In 2023, the sold production of solid raw cane or beet sugar in France was valued at 120 million euros. The forecast data from 2024 to 2028 indicates a consistent decline in value, with a year-on-year decrease of approximately 0.5%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reveals an average annual decline of around 0.39%.
Future trends to watch for include:
- Potential market shifts towards alternative sweeteners which may further impact traditional sugar demand.
- Upcoming agricultural policies in the EU that could influence production costs and pricing.
- Environmental factors, such as climate change, affecting raw outputs and supply chain stability.