growth approaching 1.47%. The compound annual growth rate (CAGR) over the forecast period will solidify around 1.45%.
Future trends to watch for:
- Shifts in consumer preferences towards rice as a staple food, potentially driven by health trends.
- Impact of climate change and advancements in agricultural technology on rice production.
- Changes in global supply chain dynamics affecting import and export activity in the rice market.
- Government policies and subsidies potentially influencing local rice production levels.
