Based on the data from 2014 to 2023, the nuts market in France has showcased a general growth trend with fluctuations. In 2023, the volume stood at 281.0 thousand metric tons, reflecting a 1.44% year-on-year increase. Over the past five years, the compound annual growth rate (CAGR) averaged at 0.88%. The market experienced a peak year-on-year growth of 6.19% in 2015, while there was a minor decline of 0.37% in 2019. The forecast for the next five years (2024-2028) suggests a CAGR of 0.76%, leading to a projected market volume of 295.0 thousand metric tons by 2028, indicating an overall growth rate of 3.87% over this period.
Future trends to watch for:
- Consumer preference towards healthy and organic snacks may drive demand.
- Innovations and varied product offerings in the nuts market.
- Impact of economic fluctuations on consumer purchasing power.
- Greater emphasis on sustainability and eco-friendly packaging.
