The refined sugar molasses market in France fluctuated in volume from 2013 to 2023, where it stood at 255.4 million kilograms. The trends showed a mix of expansions and contractions, with the most significant drop of 15.75% in 2015 followed by a period of slight growth and recent declines. Over the last two years (2022-2023), there has been a shrinking trend, with a year-on-year variation of -2.2% in 2022 and -2.23% in 2023. The last five years saw an average annual decrease (CAGR) of -2.64%.
The forecast for 2024 and beyond indicates a consistent decline in market volume at a CAGR of -1.87%, predicting the market to decrease to 227.19 million kilograms by 2028, showcasing an overall growth rate of -8.99% within this period.
Future trends to watch include potential shifts in consumer preferences towards healthier alternatives, regulatory changes impacting sugar content in food products, and innovations in sugar substitutes which may further influence market dynamics in refined sugar molasses.
