In 2023, the per capita value of the wheat groats and meal market in France was at a given level, with subsequent forecasted declines from €1.48 in 2024 to €1.33 in 2028. This represents a continuous decrease in the per capita market value, suggesting notable downward trends in consumption or spending. The year-on-year variation depicts a steady decrease, hinting at a gradual decline in demand. The compound annual growth rate (CAGR) also confirms a negative growth trajectory, indicating consistent reduction over the forecasted period.
Future Trends to Watch:
- Monitor changes in dietary preferences that may further influence demand.
- Observe any policy shifts or economic changes affecting food markets.
- Watch for competition from alternative grains impacting wheat consumption.