The sold production of food supplements for human consumption in France has shown a robust upward trend from 2016 to 2023. In 2023, the production value stood at 29.593 million kilograms. The industry saw significant year-on-year growth rates, particularly in 2017 with an 88.43% increase. Recent years also indicated strong performance with year-on-year variations of 12.79% in 2022 and 15.14% in 2023. The 5-year Compound Annual Growth Rate (CAGR) leading up to 2023 was calculated at 19.54%, reflecting a consistent expansion pattern.
Future trends to watch for:
- The forecasted CAGR from 2024 to 2028 is expected to be 7.71%, indicating a moderate but steady growth.
- The overall forecasted growth rate over the next five years is anticipated to be 44.94%, suggesting sustained demand in the market.
